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civitas
[ siv-i-tas; Latin kee-wi-tahs ]
noun
- the body of citizens who constitute a state, especially a city-state, commonwealth, or the like.
- citizenship, especially as imparting shared responsibility, a common purpose, and sense of community.
Word History and Origins
Origin of civitas1
Example Sentences
The transactions would increase Civitas' existing production by 60%, the company said.
Under the terms of the transactions, Civitas has agreed to purchase a portion of Tap Rock Resources' Delaware Basin assets and all of Hibernia Energy III's Midland Basin assets.
Reuters was the first to report that Civitas was in advanced talks with NGP to buy the Permian Basin-focused assets.
The acquisition of the "attractively priced, scaled assets in the heart of the Permian Basin" would lead to increased free cash flow and enhanced shareholder returns, according to Civitas Chief Executive Chris Doyle.
Civitas is in advanced discussions with NGP to buy Hibernia Resources as well as much of Tap Rock Resources, the sources said.
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