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Civitas Pledges $10 Million in Humanitarian Aid to Ukrainians
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Rhea-AI Summary
Civitas Resources, Inc. (NYSE:CIVI) has announced a $10 million pledge in humanitarian aid to support Ukrainians affected by the ongoing Russian invasion. Chairman and Interim CEO Ben Dell expressed the company's commitment to responsible global citizenship and emphasized the immediate humanitarian needs arising from the conflict. Funds will be allocated to various charitable organizations focused on refugee assistance and other peaceful efforts amid the crisis.
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Civitas has committed $10 million in humanitarian aid, enhancing its corporate social responsibility profile.
This initiative demonstrates Civitas's commitment to responsible global citizenship, potentially improving its brand image.
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DENVER--(BUSINESS WIRE)--
Civitas Resources, Inc. (“Civitas,” or “the Company”) today announced a pledge of $10 million in humanitarian aid to Ukrainians and refugees impacted by the Russian invasion of Ukraine.
Ben Dell, Civitas Chairman and Interim Chief Executive Officer, commented, “The tragic events still unfolding in Ukraine have created unimaginable suffering for millions of people, and our hearts go out to those whose lives have been upended by violence. As Civitas is committed to responsible global citizenship, we feel compelled to provide resources to those most impacted by the senseless invasion of Ukraine. We hope for an immediate end to this conflict.”
Funding will be distributed to numerous charitable organizations associated with immediate refugee assistance for displaced Ukrainians as well as other peaceful humanitarian efforts.
About Civitas Resources, Inc.
Civitas Resources, Inc. is Colorado’s first carbon neutral oil & gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids in Colorado’s Denver-Julesburg Basin. The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency. Civitas is dedicated to safety, environmental responsibility, and implementing industry leading practices to create a positive local impact. For more information about Civitas, please visit www.civiresources.com.
What is the humanitarian aid commitment by Civitas Resources, Inc.?
Civitas Resources, Inc. has pledged $10 million in humanitarian aid for Ukraine, aimed at supporting refugees and victims of the conflict.
How does Civitas Resources, Inc. support Ukraine amid the crisis?
Civitas Resources is providing funds to charitable organizations focused on immediate refugee assistance and humanitarian efforts due to the Russian invasion of Ukraine.
Who is the Chairman and Interim CEO of Civitas Resources, Inc.?
Ben Dell is the Chairman and Interim CEO of Civitas Resources, Inc.
What does Civitas Resources, Inc. focus on?
Civitas Resources, Inc. is focused on developing and producing crude oil, natural gas, and natural gas liquids in Colorado's Denver-Julesburg Basin.
