T&K Advises Tecolote Holdings in $131 Million Asset Purchase from Samson Resources

Dallas – Attorneys with the law firm of Thompson & Knight LLP acted as legal advisor to Tecolote Holdings, LLC (“Tecolote”), a stalking horse bidder, in its $131 million purchase of Western Anadarko Basin assets from Samson Resources Company, an oil and gas driller currently in Chapter 11 bankruptcy. The assets consist of approximately 633,000 gross acres (61,400 net) in Oklahoma and Texas, and 1,281 wells, 527 of which are operated.

The Thompson & Knight team advising Tecolote was led by Partner Lawrence (Larry) A. Hall and included Tye C. Hancock, J. Dean Hinderliter, and Mitchell L. Griffith.