Kimmeridge

SilverBow Resources Inc.’s board plans to “carefully review and consider” a proposal from activist investor Kimmeridge Energy Management LLC to merge its natural gas production subsidiary in a tie-up that could become the largest South Texas exploration and production company. In a letter to shareholders, Kimmeridge proposed to merge Kimmeridge Texas Gas LLC (KTG) into…

Commonwealth LNG LLC disclosed it has reached a milestone in the development of its 9.3 million metric ton/year (mmty) proposed natural gas export facility in Cameron Parish, LA with a combined equity, offtake and feed gas supply agreement. Houston-based Commonwealth said it has closed an agreement with Kimmeridge Energy Management Co. LLC for a minority…

Private equity (PE) firm Kimmeridge Energy Management Co. LLC said Wednesday it has closed its fifth upstream-focused fund after raising $800 million.

Kimmeridge Energy Management Co. LLC and Desert Royalty Co. LLC are combining their estimable oil and natural gas royalty assets in the Permian Basin to form Desert Peak Minerals, which would become one of the largest pure plays of its kind.

Private equity firm Kimmeridge Energy Management Co. LLC on Tuesday continued with its quest to sap more value from onshore explorer PDC Energy Inc. by filing preliminary proxy materials with the Securities and Exchange Commission that include its picks for the board of directors.

PDC Energy Inc. is facing an uprising from within, as private equity Kimmeridge Energy Management Co. LLC, which owns 5%, called for a board revamp and strategy do-over.

A top shareholder of Carrizo Oil & Gas Inc. is urging the Houston explorer to sell its South Texas portfolio or merge with a Permian Basin competitor to increase its value.