Samson Investment Co. of Tulsa, OK, completed its acquisitionfrom Nuevo Energy Co. of gas properties in East Texas. The totalpurchase price was $192 million. In addition to existingproduction, the properties contain more than 135 drillinglocations. The closing follows Samson Resources’ December closings,which included the acquisition of properties in six states fromDuer Wagner & Co. for $41 million and the acquisition ofcertain properties in the Homeglen-Rimbey and Westerose areas ofAlberta, Canada from Chevron Canada Resources for $9 million bySamson Canada Ltd.

In addition to the negotiated purchases, Samson also acquiredjust under $20 million in oil and gas properties at variousauctions in December. This includes the Carthage Field propertiesin Panola County, TX, acquired for $15.5 million from PennzoilExploration & Production Co. In the last twelve months, Samsonhas consummated acquisitions totaling about $300 million.

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