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Midstream Contracts: Flowing through Bankruptcy

2021-09-30 00:00:00| OGI

With careful structuring and drafting of agreements, midstream companies can increase their chances in surviving bankruptcy.

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Basic Energy Services Names Bankruptcy Auction Winners Including Houstons Ranger

2021-09-17 16:00:00| OGI

Houston-based Ranger Energy Services beat out the original stalking-horse bidder for the acquisition of Basics well servicing and completion and remedial segment assets outside of California through a competitive bankruptcy auction process.

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Intelsat plans to restructure its way out of bankruptcy

2021-08-26 02:00:00| Total Telecom industry news

In May 2020, veteran satellite operator Intelsat filed for bankruptcy. While the company’s shares had been struggling on the stock market for many years, the real motivation for the decision appeared to be directly tied to the FCC’s decision to shift satellite services from the 4.8 GHz (i.e., C-band) spectrum, in order that the spectrum might be used by terrestrial operators for 5G. In order to hasten the satellite operators’ transition, the FCC has offered major financial incentives…read more on TotalTele.com »

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LOccitanes Reorganization Plan Approved by US Bankruptcy Court

2021-08-25 15:10:55| Happi Breaking News

Company has streamlined its US store footprint.

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Berry to Acquire Basic Energy Services California Business in Bankruptcy Auction

2021-08-18 22:30:00| OGI

The transaction provides a growth opportunity for the E&P operator to play a larger role in plugging and decommissioning the significant portfolio of orphan and idle wells in California, estimated to be a $6 billion market, says Berry CEO Trem Smith.

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