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A&D - Alta Mesa and Kingfisher sales end troubled two-year saga - February 2020

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The sale of Alta Mesa Resources’ upstream assets and subsidiary Kingfisher Midstream marks the culmination of a two-year saga that saw the valuation of Alta Mesa collapse from $3.8 billion at its February 2018 acquisition by Silver Run Acquisition Corp II. Over the past few years, Alta Mesa’s stock has drastically fallen from a peak of $10.00/share in 2018 to $0.01/share on Jan. 22, while its total liabilities soared from $39 million at Sept.......
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