Denver, Colorado-based Resource Energy Can-AM is taking acreage in North Dakota and Montana in a so-called stalking-horse asset purchase deal worth around $75 million.
Tulsa, Oklahoma-based Samson has struggled to find a path out of its year-old bankruptcy due to weak energy prices and drawn-out battles with junior unsecured creditors.
Late last month, however, it reached a new deal with creditors that aims to bring the company out of Chapter 11 under the ownership of its second-lien lenders.
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