Samson Resources II, LLC Announces the Closing of the Sale o

Samson Resources II, LLC Announces the Closing of the Sale of Its Powder River Basin Assets


Samson Resources II, LLC Announces the Closing of the Sale of Its Powder River Basin Assets
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TULSA, Okla., March 4, 2021 /PRNewswire/ -- 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 successfully divested substantially all of its upstream assets. The Company's only remaining upstream oil and gas assets consist of approximately 24,000 net leasehold acres, 23,000 net mineral acres and 40 non-operated wells, all located in East Texas, Oklahoma and Louisiana, which the Company is currently marketing for sale and anticipates divesting in Q2 2021. 

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