Shearman And Sterling

News August 27, 2020

Citizen Energy’s Agreement to Acquire Blue Mountain Midstream

Shearman & Sterling advised Citizen Energy on its agreement to acquire all the equity of Blue Mountain Midstream LLC, a wholly owned subsidiary of Riviera Resources, Inc. (OTCQX: RVRA), for approximately $111 million. The transaction is expected to close early in the fourth quarter of 2020 and is subject to the satisfaction of certain generally customary closing conditions.

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