SilverBow Resources acquires Chesapeake Energy’s assets in South Texas for $700m
SilverBow Resources, Inc. (NYSE: SBOW) announced the closing of a major acquisition, purchasing Chesapeake Energy Corporation’s (NASDAQ:CHK) oil and gas assets in South Texas. The deal, valued at $700 million, includes a $650 million upfront cash payment and an additional $50 million deferred cash payment, subject to customary adjustments. This strategic move, known as the […]