Silver Run Acquisition Strikes Deal For Two Oklahoma Energy Companies

8/20/17

Silver Run Acquisition II, a private equity backed oil and gas startup led by the former chief executive of Anadarko Petroleum Corp, has agreed to acquire two Oklahoma energy companies.

Silver Run, which raised $1.03 billion in an initial public offering in March, said in a statement it reached agreements with oil and gas producer Alta Mesa Holdings LP and Kingfisher Midstream LLC, a pipeline and gas gathering company. Terms of the deals were not disclosed.

James Hackett, the former head of Anadarko, will be executive chairman of the combined company, which will take the name Alta Mesa Resources. The deal is expected to close in the fourth quarter.

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