SilverBow Resources to acquire Chesapeake’s South Texas assets for $700m

SilverBow Resources to acquire Chesapeake’s South Texas assets for $700m

SilverBow Resources, Inc. (NYSE: SBOW) has officially inked an agreement to procure the oil and gas assets located in South Texas from Chesapeake Energy Corporation (NASDAQ:CHK). The deal is solidified at a comprehensive purchase price of $700 million. This amount includes an immediate upfront cash payment of $650 million due upon the deal’s closure and […]

Starwood Energy to acquire Third Coast’s Lavaca gas gathering system

Starwood Energy to acquire Third Coast’s Lavaca gas gathering system

Starwood Energy Group Global has signed a deal to acquire Third Coast Midstream’s Lavaca gas gathering system in Texas, located in and around Lavaca County, for an undisclosed price. The gas gathering infrastructure includes 260 plus miles of natural gas gathering pipes and related infrastructure. The Lavaca gas gathering system offers gathering and artificial gas […]