Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition

Closing price adjustments are expected to total approximately $75 million, reducing total consideration to approximately $1.025 billion. Vital Energy expects to fund its $820 million portion, net of expected purchase price adjustments, through the use of its credit facility, which was recently expanded to $1.5 billion. Wells Fargo, National Association has committed to the increased elected commitment upon closing of the transaction. Attractively priced, immediately accretive: The transaction is priced at a ...