Monday, April 29, 2019 12:54:31 PM
Roan Resources (NYSE:ROAN) says it has received multiple unsolicited indications of interest to buy the company as well as in-basin consolidation opportunities.
Roan says it has formed a board committee to evaluate a potential sale or merger while also remaining committed to creating maximum value on a stand-alone basis.
"We believe consolidation in the core of the [Anadarko] basin through a sale or merger combination could be value enhancing on many levels," Chairman Joseph Mills says.
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