After exiting bankruptcy earlier this year, Chaparral Energy has committed to its
new pure play STACK strategy. Since the beginning of 2017, the company has leased
18,000 additional acres in the STACK, expanding its holdings to 110,000 net acres.
In May Chaparral hired CIBC to market its Midcontinent EOR
assets (for more see PLS listing PP 4352DV) and recently struck
a JV with Bayou City Energy to further
develop its STACK position in Garfield County and Canadian County.
Under the joint......
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