Samson Resources II LLC is offering for sale its assets in East Texas and North Louisiana through a process to be conducted by Jefferies and Houlihan Lokey. Samson owns 210,000 net acres (which excludes its fee minerals and other small nonoperated working interests) with an 86% working interest in the leasehold, most of which it operates. Samson will accept offers on the assets marketed as a whole and as four separate sub-packages; specifically: North Louisiana, Shelby Trough, East Texas Haynesville and Gregg-Rusk-Nacogdoches. The data room is to open in late May. For information contact Geoff Angulo at Jefferies, (281) 774-2130, or email@example.com. Tulsa-based Samson emerged from Chapter 11 bankruptcy on March 1 after discharging $4 billion in debt. The company also owns acreage in the Powder River and Greater Green River basins of Wyoming, which it said it intends to hold and develop.
Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.