Crescent Energy to Buy SilverBow Resources in $2.1 Billion Deal

(Reuters) – Crescent Energy  will buy SilverBow Resources  in a $2.1 billion deal, the companies said on Thursday, amid a consolidation wave in the U.S. oil and gas industry. SilverBow and Crescent Energy both operate in the Eagle Ford shale in Texas. The announcement comes amid SilverBow’s tussle with its largest shareholder Kimmeridge Energy Management, which … Read more