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
Website
canvasenergy.comMain Phone Number
New Financings
Chaparral Energy Inc. has completed its regularly scheduled fall borrowing base…
Chaparral Energy, Inc. said the company’s bank group has completed its regularly scheduled fall borrowing…
Priced $300 million of 8.75% senior unsecured notes due 2023. The company intends to use the net proceeds…
Intends to offer $300 million of senior unsecured notes due 2023 to eligible purchasers and use the net…
Plans to privately place 8.975% senior notes due 2017 to pay debt, fund capex and for general capital…
Activity Highlights
Canadian
OK
United States
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…
OK
United States
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
Marketed: Chaparral Energy Northern Anadarko Basin Package
Marketed: Chaparral Energy Northern Anadarko Basin Package
Marketed: Multiple Chaparral Energy Properties Across Western Oklahoma
Marketed: Multiple Chaparral Energy Properties Across Western Oklahoma
Chaparral Accelerates In Stack With Kingfisher Acquisition
Chaparral Accelerates In Stack With Kingfisher Acquisition
Chaparral Energy’s $170 Million EOR Sale Clears Path To Stack
Chaparral Energy’s $170 Million EOR Sale Clears Path To Stack