Oilfield services provider Basic Energy Services will cut about 500 jobs in Texas, according to a filing with the state’s workforce commission, as the company works through Chapter 11 restructuring that includes asset sales.
The job cuts are focused …
Chesapeake Energy Corp CHK.O said on Wednesday no members of its board of directors were interviewing to take over from former chief executive Doug Lawler, who resigned last month after leading the company through its Chapter 11 bankruptcy.
Interim-CEO …
HOUSTON- Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator.
Brazos Electric Power Cooperative Inc, which supplies electricity to …
OKLAHOMA CITY, Feb. 9, 2021 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) announced today that it has successfully concluded its restructuring process and emerged from Chapter 11, satisfying all conditions precedent under its Plan …
U.S. shale oil and gas producer Chesapeake Energy Corp plans to cut 15% of its workforce, an email sent to employees revealed, as it closes on new financing that will allow it to emerge from bankruptcy court protection next …
HOUSTON – Chesapeake Energy Corp’s value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer’s trial indicated, and is worth $5.13 billion, far above the shale gas pioneer’s estimate.
Creditors have offered sharply …
UTEX Industries Emerges from Chapter 11 with $700 Million Less Debt, Additional Financing…
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360 Feed Wire
Denver, December 2 – FourPoint Energy, LLC (“FourPoint or the “Company”) announced today the Company and its Western Anadarko Basin Assets have been renamed Unbridled Resources, LLC (“Unbridled”) and merged with a subsidiary of Maverick Natural Resources …
Lonestar Resources US Inc. (the “Company” or “Lonestar”) to…
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(TheNewswire) Calgary, Alberta – TheNewsw…
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Negotiated resolution reaffirms the value of Williams’ midstream infrastructur…
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Trading of New Common Stock to Commence on NYSE American under Ticker “FTSI…
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Oasis Petroleum Successfully Completes Financial Restructuring Emerges from Cha…
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360 Feed Wire
Commences Voluntary Chapter 11 Process to Implement Financial Restructuring
Obtains Commitment for $105 Million in New Money Debtor-In-Possession Financing to Support Continued Ordinary Course Operations, Including Payments for Wages and Benefits, Vendors and Suppliers
OKLAHOMA CITY, Nov. …
360 Feedwire
FORT WORTH, Texas, Nov. 08, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (OTC: LLEXQ) (the “Company”), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a …
Calfrac Obtains Final Order Approving the Amended Recapitalization Transaction …
…Calfrac Obtains Final Order Approving the Amended Recapitalization Transaction …
…Chapter 11 Bankruptcy Proceedings Converted to Chapter 7 Liquidation PR Newswir…
…Chapter 11 Bankruptcy Proceedings Converted to Chapter 7 Liquidation PR Newswir…
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OAG360 Publishers Notes: Gulfport skips 17.39 MM bond payment, entering a 30-day grace period…OAG360 analysts expect an announce shortly Chp.11 restructuring.
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Gulfport Energy didn’t make a payment due Oct. 15 on some of its debt while it …
Bankruptcies abound in America’s oilpatch. So far this year 40 oil exploration and production companies have gone under, according to analysis from lawfirm Haynes & Boone, involving $54 billion in debt. The biggest failure so far, with $11.8 …
OKLAHOMA CITY, Oct. 14, 2020 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (the “Compan…
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Hi-Crush Inc. Successfully Completes Restructuring, Emerges From Chapter 11 Bankruptcy …
…Calfrac Well Services Ltd. – Open Letter to Stakeholders Canada NewsWire CA…
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EP Energy Corporation Successfully Completes Financial Restructuring Reduces Pr…
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OAG360 Publishers Note: Oasis ($OAS) becomes the latest shale producer to file for Chapter 11 protection under the US bankruptcy code. According to SEC files, 100% of RBL lenders and 52% of note holders back this plan. Unsecured note holders …
Bouchard Transportation Co., Inc. To Restructure Through Chapter 11 Proceeding …
…Changes to Calfrac Management Transaction Fall Woefully Short of Shareholder Recoveries U…
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Hi-Crush Inc. Announces Successful Confirmation of Plan of Reorganization PR Ne…
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