News
Samson Resources II, LLC Announces the Closing of the Sale of Its Powder River Basin Assets
Tulsa, Okla., March 4, 2021 – Samson Resources II, LLC (“Samson” or the “Company”) announced today that it has successfully closed the previously announced sale of its Powder River Basin assets to Continental Resources, Inc. Following this closing, the Company has...
Samson Resources II, LLC Agrees to Sell Its Powder River Basin Assets for $215 Million
Tulsa, Okla., January 4, 2021 – Samson Resources II, LLC (“Samson” or the “Company”) announced today that it has entered into a definitive agreement under which Samson will sell all of its Powder River Basin assets to an undisclosed buyer for $215 million in an...
Samson Resources II, LLC Announces Redetermination and Extension of Reserve Based Lending Borrowing Base at $75 Million and Continuation of Drilling Plan in the Powder River Basin
TULSA, Okla., Oct. 22, 2020 — Samson Resources II, LLC (“Samson” or the “Company”) announced today that, pursuant to its regularly scheduled redetermination process, the Borrowing Base under its senior secured revolving credit facility has been redetermined by its...
Samson Resources II, LLC Announces Affirmation of Reserve Based Lending Borrowing Base at $80 Million
Tulsa, Okla., Wednesday, April 29, 2020 – Samson Resources II, LLC (“Samson” or the “Company”) announced today that the Borrowing Base under its senior secured revolving credit facility has been redetermined by its lender group from $100 million to $80 million,...
Samson Resources II, LLC Announces Strong Initial Production Results from Two Shannon Formation Wells in the Powder River Basin, Converse County, Wyoming
TULSA, Okla., Jan. 13, 2020 — Samson Resources II, LLC (“Samson” or the “Company”) announced today that it recently turned to sales two additional operated Shannon formation wells in Converse County, Wyoming. The Ogalalla Fed 21-2215 40-75SH generated an IP 24 rate of...
Samson Resources II, LLC Announces $100 Million Reserve Based Lending Facility
Tulsa, Oklahoma, October 22, 2019 – Samson Resources II, LLC (“Samson” or the “Company”) announced today that the Company’s Reserve Based Lending facility has been adjusted for the divestiture of the Green River Basin assets and was redetermined during the 2019 fall...