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Quantum buys Rockies E&P Caerus Oil and Gas for $1.8 billion


Quantum buys Rockies E&P Caerus Oil and Gas for .8 billion

Rocky Mountain producer Caerus Oil and Gas was sold to Quantum Capital Group in two transactions valued at $1.8 billion. The transactions include Caerus’ upstream and midstream assets spanning the Piceance Basin in western Colorado and the Uinta Basin in eastern Utah. The deals also include the acquisition of Caerus’ asset-backed securities and other liabilities. […]