- Tight Gas & Oil
- Gas Hydrates
Rimrock was formed last year to pursue Midcontinent acquisitions targeting the Woodford Shale, following a $75 million equity commitment from Post Oak Energy Capital and Ceja Corp.
The company reported a net loss of $692 million for second-quarter 2016, an improvement from the $1 billion loss recorded the quarter before.
Viper entered separate agreements to acquire mineral rights across Midland and Delaware acreage primarily operated by Pioneer and a private company.