Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 27, 2020, Gary G. Buchta, Controller and designated principal accounting officer, informed SilverBow Resources, Inc. ("SilverBow Resources" or the "Company") of his intention to retire, after serving the Company loyally in progressive positions of responsibility for over thirty years. Mr. Buchta will continue to serve as SilverBow Resources' Controller and designated principal accounting officer, or in such other position as is mutually acceptable to Mr. Buchta and the Company, until his retirement effective on or about March 31, 2020.

Mr. Buchta's retirement is not related to any financial performance, policy or control issues or any disagreements on accounting or financial reporting matters.

Accordingly, SilverBow Resources has commenced a search for a new Controller and principal accounting officer.






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