KKR prepares more Samson asset sales as oil prices plunge

Kohlberg Kravis Roberts & Co, which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, people familiar with the matter told Reuters news service.

10 November 2014•3 mins read
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