According to Reuters, Ranger Oil Corp (ROCC) is exploring a potential sale

POTENTIAL DEAL DETAILS

Ranger Oil Corp (ROCC) is exploring a potential sale as the south Texas oil and gas producer looks to capitalize on high energy prices to pursue strategic options, people familiar with the matter.

Update(s):

February 27. 2023: Canadian oil and gas producer Baytex Energy Corp (BTE) is nearing a deal to acquire U.S. peer Ranger Oil Corp (ROCC) for around $2.5 billion including debt. Baytex will pay a mixture of cash and stock to buy Ranger at a small premium to its current market value of $1.8 billion.

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