Post Tagged with: "bankruptcy emergence"

Source: Reuters

Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy

Reuters


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 …

Ultra successfully completes financial restructuring and emergence from bankruptcy

Ultra successfully completes financial restructuring and emergence from bankruptcy

GlobNewswire


ENGLEWOOD, Colo., Sept. 16, 2020 (GLOBE NEWSWIRE) — UP Energy, LLC (formerly known as UP Energy Corporation) (the “Company” or “Ultra”) today announced that on September 14, 2020 the conditions to effectiveness of its Chapter 11 Plan of Reorganization, …