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Tag: bankruptcy
Sundance Energy Emerges from Bankruptcy as Privately-held Independent E&P
2021-04-26 11:00:00| OGI
Eagle Ford Shale producer Sundance Energy emerged from the Chapter 11 protection voluntarily initiated in early March after having eliminated over $250 million of funded debt obligations.
Tags: independent
energy
bankruptcy
emerges
Midstream Business: Sector Contends With A Producer Bankruptcy Wave
2021-04-20 10:00:00| OGI
The midstream sector escaped 2020 with no bankruptcies but is struggling with sweeping counterparty risks if existing contracts are thrown out or renegotiated in E&P bankruptcy settlements.
Tags: business
sector
wave
producer
Oil and Gas Investor Post Bankruptcy Strategies: The Great Wipeout
2021-04-13 10:00:00| OGI
In 2020, companies entered bankruptcy after a sudden plunge in oil and gas prices and, unlike the downturn six years ago, many emerged with nearly pristine balance sheets. But for what end?
HighPoint Resources Receives Quick Approval for Prepackaged Bankruptcy Plan
2021-03-22 10:05:00| OGI
The prepackaged plan includes approval of Denver-based HighPoint Resources pending $376 million merger with Bonanza Creek Energy Inc., which the companies had agreed to last November.
Tags: plan
resources
quick
approval
DJ Basin Operator HighPoint Resources Files for Chapter 11 Bankruptcy
2021-03-15 10:27:22| OGI
HighPoint Resources Corp. has filed voluntary petitions under Chapter 11 of the Bankruptcy Code on March 14 in the United States Bankruptcy Court for the District of Delaware.
Tags: resources
files
chapter
operator
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