Resource Energy bids for Samson Bakken assets

Resource Energy Can-Am LLC, Denver, entered a stalking-horse agreement with bankrupt Samson Resources Co., Tulsa, to buy Bakken play properties in North Dakota and Montana for $75 million.

The agreement represents an initial bid and must be approved by the bankruptcy court.

Samson filed for bankruptcy in September 2015 (OGJ Online, Sept. 16, 2015).