Deal: NGP-backed Tecolote Energy bidding for Samson assets


[Context:  Natural Gas Partners-backed Tecolote Energy has been identified as one of several stalking horse bidders for assets being sold by the bankrupt Samson Resources. On August 8, Apollo-backed Resource Energy announced it was also a bidder.]

According to an August 6 court filing (link to 300+ page PDF of docket), Tecolote Energy is identified as the bidder for West Anadarko assets that consist of ~633,000 gross acres (61,400 net) in Oklahoma and Texas, and 1,281 wells, 527 of which are operated.

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