Samson Resources Corp.’s reorganization plan was overwhelmingly approved by voting creditors, the Tulsa, Okla.-based company said Feb. 13.In September 2016, Samson filed for Chapter 11 bankruptcy to reduce debt and create a capital structure that will pave the way for a “successful future,” said Andrew Kidd, the company’s president, CEO and general counsel.”Our emergence from Chapter 11 will allow us to move past a challenging period for Samson and others in this industry and once again devote our full attention to running our business as our industry continues its recovery,” Kidd said in a statement.
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