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Silverbow Resources
39 articles mentioning Silverbow Resources · Page 1 of 2
Silverbow Resources Third Quarter 2022 Results
SilverBow Resources, Inc. announced operating and financial results for the third quarter of 2022. Highlights include: Reported net production of 299 million cubic feet of natural gas equivalent per day ("MMcfe/d") (70% natural gas) for the...
Silverbow Resources Board Adopts 'Poison Pill' Strategy
SilverBow Resources Inc.'s board has unanimously adopted a limited-duration stockholder rights plan (a so-called poison pill strategy) following "significant accumulations" of the company's outstanding common stock. Activist investor Kimmeridge Energy reported owning 14.7% of Silverbow's stock...
Silverbow Resources Touts New "Dorado Play" in Webb County, TX
SilverBow Resources Inc. announced the addition of a new acreage block in the Dorado play of Webb County, Texas. Through a series of transactions, including bolt-on acquisitions, leasing and drill-to-earn agreements, Silverbow has assembled 7,500 net...
Silverbow Resources Second Quarter 2022 Results
SilverBow Resources, Inc. announced operating and financial results for the second quarter of 2022. Highlights include: Reported net production of 238 million cubic feet of natural gas equivalent per day ("MMcfe/d") (78% natural gas) for the...
Silverbow's Borrowing Base Increased 48% to $775 Million
SilverBow Resources Inc. has received bank approval to amend its senior secured revolving credit facility to extend the maturity of the Credit Facility to October 2026, increase the borrowing base from $525 million to $775 million...
Silverbow Finalizes Deal for SandPoint's Eagle Ford Assets
SilverBow Resources Inc. has closed its previously announced acquisition of certain assets from SandPoint Operating LLC, a subsidiary of SandPoint Resources LLC. Purchase consideration due to the seller, subject to customary closing adjustments, was comprised of...
Silverbow Resources First Quarter 2022 Results
SilverBow Resources, Inc. announced operating and financial results for the first quarter of 2022. Highlights: Reported net production of 226 million cubic feet of natural gas equivalent per day ("MMcfe/d") (77% natural gas) for the first...
Silverbow Resources' Borrowing Base Upped by 14% to $525MM
SilverBow Resources, Inc. has entered into an amendment to its senior secured revolving credit facility under which the borrowing base has been increased from $460 million to $525 million in connection with its regularly scheduled semi-annual...
Eagle Ford E&P Boosts D&C Activity 83% vs. 2021; 33 Spuds, 30 Completions
Silverbow Resources reported its 2022 capital plan and guidance. 2022 Plan - Capex: $180-200 million - up 45% vs. 2021 D&C: $166-184 million Other: $14-16 million - Rigs Running: 1 rig - Well Plans: Drill 33...
Silverbow Resources Fourth Quarter, Full Year 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the fourth quarter and full year 2021. Highlights include: Reported net production of 250 million cubic feet of natural gas equivalent per day (“MMcfe/d”) (74% natural gas)...
Silverbow Resources Seals $75MM Deal for Eagle Ford Assets
SilverBow Resources, Inc. has closed its previously announced acquisition of oil and gas assets in the Eagle Ford from undisclosed sellers. The aggregate purchase price for these assets was $75 million, consisting of $45 million in...
Silverbow Resources' Borrowing Base Jumps Over 50% to $460MM
SilverBow Resources Inc. reported that its borrowing base has been increased from $300 million to $460 million in connection with its regularly scheduled semi-annual redetermination and in conjunction with closing its previously announced acquisition on October...
Silverbow Resources Third Quarter 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the third quarter of 2021. Highlights include: Net production of 212 million cubic feet of natural gas equivalent per day ("MMcfe/d"). Net oil production of 4,000 barrels...
Silverbow Resources Wraps Up $33MM Eagle Ford Bolt-On Deal
SilverBow Resources Inc. has closed its previously announced all stock transaction to acquire oil and gas assets in the Eagle Ford from an undisclosed seller for $33 million. Sean Woolverton, SilverBow's Chief Executive Officer, commented, "We...
Silverbow Resources Second Quarter 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the second quarter of 2021. Highlights include: Net production of 213 million cubic feet of natural gas equivalent per day ("MMcfe/d"), at high end of guidance Full...
Silverbow Resources First Quarter 2021 Results
SilverBow Resources, Inc. announced operating and financial results for the first quarter of 2021. Highlights include: Net production averaged approximately 180 million cubic feet of natural gas equivalent per day ("MMcfe/d"), above the high end of...
Silverbow Touts First Webb County Austin Chalk IP; 12.9 Mmcfe/d
SilverBow Resources Inc. provided an operational and financial update including the successful extension of its senior secured revolving credit facility. Operational Update SilverBow's first Webb County Austin Chalk well, which came online in February, continues to...
Silverbow Ups Spending for 2021, Completions Plans Up by 27%; Q4 Results
SilverBow Resources, Inc. announced its 2021 plan as well as operating and financial results for the fourth quarter and full year 2020. 2021 Plan - Capex: $100-110 million - up 11% at the midpoint vs. 2020...
Silverbow Resources Third Quarter 2020 Results
SilverBow Resources, Inc. announced operating and financial results for the third quarter of 2020. 2021 Outlook While still finalizing the 2021 budget, SilverBow is planning for single digit production growth, capital expenditures consistent with 2020 levels,...
Silverbow Resources Second Quarter 2020 Results
SilverBow Resources, Inc. reported its Q2 2020 results. Highlights include: Net production averaged approximately 142 MMcfe/d, above the high end of guidance Returned approximately 50 MMcfe/d of previously curtailed net production to sales in June; approximately...