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Samson Resources II, LLC

Company Summary

Description

Samson Resources emerged from bankruptcy as Samson Resources, II LLC.

Website

http://www.prnewswire.com/news-releases/samson-res...

Operational Regions

  • Powder River Basin
  • Green River Basin
  • East Texas/Louisiana

Related Entities

Recent news

  • 1/12/2021 - Samson Resources II... (subscriber access)
  • 4/30/2020 - Samson Resources II... (subscriber access)
  • 1/13/2020 - Samson Resources Ended... (subscriber access)
  • 1/13/2020 - Samson Resources... (subscriber access)
  • 1/13/2020 - Samson Resources... (subscriber access)

Investor Presentations

Company Transactions

Date: 3/4/2021
Type: Acquisition

SELLERS:
  • Samson Resources II, LLC
    • DETAILS:

    COST: 215 $MM

    VOLUMES: 8.5 MBOE/d

    NOTES:
    Samson Resources II has reached a deal to sell their Powder River Basin position to an undisclosed buyer for $215 million in cash. The assets were producing 8.5 Mboe/d (75% oil) at year-end 2020 and closing is expected by March 4, 2021.
    REGIONS:
  • Powder River Basin

    • Date: 12/31/2019
    Type: Acquisition

    SELLERS:
  • Samson Resources II, LLC
    • DETAILS:

    ACRES: 20000 Acres

    NOTES:
    Samson Resources II cited that in the fourth quarter of 2019 they sold off 20,000 net acres in Johnson County, Wyoming. The deal was done for an undisclosed amount.
    REGIONS:
  • Powder River Basin

    • Date: 5/31/2018
    Type: Acquisition

    BUYERS:
  • Samson Resources II, LLC
    • DETAILS:

    ACRES: 15000 Acres

    NOTES:
    Samson Resources II has entered into a deal to divest 7,000 non-core net acres in Converse County, Wyoming in exchange for $44.4 million in cash and the receipt of 15,000 net acres in Johnson County, Wyoming.
    REGIONS:
  • Powder River Basin

    • Date: 5/31/2018
    Type: Acquisition

    SELLERS:
  • Samson Resources II, LLC
    • DETAILS:

    COST: 44.4 $MM

    ACRES: 7000 Acres

    NOTES:
    Samson Resources II has entered into a deal to divest 7,000 non-core net acres in Converse County, Wyoming in exchange for $44.4 million in cash and the receipt of 15,000 net acres in Johnson County, Wyoming.
    REGIONS:
  • Powder River Basin

    • Date: 1/15/2018
    Type: Acquisition

    SELLERS:
  • Samson Resources II, LLC
    • DETAILS:

    COST: 34 $MM

    VOLUMES: 9 Mmcfe/d

    ACRES: 11300 Acres

    REGIONS:
  • Wamsutter Field
  • Washakie Basin

    • Date: 11/7/2017
    Type: Acquisition

    BUYERS:
  • Samson Resources II, LLC
    • DETAILS:

    VOLUMES: 300 BOE/d

    ACRES: 6700 Acres

    NOTES:
    Assets located in Converse County, Wyoming
    REGIONS:
  • Powder River Basin

    • Date: 8/1/2017
    Type: Acquisition

    BUYERS:
  • Rockcliff Energy, LLC
    • SELLERS:
  • Samson Resources II, LLC
    • DETAILS:

    COST: 525 $MM

    VOLUMES: 90 Mmcfe/d

    ACRES: 210000 Acres

    NOTES:
    The assets include 210,000 net acres and 90 Mmcfe/d in production. Samson will use proceeds to pay down all outstanding debt under its $280 million senior secured revolving credit facility and to fund capital needs in 2018.
    REGIONS:
  • East Texas/Louisiana