US shale players SM Energy, Civitas announce merger Two US shale producers, SM Energy and Civitas Resources, agreed this week to an all-stock merger that will create a company worth $12.8bn, inclusive of each company’s net debt.

Two US shale producers, SM Energy and Civitas Resources, agreed this week to an all-stock merger that will create a company worth $12.8bn, inclusive of each company’s net debt. Bne IntelliNews #ShaleMerger #EnergyNews #SMEnergy #CivitasResources #OilAndGas