Tapstone Energy is sure active in snapping up distressed assets?! After its attempt in Templar Energy, Tapstone is named as the stalking horse bidder for Chesapeake Energy's Mid-Con assets with a USD 85m bid, per notice filed today.
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Good one peetey
If you look at the pictures of Dixon on the Tapstone website, Dixon’s got all this facial hair. Everyone I know that looks at the pictures and has the same reaction: Dixon wants to be able to obscure his existence after the inevitable collapse by shaving. By the time they get the post mortem done he will be living in the rural northwest selling used cars. Away from all the heat, the knowing stares losers so richly deserve.
I thought there wasn’t supposed to be any second acts in America. There are in Oklahoma where being a stone cold loser of other peoples’ money, who mistakenly trusted you, seems to confer some type of pedigree.
- and more destruction of capital by CHK'ers. Keep up the legacy!
Riding that private capital until it dries up.
How is Tapstone in business? None of the clowns running Tapstone have ever made ten cents in the oil and gas business unless you count ambushing unsuspecting mineral owners with lies and peddling the garbage to s—ers on wall street.
They will make no money here bro
Mostly just trash assets at this point. The midcon that the tapstone crew was familiar with was gutted and pieced off a few times since they left.
From a management familiarity perspective, many are former CHK. Makes some sense if economics work.
Yes
No
Is it finalized & how many acres we talking about
Of course, being the stalking horse does pay well if they lose out