logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Bayswater Acquires New DJ Assets & Continues to Expand Colorado Footprint

Feb 12, 2024•almost 2 years ago

Acquiring Company

Bayswater Exploration & Production

Acquired Company

Confluence DJ

DenverDenverOil And GasEnergyEnergy

Description

Bayswater Exploration & Production has acquired assets from Confluence DJ LLC, a subsidiary of Confluence Resources LP, to expand its operations in the Denver Julesburg (DJ) Basin in Weld County, Colorado. This strategic acquisition reinforces Bayswater's commitment to responsible energy development and will contribute to the company's continued growth and expansion in the region.

Company Information

Company

Bayswater Exploration & Production

Location

Denver, Colorado, United States

About

Bayswater Exploration & Production is a Denver-based oil and natural gas development company. It is committed to responsible energy development and employs best-in-class practices focused on reducing the air, land, and water impacts of their operations. The company holds a significant position in the Denver Julesburg (DJ) Basin and the Northern Midland basin in Texas, focusing on the development of oil and natural gas resources.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed