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Samson Resources II
15 East 5th Street Suite 1000
Tulsa, OK U.S.A. 74103
Samson Resources II, LLC (“Samson” or the “Company”) is a privately held oil and gas exploration and production Company headquartered in Tulsa, Oklahoma. Samson, which was started by Charles Schusterman in 1971, has had a proud 50 year history of finding and safely developing oil and gas reserves and production in the United States and other foreign countries. Samson announced in March 2021 that it had successfully closed the previously announced sale of its Powder River Basin assets in Wyoming to Continental Resources, Inc.
Following the sale of the Company’s Powder River Basin assets to Continental Resources, Inc., the Company has successfully divested all of its upstream oil and gas assets.
The Company is now focusing on the process of winding down its affairs and moving toward final dissolution.
Latest 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 successfully divested substantially all of its upstream assets. The Company’s only...
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 all-cash transaction. The Company exited 2020 producing approximately 8,500 barrels of...
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 lender group at $75 million with a one-year extension to November 2022. The Company...