[Context: On September 13, Samson Resources identified additional stalking horse bidders for its assets, including Post Oak Energy-backed Saxet Minerals and Royalty Interests Partnership for Permian minerals, Denham Capital-backed Fairway Resources for central Anadarko assets, and NGP-backed Rebellion Energy for east Anadarko assets.]
The Permian Minerals
The Permian Minerals asset package consists of 399,040 gross acres (61,220 net acres) in New Mexico and Texas, and 195 wells. Unlike certain of the Debtors’ other assets, the Permian Minerals largely consist of fee simple property rights in hydrocarbon-rich locations. The Permian Minerals are not generally producing properties and, other than a minor number of wells, are not operated by the Debtors or any other party.