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Centennial, Colgate Energy combine to create $7bn oil producer

Centennial Resource Development Inc. and Colgate Energy Partners III LLC have agreed to a merger of equals, the companies said on Thursday, creating a $7 billion Permian Basin-focused US oil and gas producer. The deal comes when global crude prices have surged after sanctions on big producer Russia following its invasion of Ukraine, helping create attractive corporate ....

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Centennial Resource, Colgate Energy Partners III to Merge

Centennial Resource, Colgate Energy Partners III to Merge
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