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Samson Resources Emerges From Bankruptcy

Mar 01, 2017 - PR Newswire
Board and Executive Moves

 Samson Resources Corporation  ("SRC") announced today that the Company and its subsidiaries have emerged from Chapter 11 bankruptcy protection, after satisfying all of the conditions required under its Plan of Reorganization (the "Plan"), which was confirmed by the U.S. Bankruptcy Court for the District of Delaware on February 13, 2017.  Under the Plan, substantially all of SRC's remaining assets, including its subsidiaries, were transferred to Samson Resources II, LLC ("Samson II" or the "C...