Crescent Energy Agrees To Buy SilverBow Resources For $2.1B

A $2.1-billion-dollar purchase just announced would make Crescent Energy Company a leading operator in the Eagle Ford shale region of Texas.

Crescent has agreed to acquire SilverBow Resources Inc.  That would result in Crescent being the second-largest operator there with what its CEO, David Rockecharlie, calls an attractive and balanced portfolio of stable, low-decline, and highly cash-generative production.

 

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