Tuesday, February 11, 2025
Exxon may emerge as the biggest winner in Guyana’s oil boom- oil and gas 360

Exxon may emerge as the biggest winner in Guyana’s oil boom

Oil Price The impoverished tiny South American country of Guyana has emerged as one of the continent’s top oil producers and is poised to become a leading global energy exporter. Since 2015 an Exxon Mobil-led consortium has made a swathe of high-quality oil discoveries in offshore Guyana in the 6.6-million-acre Stabroek Block, with the latest announced in July 2022.     It

SilverBow Resources announces bolt-on acquisition expanding premier liquids weighted position in DeWitt and Gonzales counties - oil and gas 360

SilverBow Resources announces bolt-on acquisition expanding premier liquids weighted position in DeWitt and Gonzales counties

Oil and Gas 360 Houston, TX – October 3, 2022 – SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it has entered into a definitive agreement to acquire oil and gas assets in DeWitt and Gonzales counties (the “Acquisition” or “Transaction”) from an undisclosed seller for a cash purchase price of $87 million, subject to customary closing