Post Tagged with: "strategic alternatives"

Source: Abraxas Petroleum

Saltstone Capital Pens Scathing Letter to Abraxas Petroleum

By Tyler Losier, Energy Reporter, Oil & Gas 360

Saltstone Capital Management calls for special committee of the board to review strategic alternatives
Billy Bailey, founder and portfolio manager for Saltstone Capital Management LLC, penned a scathing letter to Abraxas

Source White Star Petroleum

Another Chapter 11: White Star Petroleum to Explore Strategic Alternatives

By Tyler Losier, Energy Reporter, Oil & Gas 360

White Star receives $28.5 million in committed financing
White Star Petroleum, LLC, a privately held independent E&P headquartered in Oklahoma City, is exploring strategic alternatives after commencing voluntary Chapter 11

Williston Basin - IPAA

Shale Leader Takes a Breath

QEP terminates Williston Basin asset sale
Shale operator will pause to review strategic alternatives including possible merger or sale; plans a G&A reduction of 45%
QEP Resources (stock ticker: QEP, $QEP) said its board of directors has commenced a comprehensive