SilverBow Resources Shareholders Re-Elect All SilverBow Director Nominees at 2024 Annual Meeting of Shareholders
29 Maggio 2024 - 10:05PM
Business Wire
SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the
“Company”) today announced that SilverBow shareholders have voted
to re-elect all three of the Company’s director nominees – Gabriel
L. Ellisor, Kathleen McAllister and Charles W. Wampler, based on
the preliminary vote count provided by its proxy solicitor
following the Company’s 2024 Annual Meeting of Shareholders (the
“2024 Annual Meeting”).
The Company issued the following statement:
We thank our shareholders for their input and
support. SilverBow remains focused on operating efficiently and
safely while working towards completing its recently announced
agreement to combine with Crescent Energy Company.
The final certified voting results will be reported on a Form
8-K filed by SilverBow with the U.S. Securities and Exchange
Commission.
ABOUT SILVERBOW RESOURCES, INC. SilverBow Resources, Inc.
(NYSE: SBOW) is a Houston-based energy company actively engaged in
the exploration, development and production of oil and gas in the
Eagle Ford Shale and Austin Chalk in South Texas. With over 30
years of history operating in South Texas, the Company possesses a
significant understanding of regional reservoirs that it leverages
to assemble high quality drilling inventory while continuously
enhancing its operations to maximize returns on capital
invested.
FORWARD LOOKING STATEMENTS AND CAUTIONARY STATEMENTS The
foregoing contains “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. All statements, other than
statements of historical fact, included in this communication that
address activities, events or developments that Crescent Energy
Company (“Crescent”) or SilverBow expects, believes or anticipates
will or may occur in the future are forward-looking statements.
Words such as “estimate,” “project,” “predict,” “believe,”
“expect,” “anticipate,” “potential,” “create,” “intend,” “could,”
“may,” “foresee,” “plan,” “will,” “guidance,” “look,” “outlook,”
“goal,” “future,” “assume,” “forecast,” “build,” “focus,” “work,”
“continue” or the negative of such terms or other variations
thereof and words and terms of similar substance used in connection
with any discussion of future plans, actions, or events identify
forward-looking statements. However, the absence of these words
does not mean that the statements are not forward-looking. These
forward-looking statements include, but are not limited to,
statements regarding the proposed business combination transaction
(the “Transaction”) between Crescent and SilverBow, pro forma
descriptions of the combined company and its operations,
integration and transition plans, synergies, opportunities and
anticipated future performance. There are a number of risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements included in this communication.
These include the expected timing and likelihood of completion of
the Transaction, including the timing, receipt and terms and
conditions of any required governmental and regulatory approvals of
the Transaction that could reduce anticipated benefits or cause the
parties to abandon the Transaction, the ability to successfully
integrate the businesses, the occurrence of any event, change or
other circumstances that could give rise to the termination of the
merger agreement, the possibility that stockholders of Crescent may
not approve the issuance of new shares of common stock in the
Transaction or that stockholders of SilverBow may not approve the
merger agreement, the risk that the parties may not be able to
satisfy the conditions to the Transaction in a timely manner or at
all, risks related to disruption of management time from ongoing
business operations due to the Transaction, the risk that any
announcements relating to the Transaction could have adverse
effects on the market price of Crescent’s common stock or
SilverBow’s common stock, the risk that the Transaction and its
announcement could have an adverse effect on the ability of
Crescent and SilverBow to retain customers and retain and hire key
personnel and maintain relationships with their suppliers and
customers and on their operating results and businesses generally,
the risk the pending Transaction could distract management of both
entities and they will incur substantial costs, the risk that
problems may arise in successfully integrating the businesses of
the companies, which may result in the combined company not
operating as effectively and efficiently as expected, the risk that
the combined company may be unable to achieve synergies or it may
take longer than expected to achieve those synergies and other
important factors that could cause actual results to differ
materially from those projected. All such factors are difficult to
predict and are beyond Crescent’s or SilverBow’s control, including
those detailed in Crescent’s annual reports on Form 10-K, quarterly
reports on Form 10-Q and current reports on Form 8-K that are
available on its website at https://ir.crescentenergyco.com
and on the SEC’s website at http://www.sec.gov, and those detailed
in SilverBow’s annual reports on Form 10-K, quarterly reports on
Form 10-Q and current reports on Form 8-K that are available on
SilverBow’s website at https://sbow.com and on the SEC’s
website at http://www.sec.gov. All forward-looking statements are
based on assumptions that Crescent or SilverBow believe to be
reasonable but that may not prove to be accurate. Any
forward-looking statement speaks only as of the date on which such
statement is made, and Crescent and SilverBow undertake no
obligation to correct or update any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as required by applicable law. Readers are cautioned not to
place undue reliance on these forward-looking statements that speak
only as of the date hereof.
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INVESTOR CONTACT: ir@sbow.com (281) 874-2700, (888)
991-SBOW
MEDIA CONTACT: Adam Pollack / Jed Repko Joele Frank,
Wilkinson Brimmer Katcher (212) 355-4449
Grafico Azioni SilverBow Resources (NYSE:SBOW)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni SilverBow Resources (NYSE:SBOW)
Storico
Da Gen 2024 a Gen 2025