Post Tagged with: "JPMorgan"

Source: Reuters

JPMorgan sells shale driller it picked up following bankruptcy

World Oil


(Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. for $860 million.…

JPMorgan Presses Weatherford Over Debt Load

JPMorgan Presses Weatherford Over Debt Load

From Bloomberg

Lenders to Weatherford International Plc have hired advisers to review whether the oil services company can keep up with payments on its $8 billion debt load.

JPMorgan Chase & Co., the agent for the lenders, picked consultants at …