SilverBow Resources Publishes Inaugural SASB/GRI-Aligned ESG Metrics
December 15 2022 - 9:05AM
Business Wire
SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the
Company”) announced today the publication of certain environmental,
social and governance (“ESG”) metrics related to the Company’s 2021
ESG performance. The disclosures align with the Sustainability
Accounting Standards Board (“SASB”) recommendations for the Oil and
Gas – Exploration and Production industry and select Global
Reporting Initiative (“GRI”) governance standards. Please visit the
Company’s website at
https://www.sbow.com/responsibility/overview/default.aspx to find
SilverBow’s 2021 SASB and GRI disclosures, including a letter from
the Chief Executive Officer.
Sean Woolverton, SilverBow’s Chief Executive Officer, commented,
“Responsible stewardship of our environment, our employees and our
communities is ingrained in SilverBow’s culture. We have
consistently prioritized employee safety and environmentally
friendly operations, and the publication of today’s ESG disclosures
ensures that our actions are provided to external parties in a
clear and standardized manner. Looking ahead, we will expand upon
today’s ESG disclosures with the publication of our inaugural
Sustainability Report in 2023.”
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 which it leverages to assemble high quality
drilling inventory while continuously enhancing its operations to
maximize returns on capital invested. For more information, please
visit www.sbow.com. Information on the Company’s website is not
part of this release.
FORWARD-LOOKING STATEMENTS
This release and the Company’s 2021 SASB and GRI disclosures
cross-referenced herein contain “forward-looking statements” within
the meaning of Private Securities Litigation Reform Act of 1995.
These forward-looking statements represent management's
expectations or beliefs concerning future events, and it is
possible that the results described in this release and the
cross-referenced report will not be achieved. These forward-looking
statements are based on current expectations and assumptions and
are subject to a number of risks and uncertainties, many of which
are beyond our control. The forward-looking statements, other than
statements of historical fact, included in this release and the
disclosures cross-referenced herein concern the Company’s goals and
expectations regarding corporate responsibility, sustainability,
employees, environmental matters, policy, philanthropy, and
business risks and opportunities. These goals and expectations are
subject to the risks and uncertainties described in detail in the
Company’s periodic reports filed with the U.S. Securities and
Exchange Commission, including in its Annual Report on Form 10-K
for the year ended December 31, 2021, and subsequent quarterly
reports on Form 10-Q and current reports on Form 8-K. All
forward-looking statements speak only as of the date of this
release. You should not place undue reliance on these
forward-looking statements.
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Jeff Magids Director of Finance & Investor Relations (281)
874-2700, (888) 991-SBOW
SilverBow Resources (NYSE:SBOW)
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