SilverBow Gears Up for Proxy Fight with Kimmeridge

Both SilverBow Resources and Kimmeridge Energy Management have proposed a slate of candidates for the board of directors with a vote set for May 21.

CIP Acquires Majority Stake in Elgin, Plans $315MM Investment

Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest  $316 million in the company.

GE Vernova Completes Spin-Off from GE

GE Vernova, an energy transition company, began trading as an independent company on the New York Stock Exchange this week.

Chevron Adds to Carbon Capture Tech Portfolio with ION Investment

Chevron New Energies led a funding round that raised $45 million in Series A financing for ION Clean Energy, according to a news release.

Riley Permian to Acquire New Mexico Acreage, Launches Stock Offering

E&P Riley Exploration Permian will offer 2.1 million shares to help pay for the purchase of 12,500 net acres in Eddy County, New Mexico.

Analysts, SLB Execs See Stability in $7.7B ChampionX Deal

The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB's business toward resource recovery that is less tied to price volatility.

Mitsubishi Makes Investment in MidOcean Energy LNG

MidOcean said Mitsubishi’s investment will help push a competitive long-term LNG growth platform for the company.

Matador Stock Offering to Pay for New Permian A&D—Analyst

Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.

Jerry Jones Invests Another $100MM in Comstock Resources

Dallas Cowboys owner and Comstock Resources majority shareholder Jerry Jones is investing another $100 million in the company.

Moda Midstream II Receives Financial Commitment for Next Round of Development

Kingwood, Texas-based Moda Midstream II announced on March 20 that it received an equity commitment from EnCap Flatrock Midstream.