Profile: Chaparral Energy Inc (CHAP.N)
22 May 2019
Chaparral Energy, Inc. (Chaparral), incorporated on September 14, 2005, is an independent oil and natural gas exploration and production company. The Company is a Mid-Continent operator with focused operations in Oklahoma’s STACK Play, where it has approximately 110,000 net acres and more than 3,500 potential drilling locations primarily in Oklahoma’s Blaine, Canadian, Garfield, Kingfisher and major counties. The Company has produced more than 1 billion barrels of oil equivalent and more than 350,000 net surface acres in the mid-continent region. The Company’s stacked pays allow operators, such as Chaparral, access to drill multiple formations from a single location. With the ability to drill up to 16 separate horizontal wells from a single vertical wellbore, the STACK provides improved oil and gas recoveries and an overall smaller surface footprint.
E&P Areas includes the Company's Mississippian, Panhandle Marmaton, Oswego and Woodford Shale plays. E&P Areas also includes Chaparral's legacy production areas, which are primarily located in the Mid-Continent. The Company also owns infrastructure in the Panhandle Marmaton play, including saltwater disposal wells and electricity.
Chaparral Energy Inc
701 Cedar Lake Blvd
OKLAHOMA CITY OK 73114-7806