Samson Trades In Noncore Powder River For Cash, Bolt>On

摘要

SAMSON RESOURCES II LLC said May 9 it agreed to divest a portion of its Powder River Basin position in exchange for cash and bolt-on acreage. As part of the agreement, Samson will sell about 7,000 net acres, interest in 17 wells and overriding interests in Converse County, Wyo., that the privately held E&P considers noncore to its portfolio.