KKR’s Samson Resources Files Bankruptcy as Shale Bet Sours

Updated on
  • KKR took over Samson in $7.2 billion leveraged buyout in 2011
  • Another Kravis-backed energy bet sours in commodity rout

Oil and gas driller Samson Resources Corp. filed for bankruptcy in Delaware Wednesday night, undone by a collapse in energy prices and billions in debt that KKR & Co. and other investors piled on to fund a 2011 takeover.

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