Deal: Apollo-backed Resource Energy stalking horse bidder for Samson assets


[Context: Apollo-backed Resource Energy is focused on the Bakken shale in the Williston Basin, according to its website. The company has been selected as the stalking horse bidder for Williston assets owned by bankrupt Samson Resources.]

Resource Energy Can-Am LLC Enters into Stalking Horse Agreement with Samson Resources Covering Williston Basin Assets

DENVER–September 08, 2016 06:00 AM Eastern Daylight Time–(BUSINESS WIRE)–Resource Energy Can-Am LLC (“Resource Energy”) announced that it has entered into a stalking horse asset purchase agreement with Samson Resources Company to acquire certain of Samson’s North Dakota and Montana properties in the Bakken play.

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