Edition:
United States

Chisholm Oil and Gas & Gastar Exploration Announce Merger Agreement


Wednesday, 19 Jun 2019 06:30am EDT 

June 19 (Reuters) - Apollo Global Management LLC ::CHISHOLM OIL AND GAS, LLC AND GASTAR EXPLORATION LLC ANNOUNCE STRATEGIC COMBINATION TO CREATE THE LEADING STACK E&P COMPANY.CHISHOLM OIL AND GAS - COMBINED COMPANY WILL OPERATE UNDER NAME CHISHOLM OIL AND GAS AND BE HEADQUARTERED IN TULSA.CHISHOLM OIL AND GAS - COMBINED COMPANY WILL HAVE NET PRODUCTION OF APPROXIMATELY 20,000 BOE PER DAY.CHISHOLM OIL AND GAS - COMBINED CO WILL HAVE COMBINED ACREAGE POSITION OF APPROXIMATELY 165,000 NET ACRES, PRIMARILY IN KINGFISHER COUNTY, OKLAHOMA.