All posts tagged "Bankruptcy"

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  169

  Exploration

  Few U.S. shale firms can withstand prolonged oil price war

  Reuters – For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and...

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  223

  Investing

  Bankruptcy risks rise for US shale

  Financial Times – Bankruptcy risks in the US shale sector are rising, with weak oil prices and tightening access to credit worsening...

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  514

  Investing

  Oil Bankruptcies Are Piling Up

  Robert Rapier – Forbes – Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and...

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  427

  Investing

  Oil industry looks forward to more mergers—and more bankruptcies

  KEY POINTS In the past decade, U.S. oil production has grown dramatically, leapfrogging Saudi Arabia and Russia, but with that quick growth...

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  862

  Exploration

  Houston Bankruptcy Court Holds Midstream Gathering Agreements Cannot Be Rejected As Executory Contracts

    THE DISPUTE  By: K&L Gates – On November 8, 2019, Alta Mesa Resources, Inc. (“Alta Mesa”) and Kingfisher Midstream, LLC (“Kingfisher”)...

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  1.6K

  Investing

  Superior Energy Services latest casualty of hydraulic fracturing market downturn

  Reuters – Oilfield service company Superior Energy Services Inc. on Monday said it will shutter its hydraulic fracturing unit, the second supplier...

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  505

  Oil & Gas News

  U.S. shale firms cut budgets, staff as oil-price outlook dims

  ODESSA, Texas (Reuters) – Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts...

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  1.5K

  Exploration

  White Star Petroleum Seeks Bankruptcy Protection

  Wall Street Journal – By Becky Yerak –White Star Petroleum LLC, founded by late oilman Aubrey McClendon, filed Tuesday for chapter 11, days...

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  709

  Oil & Gas News

  Vanguard divests over $60 million in assets

  On May 9th Vanguard Natural Resources Inc. continued its divestiture plans with multiple agreements to divest noncore assets for gross proceeds of...

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  836

  National

  Bankruptcies Slow Down For Now

  Haynes and Boone has tracked 123 North American oil and gas producers that have filed for bankruptcy since the beginning of 2015....