World Oil (Bloomberg) – Energy-focused private equity firm Kimmeridge is taking a majority ownership stake in the proposed Commonwealth LNG project and naming a former bp Plc executive to lead the venture, marking a major bet on the future of natural gas. Kimmeridge is buying out Commonwealth LNG founder Paul Varello’s share in the company as he retires and boosting
Oil and Gas 360 NEWS PROVIDED BY Kimmeridge Apr 29, 2024, 06:00 ET Details SilverBow’s track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives to capitalize on its limited window of opportunity to create significant long-term shareholder value Urges shareholders to vote “FOR” all
Oil and Gas 360 04/22/2024 SilverBow Resources Provides Company Perspective on Kimmeridge’s Significant Overvaluation of KTG and Massively Dilutive Proposal Believes Kimmeridge Efforts to Gain Control Through Proxy Fight Is Another Path to Forcing a Value Destructive Combination With KTG to “Bail Out” Kimmeridge Sends Letter Urging Shareholders Vote “FOR” ALL of SilverBow’s Highly Qualified Directors on the WHITE Proxy
Oil and Gas 360 NEWS PROVIDED BY Kimmeridge Apr 11, 2024, 07:30 ET Remains hopeful that SilverBow’s Board will reverse course and start engaging in a constructive dialogue Requests Board’s view of relative value by April 15 – Board previously stated it was ‘open to exploring transactions at appropriate valuations’ so it should have information on hand NEW YORK and DENVER, April 11, 2024 /PRNewswire/ — Kimmeridge, an
Investing Kimmeridge Energy Management Co LLC on Monday confirmed it has amassed a stake in California Resources (NYSE:CRC) Corp and is engaging with the oil and gas producer to make changes that include selling some acreage to real estate developers. Sources familiar with the matter had earlier told Reuters the energy-focused activist investment firm owns more than 3 million shares
Yahoo Finance NEW YORK and DENVER, Nov. 1, 2021 /PRNewswire/ –Kimmeridge Energy Management Company, LLC (“Kimmeridge” or the “Firm”), a private investment firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, today announced that Megan Hays has joined the firm as a managing director on its public investment team. With the launch of its dedicated public strategy in 2020, Kimmeridge has been
By Tyler Losier, Energy Reporter, Oil & Gas 360 Newly-formed Desert Peak Minerals to be largest pure-play mineral royalty company in Delaware Basin Kimmeridge Energy Management Company, a private equity firm focused on acquiring unconventional oil and gas assets, has entered into a definitive agreement with Desert Royalty Company to combine the two companies’ assets to form Desert Peak Minerals.
By Tyler Losier, Energy Reporter, Oil & Gas 360 Kimmeridge’s candidates defeated, ending months-long battle PDC Energy, Inc., following its 2019 annual meeting of stockholders, announced today that CEO Barton Brookman, and directors Mark Ellis and Larry Mazza, all incumbent board members, have been re-elected based on a preliminary count of the vote. All three challengers, members of the
From The Wall Street Journal A shareholder activist will challenge PDC Energy Inc. in an effort to change the way the oil producer pays its executives, part of a broader push by investors to force U.S. energy producers to focus more on profitability than growth. Kimmeridge Energy Management Co., which last month disclosed a 5.1% stake in PDC, said it is putting forth
PDC Energy Issues Statement
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