Vitesse Energy Inc. has acquired non-operated oil and gas assets in the Denver-Julesburg (DJ) Basin in Colorado from an undisclosed seller for an initial unadjusted purchase price of $26 million.

The acquired assets (average working interest: 4.1%), which lie primarily in Weld County, Colorado, are entirely operated by Chevron, and add “a high-quality, predominantly proved developed producing asset base,” said Jamie Benard, Vitesse’s chief executive officer and president, in a release Sept. 16.

Vitesse said the deal adds to the company's existing DJ basin position under a top-tier operator and adds 819 gross wells to its database, strengthening underwriting of future opportunities in the basin.

Over the next 12 months following the effective date (June 1, 2026), the acquired assets are expected to produce about 900 boe/d on a two-stream basis (28% oil), the company said.

In connection with the acquisition, the company has entered into commodity derivative contracts covering a significant portion of the acquired production through 2030 to support the underwritten returns.

Prior to the deal closing Sept. 15, 2026, the company noted in an August 2026 investor presentation that it holds fractional, non-operated working interests in productive wells and new drills across the Williston, Powder River, and DJ basins with an average 3.6% average working interest.