Samson Resources Co., of Tulsa has acquired a significant blockof producing oil and gas properties in Texas, Louisiana,Mississippi, Alabama, Oklahoma, and New Mexico. from Duer Wagner& Co. of Fort Worth. The purchase price was in excess of $40million. The properties are located in the same geographical areasas certain of Samson’s existing properties and include multipleopportunities for additional drilling and recompletions.

In addition to the Duer Wagner acquisition, Samson recentlysigned a purchase and sale agreement for $190.6 million to purchaseEast Texas natural gas properties from Nuevo Energy Company. SamsonResources, an affiliate of Samson Investment Co., expects to useits strong financial resources to continue working aggressivelywith sellers to make additional oil and gas acquisitions, bothwithin and outside its current areas of operation, as well as inother countries.

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