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Rimrock Resource Operating

Company Summary

Description

Rimrock Resource Operating, LLC is a Tulsa based exploration and production company focused on exploration, acquisiion and development primarily in the Mid-Continent region. Rimrock has significant experience in exploration, drilling/completion and commercial execution in the upstream sector. Rimrock will use the proceeds from Post Oak's investment to aquire leasehold and producing assets for exploration and exploitation development.

Website

http://www.postoakenergy.com/?id=1#!current-invest...

Operational Regions

  • Midcontinent
  • Oklahoma STACK Play
  • SCOOP

Related Entities

Recent news

  • 7/28/2016 - Rimrock Resources... (subscriber access)

Company Transactions

Date: 7/28/2016
Type: Acquisition

BUYERS:
  • Rimrock Resource Operating
  • Post Oak Energy Capital
    • DETAILS:

    COST: 150 $MM

    VOLUMES: 2.1 MBOE/d

    ACRES: 24500 Acres

    NOTES:
    Acquisition of acreage in the SCOOP Basin, securing financial backing from Post Oak Energy Capital and Ceja upon closing.
    REGIONS:
  • SCOOP