SilverBow Resources

SilverBow Resources' Business Strategy

SilverBow Resources is a leading independent oil and natural gas exploration and production company headquartered in Houston, Texas. The company's primary business strategy focuses on building value per share by acquiring and developing assets in the Eagle Ford Shale and Austin Chalk in South Texas. SilverBow Resources leverages its subsurface expertise and historical relationships to lease high-graded acreage blocks and engages in opportunistic acquisitions that expand its drilling inventory at accretive purchase prices. The company maintains sufficient liquidity to fund its resource development plans and hedges production to protect cash flows. Rigorous economic analysis of capital allocation and access to capital markets further support its strategy of sustainable, efficient growth in reserves and production.

SilverBow Resources' Operations in Eagle Ford Shale

SilverBow Resources has a substantial presence in the Eagle Ford Shale with approximately 220,000 net acres. The company has a proven track record of increasing production in the region while consistently lowering drilling and completion costs and improving well economics and safety metrics. With around 1,000 gross horizontal drilling locations and an average working interest of approximately 80%, SilverBow is well-positioned to capitalize on the region's resources. Approximately 55% of its reserves are estimated to be proved undeveloped, highlighting significant future development potential. The company accelerates the development of these high-quality positions through collaborative partnerships and a methodical approach to resource management.

SilverBow Resources' Commitment to Health, Safety, and Environment

SilverBow Resources is committed to maintaining a safe workplace and practicing environmental stewardship. Integrating health, safety, and environmental (HSE) management processes into all work activities is a core part of the company's operational philosophy. SilverBow promotes a culture where all employees share a commitment to HSE objectives, ensuring operational excellence and regulatory compliance. The company has initiatives in place to continually improve safety metrics and minimize environmental impact, reflecting its dedication to sustainable resource development.

SilverBow Resources' Community Engagement

Through its philanthropic arm, SBOW Cares, SilverBow Resources actively supports local communities. SBOW Cares focuses on education, feeding the community, and supporting the military. The company provides financial assistance and resources to those most at risk and in need and engages in various community support activities, including disaster relief and food drives. SilverBow encourages employee volunteerism and charitable donations, fostering a strong sense of community and social responsibility among its workforce.

SilverBow Resources' Employee Benefits and Culture

SilverBow Resources offers a comprehensive benefits and compensation program designed to attract and retain top talent. The company provides flexible and hybrid work-from-home schedules for corporate office employees, promoting a healthy work-life balance. The SilverBow Employee Association (SEA) hosts various team-building and social events, encouraging a spirit of goodwill and camaraderie among employees. Through SEA, employees participate in social, athletic, and educational experiences, enhancing their overall work experience and fostering a positive organizational culture.