SilverBow Resources Inc.
Transactions
Crescent Energy Closes $2.1B SilverBow Deal
Crescent Energy Closes $2.1B SilverBow Deal
SilverBow to Acquire $87 Million Bolt-on in Eagle Ford’s Karnes Trough
SilverBow to Acquire $87 Million Bolt-on in Eagle Ford’s Karnes Trough
SilverBow Resources Adds New Webb County Position for $50 Million
SilverBow Resources Adds New Webb County Position for $50 Million
SilverBow Resources Acquires Eagle Ford Operator Sundance Energy for up to $369 Million
SilverBow Resources Acquires Eagle Ford Operator Sundance Energy for up to $369 Million
SilverBow Resources Acquires Eagle Ford Operator SandPoint for $71 Million
SilverBow Resources Acquires Eagle Ford Operator SandPoint for $71 Million
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New Financings
Entered into an amendment to its senior secured revolving credit facility under which the $300 million…
Entered into an equity distribution agreement among the company and Johnson Rice & Co. LLC and…
SilverBow Resources Inc. said that the borrowing base under its revolving credit facility was increased $…
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News
Kimmeridge to Grow to 1 Bcf/d Via Bits and Bids, Including Haynesville
Kimmeridge Texas Gas expects to be producing nearly as much gas as its 1.3 Bcf/d Commonwealth LNG plant will export when it comes online in 2029, said CEO Dave Lawler.
E&Ps Pivot from the Pricey Permian
SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
Berry Announces Jeff Magids as New CFO
Jeff Magids was appointed as Berry Corp.’s new CFO on Jan. 21 in replacement of Mike Helm, effective immediately.
Shale Outlook: E&Ps Making More U-Turn Laterals, Problem-Free
Of the more than 70 horseshoe wells drilled to date, half came in the first nine months of 2024 as operators found 2-mile, single-section laterals more economic than a pair of 1-mile straight holes.
Shale Outlook Eagle Ford: Sustaining the Long Plateau in South Texas
The Eagle Ford lacks the growth profile of the Permian Basin, but thoughtful M&A and refrac projects are extending operator inventories.
Crescent Energy Bolts On $905MM Central Eagle Ford Acreage
Crescent Energy will purchase Eagle Ford assets from Carnelian Energy Capital Management-backed Ridgemar Energy for $905 million, plus WTI-based contingency payments of up to $170 million.
Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says
Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.
‘Worried’ E&Ps Keep Merging as Shale Ages, Costs Rise—Kimmeridge
With just half as many public E&Ps around today as there were in 2017, Kimmeridge and Managing Partner Ben Dell think the E&P space still has—and needs—plenty more M&A.
Growth Through M&A: The Making of an Eagle Ford and Uinta Giant
Crescent Energy CEO discusses the expanding gravitational pull of Crescent after acquiring SilverBow and others.
Exclusive: Kimmeridge’s Dell on Advancing Commonwealth LNG Amid DOE Pause
Kimmeridge’s Co-founder and Managing Partner Ben Dell details how Commonwealth LNG came to be and the future of the project as the company is optimistic on an FID in the first half of 2025, in this Hart Energy Exclusive interview.
With ‘Pipeline of M&A,’ Crescent Ready for Another Deal
Fresh off closing its $2.1 billion SilverBow Resources acquisition, Crescent CEO David Rockecharlie told investors, “we are just getting started.”
Devon Capitalizing on Bakken, Eagle Ford Refracs
Devon Energy’s Delaware Basin production dominated the quarter for the multi-basin E&P, but the company is tapping into recompletion opportunities to supplement production, executives said.
2Q Upstream M&A Tops $30B as Deals Hit Utah, Eagle Ford, Bakken
A historic run of U.S. upstream M&A transactions continued unabated during the second quarter, according to Enverus data.