Under the agreement, Bison will exclusively manage all of Chaparral's produced water infrastructure and water hauling logistics within a roughly 1.9 million-acre dedicated area in Oklahoma.
Grizzly Energy, formerly Vanguard Natural Resources, retained EnergyNet for the sale of packages in the Scoop/Stack play and southeast Anadarko Basin area.
Beacon E&P retained Meagher Energy Advisors for the sale of certain nonoperated assets in Oklahoma's Stack and Merge shale plays generating a cash flow of about $1.2 million per month.
Native Exploration Operating retained TenOaks Energy Advisors for the sale of Scoop, Merge and Stack properties in Oklahoma's Canadian, Grady and McClain counties closing Nov. 14.
The White Star Petroleum acquisition is the second focused on Oklahoma this year by Contango Oil & Gas, which currently operates in the Permian, Wyoming and U.S. Gulf.
The merger of Roan Resources with Citizen Energy may portend future take-private offers for public companies that have largely been scorned by the public market.