TULSA, Okla., Feb. 20, 2017 /PRNewswire/ — Samson Resources Corporation (“Samson” or the “Company”) today announced that its second-lien creditor group has selected Joseph A. Mills as the Company’s President and Chief Executive Officer, effective as of the date the Company’s global settlement joint plan of reorganization becomes effective.
Mr. Mills has nearly 35 years of experience in the oil and gas industry, including public company management experience. Most recently, he served as Chairman of the Board and CEO of Eagle Rock Energy Partners, where he was responsible for creating and managing the strategic direction of the company and its growth as an E&P and Midstream Master Limited Partnership (MLP). Prior to that role, he founded and served as CEO of Montierra Minerals & Production, L.P., a private equity backed mineral and upstream company.
Mr. Mills has also served as Senior Vice President of Operations for Black Stone Minerals, L.P., Senior Vice President of El Paso Production Company and Sonat Exploration Company. Mr. Mills currently serves on the Board of the Houston Producers Forum and is a member of the University of Houston Energy Advisory Board. Mr. Mills holds a BBA in Petroleum Land Management from the University of Texas, Austin and an MBA in Finance from the University of Houston.
Previously, on February 13, 2017, the Court entered an order confirming Samson’s plan to emerge from Chapter 11 in the near future. This will provide Samson a sustainable capital structure and will position it to compete in the oil and gas industry in the future.
About Samson Resources
Samson Resources is a privately held onshore oil and gas exploration and production company with headquarters in Tulsa, Oklahoma and operations primarily located in East Texas, Louisiana and Wyoming. The Company operates, or has royalty or working interests in, approximately 531,000 net acres of oil and gas properties.
SOURCE Samson Resources Corporation