5/17/2024
Crescent Shells Out $2.1 Billion for Massive Eagle Ford Upgrade
In a transformative transaction for the U.S. shale industry, Crescent Energy Company has agreed to acquire rival Eagle Ford producer SilverBow Resources in an all-stock deal valued at $2.1 billion. The combination solidifies Crescent’s position as a leading player in the prolific Eagle Ford basin of South Texas, creating the second largest operator in the region.
0
3 min read