TULSA, Okla., July 25, 2017 /PRNewswire/ — Canyon Creek Energy – Arkoma, LLC (CCEA) announced today that it has acquired a core operated leasehold position in over 30,000 acres in the liquid rich Arkoma Stack play. A great deal of such acreage has been acquired from Arkoma Leasing, LLC.
CCEA President and CEO Luke Essman commented, “With these acquisitions, Canyon Creek Energy has established itself as a leader in the re-emerging Arkoma Stack liquids play. We are very excited about this opportunity, not only because of our concentrated leasehold position, but due to our preliminary drilling results. These results validate our technical analysis of the play and we intend to continue our current successful leasing and drilling program in the area.”
About Canyon Creek Energy
Canyon Creek Energy – Arkoma, LLC is a Tulsa, Oklahoma-based oil and natural gas company primarily focused on exploiting natural resources in Oklahoma. CCEA is managed by an affiliate Canyon Creek Energy Operating, LLC, which is led by President and CEO, R. Luke Essman; Vice-President and Chief Financial Officer, James R. McCoy; Vice-President of Geology, Jennifer Kessler; Vice-President of Engineering, C. Daniel Jacobs; and Vice-President of Land, Stephen McNamara, Jr. For more information, please visit www.canyoncreekenergy.com.