Denbury Successfully Completes Financial Restructuring
Emerges from Chapter 11 Well-Positioned for Long-Term Success Moves Forward as Str…
…Emerges from Chapter 11 Well-Positioned for Long-Term Success Moves Forward as Str…
…OAG360 Publishers Note: Interest payment of 30mm was skipped, and now enters a 30 day forbearance period which ends Oct 15. As of Q2 2020 filings, OAS had around 77 million in cash on hand
Oasis Petroleum …
Yahoo / Loanstar Resources
Lonestar Resources US Inc. (the “Company” or “Lonestar”) (NASDAQ: LONE) today announced that it and certain of its direct and indirect wholly-owned domestic subsidiaries (collectively with the Company, the “Debtors”) have entered into a Restructuring Support …
CALGARY, Alberta, Sept. 11, 2020 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“ Delphi &…
…Emerges from Chapter 11 and Appoints New Board of Directors Unit Corporation (Company)…
…360 Feed Wire
Expects to Emerge from Chapter 11 in Mid-September with Strengthened Balance Sheet
Operations Continuing in Normal Course
PLANO, Texas, Sept. 03, 2020 (GLOBE NEWSWIRE) — Denbury Resources Inc. (OTC Pink: DNRCQ) (“Denbury” or the “Company”) today announced …
Approximate $3.0 Billion Reduction in Funded Debt; Trading of New Common Stock to Commence …
…Calfrac Halts Wilks Brothers’ Attempt to Seek Insolvency; Obtains U.S. Recognition for CBC…
…The Covid-19 pandemic has added severe financial strain on a North American upstream industry that was already reeling under …
Oklahoma shale driller Chaparral Energy Inc filed for Chapter 11 bankruptcy protection on Sunday, the latest U.S. energy sector casualty in recent months as COVID-19 crushes oil demand.
The company’s assets and liabilities were in the range of $500 …
OKLAHOMA CITY, Aug. 17, 2020 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (the “Compan…
…HOUSTON , Aug. 4, 2020 /PRNewswire/ — Fieldwood Energy LLC and certain affiliates (…
…MAIDSVILLE, W. Va. , Aug. 3, 2020 /PRNewswire/ — Longview Power (the “Company”) emerge…
…Bankruptcy filings by US oil and gas producers rose to a four-year high in the second quarter of 2020 due to the downturn caused by the coronavirus pandemic, according to Oslo-based Rystad Energy.
“Chapter 11 filings for US E&P …
LONDON , July 31, 2020 /PRNewswire/ — Noble Corporation plc (NYSE: NE) (“Noble” or …
…The oil and gas industry’s most recent cyclical downturn, triggered by the Covid-19 global pandemic in March, has yet again invited close scrutiny of the U.S. shale industry. At one point, prior to the turn of events, shale was …
Intends to File Voluntary Chapter 11 Petitions to Implement Financial Restructuring …
…360 Feed Wire
HOUSTON, July 27, 2020 (GLOBE NEWSWIRE) — Rosehill Resources Inc. (NASDAQ:ROSE, ROSEW, ROSEU) (the “Company”) and Rosehill Operating Company, LLC (“Rosehill Operating” and together with the Company, “Rosehill”) announced today that they have commenced voluntary Chapter 11 …
Company Files Plan of Reorganization Paying General Unsecured Claims in Full First …
…360 FeedWire
Chevron is acquiring Noble Energy in an all-stock deal for $10.38 per share (total equity value of $5 billion) and a total enterprise value of $13 billion. Below is commentary from Enverus Senior M&A Analyst Andrew Dittmar.
“Noble …
HOUSTON , July 20, 2020 /PRNewswire/ — CARBO Ceramics Inc. (“CARBO” or “the Company”) an…
…HOUSTON , July 17, 2020 /PRNewswire/ — Bruin E&P Partners, LLC and its subsidia…
…HOUSTON , July 17, 2020 /PRNewswire/ — Bruin E&P Partners, LLC and its subsidia…
…Transaction to be implemented in pre-arranged Chapter 11 case
Finally resolves leveraged capital structure inherited from 2014 spin-off
TORONTO, July 16, 2020 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy …
…Transaction to be implemented in pre-arranged Chapter 11 case Finally resolves leve…
…HOUSTON , July 13, 2020 /PRNewswire/ — Hi-Crush Inc. (NYSE: HCR), (“Hi-Crush” or th…
…CALGARY, Alberta, July 10, 2020 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“ Delphi …
…Delphi Energy Corp. Announces Proposed Plan of Compromise and Arrangement and $22.9 Millio…
…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”).…