Sumitomo Mitsui Financial Group, Inc. acquired an unknown minority stake in Vitesse Energy, Inc. (NYSE : VTS).
August 31, 2023
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Sumitomo Mitsui Financial Group, Inc. acquired an unknown minority stake in Vitesse Energy, Inc. (NYSE : VTS) on April 7, 2023. Christiansen, Brian D and Gaffney, Tim J of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to Sumitomo Mitsui Financial Group.
Sumitomo Mitsui Financial Group, Inc. completed the acquisition of an unknown minority stake in Vitesse Energy, Inc. (NYSE : VTS) on April 7, 2023.
Vitesse Energy, Inc. is an independent energy company. The Company is engaged in the acquisition, development and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are primarily in the Williston Basin of North Dakota and Montana. It also has properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. It owns a working interest in over 5,734 gross productive wells and royalty interests in an additional 1,140 productive wells. It also owns working interests in a 224 gross wells, and an additional 363 gross wells that have been permitted for development by its operating partners. Its property in Williston Basin stretches from western North Dakota into eastern Montana. Its property in Denver-Julesburg Basin is located in Northeast Colorado and Southeast Wyoming. Its property in Powder River Basin assets primarily target the Parkman, Sussex, Turner and Niobrara formations.
VITESSE ENERGY, INC. 
