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February 09, 2016 1:37 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Samson Resources Corporation

Company Overview

Samson Resources Corporation, an independent oil and gas company, engages in the exploration, development and production of oil and natural gas properties located onshore in the United States. The company operates projects primarily in the Rocky Mountain, Mid-Continent, and East Texas regions. As of December 31, 2014, it had proved reserves of approximately 1.5 trillion cubic feet equivalent; had approximately 1.6 million net acres under lease; and owned interests in approximately 7,354 gross productive wells. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma. On September 16, 2015, Samson Resources Corporation, along with its affiliates, filed a voluntary petition for ...

Samson Plaza

Two West Second Street

Tulsa, OK 74103

United States

Founded in 1971

997 Employees





Key Executives for Samson Resources Corporation

Chief Executive Officer, President and General Counsel
Age: 52
Chief Financial Officer and Executive Vice President
Age: 53
Chief Operating Officer and Executive Vice President
Age: 45
Chief Accounting Officer and Vice President
Age: 39
Vice President of Information Services & Technology
Age: 51
Compensation as of Fiscal Year 2015.

Samson Resources Corporation Key Developments

Faruqi & Faruqi, LLP Announces Filing of Class Action Lawsuit Against Cytec Industries Inc., Tulip Acquisition Inc. and Solvay SA

Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, case no. 1:15-cv-00891, on behalf of stockholders of Cytec Industries Inc. who held Cytec securities acquired on or before July 28, 2015, when the company agreed to be acquired by Solvay SA through Tulip Acquisition Inc. The complaint charges Cytec, its board of directors, Solvay and Merger Sub with violations of the Securities Exchange Act of 1934. On July 28, 2015, Cytec, Solvay, and Merger Sub entered into a definitive Agreement and Plan of Merger. Pursuant to the Merger Agreement, the company’s common stock will be cancelled and converted into the right to receive $75.25 in cash without interest. The proposed transaction’s total value is $5.5 billion and is expected to close in the fourth calendar quarter of 2015. The complaint alleges that the Form PREM14A Proxy Statement, which recommended that Cytec stockholders vote in favor of the Merger Agreement, omitted and/or misrepresented material information in contravention of Sections 14(a) and 20(a) of the Exchange Act. The omitted information is material to the impending decision of Cytec stockholders on whether to vote in favor or against the Merger Agreement and/or whether to seek appraisal for their shares. The complaint also alleges that the $75.25 per share offer price is inadequate, the intrinsic value of Cytec’s common stock is materially in excess of the amount offered for those securities in the proposed transaction given the Company’s prospects for future growth and earnings and the value Solvay attributes to its future success based on the merger.

Samson Resources And American Eagle To Reportedly Divest Bakken Assets

Samson Resources Corporation and American Eagle Energy Corporation (OTCPK:AMZG.Q) have filed for Chapter 11 bankruptcy and intend to divest Bakken assets in order to pay off debts, the Bismarck Tribune reported.

Samson Resources Corporation, Q1 2015 Earnings Call, May 20, 2015

Samson Resources Corporation, Q1 2015 Earnings Call, May 20, 2015

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