Chord Energy Announces Strategic Acquisition of Williston Basin Assets

HOUSTON, Sept. 15, 2025 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today announced that a wholly owned subsidiary of Chord has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy Inc. and affiliates (collectively, "XTO"), subsidiaries of Exxon Mobil Corporation, for total cash consideration of $550 million, subject to customary purchase price adjustments. The consideration is expected to be funded through a combination of cash on hand and borrowings.

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