Kimmeridge Energy Management co-founder Ben Dell for years has prodded large oil and gas companies to speed up consolidation in the sector. Now a Kimmeridge-backed producer, Civitas Resources, is becoming a consolidator in its own right. Denver-based Civitas agreed to acquire assets from Hibernia Energy III and Tap Rock Resources, companies...
Customers of Silicon Valley Bank’s Cayman Islands branch who counted on using their deposits to repay credit lines are in a bind after the FDIC seized the funds.