An investor group led by Kohlberg Kravis Roberts & Co. LP will acquire Samson Investment Co., Tulsa, Okla., one of the largest private US exploration and production companies, for $7.2 billion.For more background on KKR / Samson Investment Company, click here for Bloomberg .
Founded in 1971, Samson employs nearly 1,200 and owns interests in more than 10,000 wells, of which it operates over 4,000, in the US. The company has key positions in oil and liquids-rich plays such as the Bakken, Powder River, Green River, Granite Wash, Cana Woodford, and Cotton Valley as well as in the Haynesville and Bossier gas shales.
Wednesday, November 23, 2011
Privately Held Samson Investment Acquired by KKR -- $7.2 Billion -- The Bakken, North Dakota, USA
Link here.
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