The Latest

SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’

In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”

Enlight Renewable Energy Wins Funding for Serbian Wind Project

Enlight Renewable Energy said it received a $101 million loan for its second windfarm project in Serbia, which will help the country reduce its dependency on coal-fired power generation.

OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business

One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.

SM Energy Declares Quarterly Cash Dividend

SM Energy’s dividend will be paid out on May 3 to stockholders on record as of April 19.

Matador Stock Offering to Pay for New Permian A&D—Analyst

Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.

Par Pacific Asset-based Revolving Credit Bumped Up by 55%

The amendment increases Par Pacific Holdings’ existing asset-based revolving credit facility to $1.4 billion from $900 million.

Matador Completes NatGas Connections in Delaware Basin

Matador Resources completed natural gas pipeline connections between Pronto Midstream to San Mateo Midstream and to Matador’s acreage in the Delaware Basin.

California Resources Corp. Nominates Christian Kendall to Board of Directors

California Resources Corp. has nominated Christian Kendall, former president and CEO of Denbury, to serve on its board.

Crescent Point Energy to Rebrand as Veren Inc.

The company will seek shareholder approval for the change at its upcoming annual and special meeting of shareholders on May 10.

Jerry Jones Invests Another $100MM in Comstock Resources

Dallas Cowboys owner and Comstock Resources majority shareholder Jerry Jones is investing another $100 million in the company.