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A&D - Templar moves sale process for Midcon portfolio to Section 363 - June 2020

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Midcontinent producer Templar Energy, which declared bankruptcy June 1, launced a Section 363 process for its assets. The company placed its portfolio on the market in February and had attracted several indications of interest by mid-April. But following the collapse of oil prices early that month, Templar ultimately opted for the bankruptcy process to complete a sale. Templar’s assets cover 273,400 net acres (75% HBP) across the greater Anadarko Basin of northeastern and western......
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