世界石油

(WO) — Crescent Energy Company宣布完成对SilverBow Resources, Inc.的收购。此次交易提前完成。

SilverBow 整合工作正在顺利进行中，通过改善资本成本从而降低利息支出，迄今为止已实现先前宣布的 6500 万美元至 1 亿美元的年度协同效应中的约 3500 万美元。

Crescent Energy 是一家领先的通过收购实现增长的公司，致力于创造可持续价值，拥有专注于高质量和长寿命资产的组合、有吸引力的、以回报为导向的财务框架和强劲的资产负债表，由一支十多年来一直执行相同战略的管理团队领导。合并后的资产组合使公司能够产生大量自由现金流，并平衡且有吸引力的商品价格上涨风险。

合并后的公司是 Eagle Ford 的第二大运营商。合并后的公司将拥有规模庞大、均衡的优质资产组合，从而打造领先的中型勘探与生产公司。此外，新公司还具备通过增值、回报驱动的并购实现进一步增长的条件

“今天对 Crescent 来说是激动人心的一天。我们已做好充分准备来创造价值，我非常感谢 Crescent 原股东和 SilverBow 新股东的信任，他们均以压倒性多数投票批准了我们的合并，并考虑股权因素并参与到这家向前发展的公司中来，”Crescent 首席执行官 David Rockecharlie 说道。

“通过严谨的投资和运营，我们实现了盈利增长，在过去四年中业务规模增长了三倍。我们通过执行现金流和回报导向战略，通过收购平台创建了一流的增长。今天，我们专注于快速整合我们的新资产和人员，并继续发挥我们确定的重大协同效应，以增强回报。我们对自己作为一家领先的中型公司执行和展示 Crescent 价值主张的能力充满信心。”

World Oil

(WO) – Crescent Energy Company announced the closing of its acquisition of SilverBow Resources, Inc. The transaction was closed ahead of schedule.

The SilverBow integration is well underway, with approximately $35 million of the previously announced $65 – $100 million in annual synergies captured to date through an improved cost of capital resulting in reduced interest expense.

Crescent Energy is a leading growth through acquisition company primed for sustainable value creation with a focused portfolio of high-quality and long-life assets, an attractive, returns-driven financial framework and strong balance sheet, led by a management team executing on the same strategy for more than a decade. The combined portfolio of assets positions the company for substantial free cash flow generation with balanced and attractive exposure to commodity price upside.

The combined company is the second largest operator in the Eagle Ford. The combination creates leading mid-cap E&P with scaled, balanced portfolio of high-quality assets. Additionally, the new company is well-positioned for further growth through accretive, returns-driven M&A

“Today is an exciting day for Crescent. We are well positioned to create value, and I am grateful for the trust from our original Crescent and new SilverBow shareholders, each of whom voted with an overwhelming majority to approve our merger and to take equity consideration and participate in the go-forward company,” said Crescent CEO David Rockecharlie.

“Through disciplined investing and operations, we have delivered profitable growth, tripling the size of our business over the last four years. We have created a premier growth through acquisition platform by executing on our cash flow and returns-oriented strategy. Today, we are focused on rapidly integrating our new assets and personnel and continuing to deliver on the significant synergies we’ve identified to strengthen returns. We are highly confident in our ability to execute and demonstrate Crescent’s value proposition as a leading mid-cap company.”