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.
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.