OklahomaMinerals.com
All posts tagged "Bankruptcy"
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108InvestingOperator 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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235Oil & 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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346InvestingCalifornia 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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399Oil & 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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510NationalThe 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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525InvestingBanks 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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355InvestingChesapeake 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...
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441NationalUnit Corp. files for bankruptcy as energy firms continue to struggle
The Oklahoman – Unit Corp. files BK. – The energy pricing shock caused by an economic shutdown because of the COVID-19 pandemic...
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386ExplorationJoint Interest Billings – Not Paying the Piper
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
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2.9KInvestingU.S. banks prepare to seize energy assets as shale boom goes bust
Reuters – Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time...