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Alta Mesa Resources, Inc.

🪦 Bankrupt
Blank CheckSPAC Year: 2018Merged: 2018

Trust Size

$499M

Current Price

$0.00

Peak Market Cap

$3.0B

Price Journey

$10 IPO$10.00 peak$0.00

What Happened

Alta Mesa was an oil and gas exploration company focused on the STACK play in Oklahoma. The company went public via SPAC merger with Silver Run Acquisition Corp II in 2018 in a $3.8 billion deal. Alta Mesa filed for Chapter 11 bankruptcy in September 2019 after taking a $3 billion write-down.

Silver Run Acquisition Corp II merged with Alta Mesa Holdings in February 2018, combining Alta Mesa's Oklahoma assets with Kingfisher Midstream. The deal was valued at $3.8 billion but the assets were overvalued. Within months, Alta Mesa took a $3 billion write-down on the acquired assets. The company filed for Chapter 11 in September 2019, making it one of the earliest major SPAC failures.

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Timeline

2018-01-19

Merger Proxy Filed (DEFM14A)

2018-04-06

S-1 Registration Filed

2020-04-15

Last SEC Filing

2019-09-11

Filed for bankruptcy

SEC Filing Details

CIK Number

1690769

Total SEC Filings

246

State of Incorporation

DE

Last Filing Date

2020-04-15

Business Location

Houston, TX

Trust/Asset Size

$499M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for Alta Mesa Resources, Inc.

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