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”).
…Bankruptcy
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 …
Chesapeake Energy Corporation’s “First-Day Motions” Approved By Court
OKLAHOMA CITY, June 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 …
Chesapeake Energy Corporation Receives Notice From NYSE Regarding Continued Listing Standard
OKLAHOMA CITY, June 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 …
Shares in Chesapeake Energy set for delisting, as historic bankruptcy is finally official
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
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
OKLAHOMA CITY, June 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 …
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
A large local oil producer has won a deadline extension from
