Samson Resources II’s $215 MillionSale of Powder River Basin Assets


Willkie Farr & Gallagher LLP advised Samson Resources II on the deal.

Samson Resources II, LLC has entered into a definitive agreement under which Samson will sell all of its Powder River Basin assets to an undisclosed buyer for $215 million in an all-cash transaction. The company exited 2020 producing approximately 8,500 barrels of oil equivalent per day (75% oil) from the Powder River Basin. Following the closing, Samson will have divested substantially all of its upstream assets.

Samson is a privately held onshore exploration and production company headquartered in Tulsa, Oklahoma.

The Willkie deal team was led by partners Michael De Voe Piazza (Picture) and Cody Carper and included partners Jeffrey Hochman and Robert Jacobson; counsel Daniel Elizondo and associate Adam Whitehouse.

Involved fees earner: Cody Carper – Willkie Farr & Gallagher; Michael De Voe Piazza – Willkie Farr & Gallagher; Daniel Elizondo – Willkie Farr & Gallagher; Jeffrey Hochman – Willkie Farr & Gallagher; Robert Jacobson – Willkie Farr & Gallagher; Adam Whitehouse – Willkie Farr & Gallagher;

Law Firms: Willkie Farr & Gallagher;

Clients: Samson Resources Corp.;

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Author: Ambrogio Visconti