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Acquisitions in Anadarko and Arkoma Basins

by orsanna

In the aftermath of the collapse of oil and gas pricing, Randy had the difficult decision to either sell the business or change its business model in these hard economic time. Sanguine and their core investors made a $45 million acquisition of long life gas producing assets in the Anadarko Basin, followed by an aggressive leasehold acquisition in the Arkoma Basin.