SilverBow Resources Announces the Appointment of Steven W. Adam as Chief Operating Officer
November 06 2017 - 7:00AM
Business Wire
SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the
Company”) today announced the appointment of Steven W. Adam as
Executive Vice President and Chief Operating Officer, effective
November 6, 2017 and is succeeding Robert J. Banks who is
separating from the Company to pursue other endeavors.
Sean Woolverton, SilverBow’s Chief Executive Officer commented,
“We are pleased to welcome Steve to the SilverBow leadership team.
His experience as a veteran operator across many basins and most
recently in the Eagle Ford make him an ideal fit. We are confident
his extensive operational expertise and demonstrated low cost
leadership skills will complement our long-term growth objectives
and look forward to having him play an integral role in delivering
low cost operations for the Company.”
Adam commented, “I’m excited to join Sean and all the employees
of SilverBow. The Company has a proven track record of operational
excellence and a dedicated workforce that has made significant
strides in streamlining its business and reducing costs. I look
forward to working with the team to continue delivering top tier
well results while taking another step change reduction in our well
costs through a disciplined operational approach.”
Woolverton commented further, “We would also like to sincerely
thank Bob for his leadership and commitment to the Company during
the past fourteen years. His focus and leadership allowed the
Company to move forward on several initiatives during this period
of significant change. Bob leaves SilverBow a stronger and better
positioned company. We wish him the very best in his next
endeavors.”
About SilverBow Resources
SilverBow Resources (NYSE: SBOW) is a Houston-based energy
company actively engaged in the exploration, development, and
production of oil and gas from the Eagle Ford Shale in South Texas.
With almost 30 years of history operating in South Texas, the
Company possesses a significant understanding of regional
reservoirs which we leverage to assemble high quality drilling
inventory while continuously enhancing our operations to maximize
returns on capital invested. For more information please visit
www.sbow.com.
About Steve Adam
Steve Adam was previously the Senior Vice President of
Operations of Sanchez Oil and Gas where he held a series of
positions of increasing responsibility from April 2013 to July
2017. Mr. Adam has over 40 years of upstream exploration and
production and petroleum services experience with both major and
independent companies. His unconventional resource management
experiences have been with Occidental Petroleum and most recently
with Sanchez Oil & Gas. Mr. Adam received his Bachelor of
Science degree in Chemical Engineering from Montana State
University, Master of Business Administration from Pepperdine
University and Advanced Management Certificate from the University
of California – Berkeley.
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version on businesswire.com: http://www.businesswire.com/news/home/20171106005461/en/
SilverBow Resources, Inc.Doug Atkinson, CFA, 281-874-2700,
800-777-2412Senior Manager – Finance & Investor Relations
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