Alta Mesa Resources, Inc. is a publicly traded (NASDAQ: AMR, AMRWW) independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas reserves in the eastern portion of the Anadarko Basin referred to as the STACK. The STACK is an acronym describing both its location—Sooner Trend Anadarko Basin Canadian and Kingfisher County—and the multiple, stacked productive formations present in the area. The STACK is a prolific hydrocarbon system with high oil and liquids-rich natural gas content, multiple horizontal target horizons, extensive production history and historically high drilling success rates. Alta Mesa has assembled a large, highly contiguous leasehold position, largely in the up-dip, naturally-fractured oil portion of the STACK in eastern Kingfisher County, Oklahoma. The Company has identified over 4,000 gross horizontal drilling locations, at least half of which it expects to operate. These drilling locations are in Alta Mesa’s primary target formations comprised of the Osage, Meramec and Oswego. Alta Mesa opportunistically acquires acreage in its non-operated locations with the goal of operating wells in these locations. Alta Mesa has a seasoned management team, whose mission is to maximize the profitability of our assets in a safe and environmentally sound manner. We apply advanced engineering analyses and enhanced geological techniques to under-developed or over-looked conventional resource areas to create value. We employ disciplined management processes and have the flexibility to respond to the market.
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| Aug 14, 2018 |
| Alta Mesa Announces second quarter 2018 Financial and operational results |
| Jul 26, 2018 |
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| Jun 11, 2018 |
| Alta Mesa Resources to Present at JP Morgan 2018 Energy Conference in New York |
| May 31, 2018 |
| Kingfisher Midstream Upsizes Revolving Credit Facility |
Hurricane Harvey had a devastating impact on Texas and Louisiana. Our thoughts and prayers are with our employees and the communities that were impacted by the storm. Both during and after the the storm, Alta Mesa’s employees got involved in helping its fellow workers and its community to rescue the stranded and then begin the long road to recovery by cleaning and restoring their homes and neighborhoods.
Alta Mesa’s mission is to maximize the profitability of its assets in a safe and environmentally sound manner. Our vision is to be an enduring enterprise engaged in finding and developing energy resources. Our values serve as a compass for our actions and describe how we behave in the world.