Reuters 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 million to $1 billion, according to a court filing in the U.S. Bankruptcy Court in Delaware. It had around $421
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…
NBusiness 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 (exploration and production) companies jumped to a four-year high in the second quarter of 2020, both in terms of the
LONDON , July 31, 2020 /PRNewswire/ — Noble Corporation plc (NYSE: NE) (“Noble” or …
Forbes 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 seen giving American hydrocarbon production a position of market superiority. In many ways it still does, especially if the sheer
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 cases (the “Chapter 11 Cases”) under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District
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 makes perfect sense for Chevron to pursue as an acquisition target given complimentary positions in the Permian plus Noble’s international
HOUSTON , July 20, 2020 /PRNewswire/ — CARBO Ceramics Inc. (“CARBO” or “the Company”) an…
