All posts tagged "Bankruptcy"

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  342

  Oil & Gas News

  U.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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  205

  Investing

  Oasis 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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  369

  National

  Texas-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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  314

  Investing

  Operator 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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  429

  Oil & Gas News

  Denbury 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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  547

  Investing

  California 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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  572

  Oil & Gas News

  Chesapeake 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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  646

  National

  The 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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  641

  Investing

  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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  439

  Investing

  Chesapeake 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...