Canvas Energy Inc.

About

Canvas Energy Inc. is a private oil and natural gas exploration and production company headquartered in Oklahoma City.

Founded in 1988, the company was formerly known as Chaparral Energy but unveiled a corporate rebranding in April 2022. Prior to that, Chaparral had emerged from Chapter 11 bankruptcy as a private company in October 2020.

Editor's note: Updated April 20, 2022.

Headquarters Address

4700 Gaillardia Parkway, Ste. 200
Oklahoma City, OK 73142
United States

Main Phone Number

New Financings

Report Date Type Amount (MM) Description
2019-09-30 Chaparral Energy Inc. Debt $325.00

Chaparral Energy Inc. has completed its regularly scheduled fall borrowing base…

Report Date Type Amount (MM) Description
2018-12-10 Chaparral Energy Inc. Debt

Chaparral Energy, Inc. said the company’s bank group has completed its regularly scheduled fall borrowing…

Report Date Type Amount (MM) Description
2018-06-26 Chaparral Energy Inc. Debt $300.00

Priced $300 million of 8.75% senior unsecured notes due 2023. The company intends to use the net proceeds…

Report Date Type Amount (MM) Description
2018-06-18 Chaparral Energy Inc. Debt $300.00

Intends to offer $300 million of senior unsecured notes due 2023 to eligible purchasers and use the net…

Report Date Type Amount (MM) Description
2007-01-22 Chaparral Energy Inc. - 2007-01-22 Debt $325.00

Plans to privately place 8.975% senior notes due 2017 to pay debt, fund capex and for general capital…

Activity Highlights

Four single-section, El Reno East Field horizontal wells have been completed by Chaparral Energy LLC in Section 19-12n-6w in Oklahoma’s Canadian County. According to IHS Markit, #1SMH-19 Fuji 1206 flowed 507 bbl of 49.6° API oil, 3.374 MMcf of…

Chaparral Energy Inc., according to IHS Markit, completed a horizontal well that targeted bypassed Mississippian reserves in the Anadarko Basin’s Sooner Trend Field. Located in Section 22-21n-7w in Garfield County, Okla., #1MH-22 Hickman 2107 is…

News

“With fresh assets and a strong balance sheet, we have significant flexibility and are able to self-fund our strategy out of operating…

Chaparral Energy is now “better positioned to compete and will look to capitalize on future opportunities with an improved financial…

Oklahoma shale driller Chaparral Energy Inc. filed for Chapter 11 bankruptcy protection on Aug. 16, the latest U.S. energy sector…

Reuters reported in March Oklahoma oil and gas producer Chaparral Energy was working with debt restructuring advisers as it looks to…

Scott Pittman’s resignation as CFO, made on April 17, was “to pursue other interests” and not related to any disagreement with the…

Transactions

Report Date Amount (MM) Description
2019-09-23

Marketed: Chaparral Energy Northern Anadarko Basin Package

Marketed: Chaparral Energy Northern Anadarko Basin Package

Report Date Amount (MM) Description
2019-05-01

Marketed: Multiple Chaparral Energy Properties Across Western Oklahoma

Marketed: Multiple Chaparral Energy Properties Across Western Oklahoma

Report Date Amount (MM) Description
2018-03-15

Chaparral Energy Inc.

Chaparral Energy Inc.

Report Date Amount (MM) Description
2017-12-27 $60.00

Chaparral Accelerates In Stack With Kingfisher Acquisition

Chaparral Accelerates In Stack With Kingfisher Acquisition

Report Date Amount (MM) Description
2017-10-13 $170.00

Chaparral Energy’s $170 Million EOR Sale Clears Path To Stack

Chaparral Energy’s $170 Million EOR Sale Clears Path To Stack