Oil and gas explorer Civitas Resources is involved in discussions over a potential merger with Permian Basin peer SM Energy, reported Bloomberg, citing people with knowledge of the matter. According to the report, the talks envision a merger of equals that would not include a takeover premium. The sources, who spoke on condition of anonymity because the discussions are not public, said no agreement has been reached and that other parties are also pursuing Civitas. Representatives for both companies refus ...