Climate Crisis
Free Wind Energy = Free Lunch?
Daily Standup Top Stories Who is paying for the Free Energy Wind?- or as Penguin Empire Reports – “Who’s paying for lunch?” May 18, 2024 Stu Turley ENB Pub Note: This is a guest post from […]
SilverBow
Exploration and Production
Crescent Energy to Buy SilverBow as U.S. Shale Mergers Continue
Crescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil and gas mergers continue in the second […]
Crude Oil News
Kimmeridge Releases Presentation on SilverBow’s Unabashed Worst-in-Class Governance
SilverBow needs experienced, independent directors who are capable and open to assessing all value enhancing alternatives to create significant long-term shareholder value Urges shareholders to vote “FOR” all three of Kimmeridge’s highly qualified, independent nominees […]
Earnings
SilverBow Resources Announces First Quarter 2024 Financial and Operating Results
Results top consensus expectations driven by higher production and lower capital expenditures generating record quarterly EBITDA and strong quarterly free cash flow Total debt reduced by $178 million since closing its South Texas acquisition in […]
Crude Oil News
Kimmerdige vs. SBOW Round 4!!!!
Daily Standup Top Stories Tesla Partners with Baidu for Full Self-Driving Rollout in China April 29, 2024 Mariel Alumit Tesla’s FSD system has been approved for use in China, the world’s largest car market. Tesla has […]
Finance
Kimmeridge Releases Presentation Outlining the Urgent Need for Board Change at SilverBow
Details SilverBow’s track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives to capitalize on its limited window of opportunity […]
Crude Oil News
SilverBow Resources Sends Letter to Shareholders Highlighting Path Forward for Value Creation
SilverBow Resources Provides Company Perspective on Kimmeridge’s Significant Overvaluation of KTG and Massively Dilutive Proposal Believes Kimmeridge Efforts to Gain Control Through Proxy Fight Is Another Path to Forcing a Value Destructive Combination With KTG […]
Finance
KIMMERIDGE WITHDRAWS PROPOSAL TO COMBINE SILVERBOW WITH KIMMERIDGE TEXAS GAS
SilverBow has refused to enter into good faith negotiations or undertake substantive due diligence to assess the best path forward for unlocking value on behalf of all shareholders – necessitating the need for fresh perspectives […]
Finance
KIMMERIDGE PROVIDES ADDITIONAL INFORMATION ON KTG’S HIGH QUALITY ASSET BASE
Remains hopeful that SilverBow’s Board will reverse course and start engaging in a constructive dialogue Requests Board’s view of relative value by April 15 – Board previously stated it was ‘open to exploring transactions at appropriate valuations’ so […]
Finance
SilverBow Resources Announces Filing of Definitive Proxy Statement and Mails Letter to Shareholders
Urges Shareholders to Vote “FOR” All of SilverBow’s Highly Qualified Directors on the WHITE Proxy Card HOUSTON, Apr. 09 /BusinessWire/ — SilverBow Resources, Inc. (NYSE:SBOW) (“SilverBow” or the “Company”) today announced that it has filed […]