Crescent Energy acquisition of SilverBow Resources : In a significant move that reshapes the landscape of the energy sector, Crescent Energy Company (NYSE: CRGY) and SilverBow Resources, Inc. (NYSE: SBOW) have announced a definitive merger agreement valued at $2.1 billion. This strategic amalgamation marks a major shift, creating a formidable entity in the Eagle Ford […]
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 […]
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 […]
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 […]
SilverBow Resources, a Houston-based upstream company, has wrapped up the previously announced $71 million acquisition of certain assets of SandPoint Operating, a subsidiary of SandPoint Resources. The consideration for the acquisition is made up of nearly $31 million in cash and 1.3 million shares of SilverBow Resources. The cash part of the acquisition was funded […]
SilverBow Resources has wrapped up its previously announced all-stock deal worth $33 million to acquire oil and gas assets in the Eagle Ford, US from an undisclosed seller. As per the terms of the agreement signed in August 2021, SilverBow Resources issued nearly 1.5 million of its shares to the seller. Through the deal, SilverBow […]