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Tag: bankruptcy
Shale Producer Whiting Petroleum Emerges from Bankruptcy
2020-09-02 00:35:00| OGI
Whiting Petroleum had become the first publicly traded shale producer to file for bankruptcy in April after the historic crash in crude prices in the previous month.
Tags: producer
bankruptcy
petroleum
emerges
Texas-based Pressure Pumper FTS International to File for Bankruptcy
2020-08-24 20:35:00| OGI
Fort Worth, Texas-based pressure pumper FTS International plans to voluntarily file for bankruptcy in the coming weeks to implement a prepackaged Chapter 11 plan of reorganization it says will pave the way for future strategic growth.
Tags: international
file
pressure
bankruptcy
E&P Bankruptcy Sales: Pros, Cons of Stalking-Horse Bidders
2020-08-24 18:00:00| OGI
The opportunity to acquire oil and gas assets out of bankruptcy has grown in the current downturn, however, a panel of experts say buyers should be prepared to act early and quickly.
Tags: sales
bankruptcy
pros
cons
Permian Basin Operator Lilis Energy to Pursue Bankruptcy Sale
2020-08-19 18:25:00| OGI
Permian pure-play Lilis Energy is pursuing a process to sell substantially all of its assets through the Chapter 11 process, which may be pursuant to section 363 of the bankruptcy code or a Chapter 11 plan.
Tags: sale
energy
operator
pursue
Auctioneers see surge in Covid-19 bankruptcy sales
2020-08-18 01:00:18| BBC News | Business | UK Edition
Auction firm reports "busiest month in 52 years" as stock is sold from businesses going bankrupt.
Tags: sales
bankruptcy
surge
auctioneers
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