{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-133030","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.374651+00:00","generated_at":"2026-06-16T01:40:01.364967+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crescent Energy acquires Eagle Ford assets for $600M cash; accretive, expected Q3 close","bullets":["Acquires operatorship and ~50% working interest in Western Eagle Ford from Mesquite Energy for $600M cash.","Transaction is immediately accretive to cash flow, free cash flow, and NAV; $700M+ proved PV-10.","Production ~20 Mboe/d (70% liquids) with 12-month decline rate of 17%; nearly doubles operated locations.","Crescent deposited $60M into escrow; leverage expected to remain below 1.5x after close.","Board unanimously approved; close early Q3 2023 subject to HSR and customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-133030","json":"https://secwatch.observer/filing/0001193125-23-133030.json","markdown":"https://secwatch.observer/filing/0001193125-23-133030.md","text":"https://secwatch.observer/filing/0001193125-23-133030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000119312523133030/0001193125-23-133030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000119312523133030/d196414d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:40:01.364967+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d15ce4a9c88ed5767f1a603d4db4a20e00371ae","claim":"Crescent Energy Co entered into Purchase Agreement with Mesquite Comanche Holdings, LLC and SN EF Maverick, LLC valued at approximately $600 million in cash (effective 2023-05-02).","evidence_excerpt":"On May 2, 2023, Javelin EF L.P. (the “Purchaser”), a subsidiary of Crescent Energy Company (NYSE: CRGY) (the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Mesquite Comanche Holdings, LLC (“Comanche Holdings”) and SN EF Maverick, LLC (“SN EF Maverick,” and collectively with Comanche Holdings, the “Seller”), pursuant to which the Purchaser has agreed to acquire from the Seller certain interests in oil and gas properties, rights and related assets (the “Purchased Assets”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000119312523133030/0001193125-23-133030-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Mesquite Comanche Holdings, LLC and SN EF Maverick, LLC"},{"label":"Value","value":"approximately $600 million in cash"},{"label":"Effective","value":"2023-05-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}