NEW YORK ( TheStreet) -- Samson Investment, a privately held oil and gas explorer, is considering strategic options including a sale that could fetch as much as $10 billion, The Wall Street Journal reported, citing people familiar with the matter. Samson, based in Tulsa, Okla., has been seeking a financial adviser to assess a range of options from establishing a joint venture to a full sale, the Journal said. Samson operates more than 4,000 wells and has significant production operations in Texas and the Gulf of Mexico's deep waters, the newspaper noted. A full sale of Samson could fetch between $7 billion and $10 billion, the people said. The company has more than 1,200 employees and has offices in Canada and Scotland. Samson didn't reply to requests for comment from the Journal. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.