Bankruptcy

$17.85 Billion in Oil and Gas Bankruptcies in 2015

January 8, 2016

Swift Energy (ticker: SFYWQ) joined the 2015 group of oil and gas producers to file for bankruptcy on Dec. 31, making it the final oil and gas company to do so last year. Swift’s total debt amounted to $1.18 billion, comprised of $302 million in secured debt, and $875 million in unsecured debt. Swift received U.S. bankruptcy court approval this

Oil and Gas Bankruptcy Climbs to More than $16 Billion in 2015

December 23, 2015

*This story was corrected from an earlier version to reflect Energy & Exploration Partners’ debt level Low oil prices push 41 energy companies into bankruptcy Saying that 2015 has been a difficult year for the oil and gas sector would be an understatement. U.S. crude oil benchmark WTI averaged $91.23 per barrel in 2014, while in 2015 it has, to date,

$17.85 Billion in Oil and Gas Bankruptcies in 2015

Oil and Gas Bankruptcy Climbs to More than $16 Billion in 2015

Premium Content