2 CIVI

Overview

Civitas Resources, Inc. is an exploration and production company with a clear focus on acquiring, developing, and producing oil and natural gas resources. The company predominantly operates in the Rocky Mountain region, with a specific emphasis on the Denver-Julesburg Basin located in Colorado. Originally founded in 1999 and initially operating under the name Bonanza Creek Energy, Inc., Civitas Resources has established its headquarters in Denver, Colorado. The company's strategic positioning in the energy sector emphasizes its commitment to tapping into the vital energy resources within the Rocky Mountain area, leveraging its extensive expertise in exploration and production processes.

Products and Services

Civitas Resources, Inc. provides a focused selection of products and services geared towards the exploration and production of oil and natural gas. The company's offerings are deeply rooted in the energy sector, with a primary emphasis on the following areas:

• Oil and Natural Gas Exploration: Civitas Resources engages in the exploration of oil and natural gas. This involves geological surveying, geophysical analysis, and drilling processes to discover and evaluate potential extraction sites within the Denver-Julesburg Basin and surrounding Rocky Mountain region. The company employs state-of-the-art technology and methodologies to ensure effective and efficient exploration activities.
• Development and Production: Upon successful exploration and discovery of oil and natural gas reserves, Civitas focuses on the development and production of these resources. This includes the construction and operation of wells, implementation of recovery techniques, and ongoing well management to optimize production. Civitas employs innovative practices and technologies to maximize the yield and efficiency of its production operations.

Furthermore, Civitas Resources maintains interests in various production wells, signaling its active role in the operational phase of the oil and gas lifecycle. The company’s comprehensive services in the exploration, development, and production areas affirm its all-encompassing approach to energy resource management in the Rockies.