In the market for some Anadarko Basin love?  Well, hold on, pardner. Here in the Land of the SCOOP, STACK, and Merge, the deals keep coming to buy and sell a slice of the Mid-Continent. Reese Energy Consulting today is following the latest from the Okla., Anadarko, where the A&D chatter grows louder between ConocoPhillips and asset manager Stone Ridge Energy. Unless someone hiccups at the wrong time, a deal is pretty much imminent.

With a final handshake and for an estimated $1.3 billion kiss goodbye, Conoco will part ways with the Okla., assets it inherited last year as part of the company’s $17.1 billion acquisition of Marathon Oil. Stone Ridge will hand the Anadarko keys to its Okla. City-based E&P son, Flywheel Energy, which will operate Marathon’s 300,000 net acres in the SCOOP and STACK. According to Hart Energy, production recently averaged 39 MBOED (~50% gas).
But there’s more to explore in the Anadarko if you’re on the hunt. Houston-based Amplify Energy has re-energized its Plan B game plan following a failed Rockies acquisition in April that would have lit a fire under its strategy to turn oil weighted. Amplify operates oil and gas assets in the Anadarko, Rockies, East Texas/North La., and offshore Southern Calif. A new CEO came aboard two days ago followed by an 18% surge in the company’s stock price and news of its assets for sale in East Texas and Okla. Hart reports Amplify holds 180,000 net acres across East Texas and Northern La., and 95,000 net acres in the Anadarko.