Samson Resources' Tulsa headquarters lays off one-third of the workforce

Source: Samson Resources Corp.

Samson Resources Corp. on Thursday confirmed that it has laid off 66 employees at the Tulsa Headquarters and 70 overall.

 

Tulsa, Ok - Samson Resources Corp. on Thursday confirmed that it has laid off 66 employees at the Tulsa Headquarters and 70 overall. 

In the fall of 2016 Samson employed about 200 poeple at the Tulsa headquarters and close to 400 emplyees companywide.

The shale oil and gas driller, Samson Resources Corp, filed for Chapter 11 bankruptcy in September 2015 as it had $4.2 billion in debt.  The company plans to continue repayment of debts with creditors as agreed upon in the Chapter 11 plan.  

 

 

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs