OklahomaMinerals.com
All posts tagged "Bankruptcy"
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495Oil & Gas NewsU.S. oil producers on pace for most bankruptcies since last downturn
By: Jessica Resnick-Ault & Arathy S. Nair – Reuters – Oasis Petroleum Inc and Lonestar Resources US Inc’s bankruptcy filings are the...
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293InvestingOasis appears headed for bankruptcy, while recently emerged Whiting implements more cuts
By: Renee Jean – Williston Herald – Whiting Petroleum is further cutting its costs after emerging from Chapter 11, while another Bakken...
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499NationalTexas-Based Driller Arena Energy Files for Bankruptcy
By Becky Yerak, The Wall Street Journal ~ Arena Energy LP has filed for bankruptcy with a plan to sell virtually all...
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420InvestingOperator for Long Beach’s oil islands declares bankruptcy, keeps pumping
By: Harry Saltzgaver – Grunion Gazette – The company that operates Long Beach’s oil islands has filed bankruptcy in the face of...
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512Oil & Gas NewsDenbury Resources to File Prepackaged Bankruptcy Plan
The Street – Denbury Resources (DNR) – shares rose Wednesday, after the oil and natural gas producer unveiled a prepackaged Chapter 11 bankruptcy...
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634InvestingCalifornia Resources Corp., leading oil and gas producer, files for Chapter 11 bankruptcy
Janet Wilson and Mark Olalde – Desert Sun – California Resources Corp., the state’s largest oil and gas production company with more...
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691Oil & Gas NewsChesapeake Energy Files for Chapter 11 Bankruptcy
By: Jack Money – The Oklahoman – Chesapeake Energy Corp. aims to whittle down a substantial amount of crippling debt through a...
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720NationalThe Oil And Gas Situation: The E&P Sector Faces A Reckoning
Forbes – Oil service companies are struggling as French giant Schlumberger announced on Wednesday that it will book a $1.4 billion charge against its...
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743Investing
Banks Cut Shale Drillers’ Lifelines as Losses Mount
By: Christopher M. Matthews and Andrew Scurria – The Wall Street Journal – Banks are slashing credit lines to shale drillers, as...
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494InvestingChesapeake preps bankruptcy plan to hand control to lenders
Bloomberg – Chesapeake Energy is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the...