Current CHPE Stock Info

Chaparral Energy, Inc. (ticker: CHPE) announced today that it has entered into a definitive purchase agreement to acquire acreage in Kingfisher County, Oklahoma, from a private seller for $60 million in cash, subject to customary post-closing adjustments.

Highlights

Acquiring 7,000 contiguous net acres in the core of the black-oil window of the STACK play in Kingfisher County

The acreage is 100 percent held by production and will provide Chaparral with an 87 percent working interest
Attractive purchase price of approximately $8,...


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