Kimmeridge proposes acquisition of SilverBow Resources to create Eagle Ford Shale powerhouse

Kimmeridge proposes acquisition of SilverBow Resources to create Eagle Ford Shale powerhouse

Kimmeridge, an energy-focused alternative asset manager, has put forward a fresh offer to acquire SilverBow Resources, a US-based upstream company, for $34 per share. This move aims to combine SilverBow Resources with Kimmeridge’s own Kimmeridge Texas Gas (KTG), valuing the proposed combined entity at an impressive enterprise value of $1.4 billion. The offer by Kimmeridge […]

Devon Energy wraps up $1.8bn acquisition of Validus Energy

Devon Energy wraps up $1.8bn acquisition of Validus Energy

Devon Energy Corp. has wrapped up its previously announced $1.8 billion acquisition of Eagle Ford operator Validus Energy from Pontem Energy Capital and others. The all-cash deal was announced in August 2022. (Read more about Devon Energy acquisition of Validus Energy here) Through the deal, Devon Energy, which has a multi-basin portfolio, added an acreage […]