Post Tagged with: "bankruptcy exit"

Shale gas pioneer Chesapeake Energy worth $5.13 billion on bankruptcy exit -U.S. judge

Shale gas pioneer Chesapeake Energy worth $5.13 billion on bankruptcy exit -U.S. judge

Reuters


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 …

CEO who profited as Hi-Crush spiraled departs as company exits bankruptcy

CEO who profited as Hi-Crush spiraled departs as company exits bankruptcy

Reuters


Robert Rasmus, the founder of oilfield services firm Hi-Crush Inc who profited as the business spiraled into bankruptcy, lost his positions at the firm in a recent restructuring, according to company postings.

CEO who profited as Hi-Crush spiraled departs as company exits bankruptcy- oil and gas 360

Rasmus was replaced as CEO last month …