About Centennial Resource Development
Centennial Resource Development is an Energy & Utilities company based in Denver (United States) founded in 2014, and was acquired by Riverstone Holdings in July 2016. Unconventional oil and gas reserves are developed in West Texas. Centennial Resource Development has completed 1 acquisition, including Colgate Energy. Its chief executive, as recorded, is Mark Papa. Its focus areas include Energy, Oil & Gas Upstream and Diversified.
Company details
Centennial Resource Development was founded in 2014 and is headquartered in Denver, United States. Focus is placed on the exploration and production of unconventional oil and associated natural gas reserves within the oil sector. Assets include over 77,000 net acres and more than 1,950 drilling locations in West Texas. Leadership is provided by Chairman and CEO Mark Papa.
- Headquarters Denver, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website cdevinc.com
- Social LinkedIn
- Acquired by Riverstone Holdings (Jul 2016)
- InvestorsRiverstone Energy
& 1 more
- Investments & Acquisitions
- Acquired byRiverstone Holdings
(Jul 2016)
Investors in Centennial Resource Development
Centennial Resource Development has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Riverstone Energy and Riverstone Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on North American energy. | 2013 | riverstonerel.com | ||
Asset management firm investing in energy, power, and infrastructure globally. | 2000 | riverstonellc.com | New York, United States |
Investor details for Centennial Resource Development
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People of Centennial Resource Development
1 people are tracked at Centennial Resource Development (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mark Papa | Chairman & CEO | Leadership |
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Investments & Acquisitions by Centennial Resource Development
Centennial Resource Development has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Colgate Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of oil and natural gas assets in the Permian Basin | colgateenergy.com | Midland, United States | 2015 | May 2022 | •••• |
Complete acquisition details for Centennial Resource Development
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Timeline of Centennial Resource Development
3 dated milestones of Centennial Resource Development across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Centennial Resource Development is founded.
- Exit Acquired by Riverstone Holdings.
- Acquisition Acquires Colgate Energy.
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Centennial Resource Development (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Frequently Asked Questions about Centennial Resource Development
Centennial Resource Development was founded in 2014.
Centennial Resource Development is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Mark Papa is the CEO of Centennial Resource Development, as recorded in our data.
Centennial Resource Development was founded in 2014 and is headquartered in Denver, United States. Focus is placed on the exploration and production of unconventional oil and associated natural gas reserves within the oil sector. Assets include over 77,000 net acres and more than 1,950 drilling locations in West Texas. Leadership is provided by Chairman and CEO Mark Papa.
Centennial Resource Development has made 1 acquisition, including Colgate Energy.
Centennial Resource Development has 2 investors. Key investors include Riverstone Energy, and Riverstone Holdings.
Yes. Centennial Resource Development was acquired by Riverstone Holdings in July 2016.