Bankruptcy

Hi-Crush Inc. Enters into Restructuring Support Agreement with Unsecured Noteholders
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Hi-Crush Inc. Enters into Restructuring Support Agreement with Unsecured Noteholders

HOUSTON , July 13, 2020 /PRNewswire/ — Hi-Crush Inc. (NYSE: HCR), (“Hi-Crush” or th…

July 13, 2020 - 12:42 pm Bankruptcy, Press Releases

Delphi Energy Corp. Announces Receipt of Creditors’ Meetings Order

CALGARY, Alberta, July 10, 2020 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“ Delphi …

July 11, 2020 - 5:34 am Bankruptcy, Canada News, Press Releases
Delphi Energy Corp. Announces Proposed Plan of Compromise and Arrangement and $22.9 Million Capital Investment by Kiwetinohk Resources Corp.

Delphi Energy Corp. Announces Proposed Plan of Compromise and Arrangement and $22.9 Million Capital Investment by Kiwetinohk Resources Corp.

Delphi Energy Corp. Announces Proposed Plan of Compromise and Arrangement and $22.9 Millio…

July 6, 2020 - 12:58 pm Bankruptcy, Borrowing Base, Canada, Canada News, Press Releases
Sanchez Energy Successfully Completes Financial Restructuring; Emerges as Mesquite Energy, Inc.

Sanchez Energy Successfully Completes Financial Restructuring; Emerges as Mesquite Energy, Inc.

HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) — Sanchez Energy Corporation today announced that it has completed its financial restructuring and emerged from Chapter 11 as a privately held corporation under the name Mesquite Energy, Inc. (“Mesquite Energy” or the “Company”).…

June 30, 2020 - 10:11 pm Bankruptcy, Closing Bell Story‎, Press Releases

Foresight Announces Implementation of Reorganization Plan

Foresight Energy LP (“Old Foresight”) announced today that it has consummated its chapter 11 plan of reorganization (the “Plan”).

June 30, 2020 - 9:45 pm Bankruptcy, Coal News, Press Releases

Lilis Energy Receives Delisting Notice From NYSE American Transitions to OTC Pink Marketplace

FORT WORTH, Texas, June 30, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX; OTC Pink: LLEXQ) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that …

June 30, 2020 - 7:40 pm Bankruptcy, Press Releases
Chesapeake Energy Corporation’s “First-Day Motions” Approved By Court

Chesapeake Energy Corporation’s “First-Day Motions” Approved By Court

OKLAHOMA CITYJune 29, 2020 /PRNewswire/ — Chesapeake Energy Corporation (NYSE:CHK) today announced that the U.S. Bankruptcy Court for the Southern District of Texas (“the Court”) has approved the Company’s motions seeking a variety of “first-day” relief, including authority …

June 29, 2020 - 10:48 pm Bankruptcy, Energy News, Finance, Law, Press Releases
Chesapeake Energy Corporation Receives Notice From NYSE Regarding Continued Listing Standard

Chesapeake Energy Corporation Receives Notice From NYSE Regarding Continued Listing Standard

OKLAHOMA CITYJune 29, 2020 /PRNewswire/ — Chesapeake Energy Corporation (the “Company”) today was notified by the New York Stock Exchange (“NYSE”) of its determination to commence proceedings to delist the Company’s common stock and to suspend trading of …

June 29, 2020 - 10:24 pm Bankruptcy, Finance, Press Releases
Source: Forbes

Shares in Chesapeake Energy set for delisting, as historic bankruptcy is finally official

Forbes


The NYSE this morning suspended trading in shares of freshly bankrupt Chesapeake Energy and commenced delisting proceedings for the stock, which is frozen at $11.85.

The company, in filings yesterday for its Chapter 11 restructuring, in U.S. Bankruptcy Court …

Lilis Energy voluntarily files for Chapter 11 bankruptcy

Lilis Energy voluntarily files for Chapter 11 bankruptcy

Oil & Gas 360


FORT WORTH, Texas, June 29, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today …

Chesapeake Energy Corporation Commences Voluntary Chapter 11 Process

Chesapeake Energy Corporation Commences Voluntary Chapter 11 Process

OKLAHOMA CITYJune 28, 2020 /PRNewswire/ — Chesapeake Energy Corporation (NYSE: CHK) today announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas (“the Court”) to facilitate …

TYGER WILLIAMS / Philadelphia Enquirer STAFF PHOTOGRAPHER

A Chicago company has finalized its purchase of the bankrupt Philly refinery

Philadelphia Inquirer

A year after a disastrous fire shut down the Philadelphia Energy Solutions refinery, the 1,300-acre complex was sold out of bankruptcy Friday to a Chicago developer that promises to raze the plant and rebuild the site as an

Chesapeake Energy Preparing To File for Bankruptcy As Soon As This Week

Chesapeake Energy Preparing To File for Bankruptcy As Soon As This Week

NEW YORK (Reuters) – Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused …

Oil producer California Resources Corporation gets more time to make debt payments

Oil and Gas 360 Publishers Note: If you have been following the 360 Digital Closing Bell, this story contains an update to a prediction made on our podcast

Bakersfield.com

A large local oil producer has won a deadline extension from

June 15, 2020 - 12:40 pm Bankruptcy, Company Profile, Finance