Silverback Exploration LLC
Transactions
Centennial Resource Stitches On Another 35,000 Delaware Acres
Centennial Resource Stitches On Another 35,000 Delaware Acres
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New Financings
Formed with an equity commitment from EnCap Investments LP. Proceeds will be used to pursue and develop…
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News
US Energy M&A Shifts Gassier into Appalachia, Midcon as Oil Slips
U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven deals led the way, including EQT’s $1.8 billion Olympus Energy acquisition.
Riley Permian Buys Northwest Shelf E&P Silverback II for $142MM
Riley Exploration Permian Inc. is adding Northwest Shelf assets from EnCap-backed Silverback Exploration II. Riley is also cutting capex and focusing on preserving inventory amid weak oil prices.