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Tag: bankruptcy
Eagle Ford Shale Producer Lonestar Resources Files for Chapter 11 Bankruptcy
2020-10-01 11:15:00| OGI
Lonestar Resources' assets and liabilities were in the range of $500 million to $1 billion, according to a court filing in the U.S. Bankruptcy Court for the Southern District of Texas.
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files
ford
chapter
Shale Producer Oasis Petroleum Files for Bankruptcy
2020-09-30 11:25:00| OGI
"Due to historically low global energy demand and commodity prices, we determined it is best for Oasis Petroleum to take decisive action to strengthen our liquidity," CEO Thomas Nus says.
Tags: files
producer
bankruptcy
petroleum
Opinion: Rising Bankruptcy Toll Shows US Oil Patch Is Not OK Now
2020-09-22 21:00:00| OGI
Business failures pile up despite Donald Trump trumpeting the oil and gas sectors recovery.
Denbury Resumes Trading on NYSE after Emerging from Bankruptcy
2020-09-22 19:15:00| OGI
Denbury will now focus on leveraging its expertise and strategic assets into an emerging carbon capture, use and storage business following completion of its financial restructuring, CEO Chris Kendall says.
Tags: trading
emerging
bankruptcy
resumes
Ultra Petroleum Emerges from Bankruptcy as Privately Held UP Energy
2020-09-21 11:05:00| OGI
After struggling with nearly $2 billion of debt left on its balance sheets despite a previous restructuring, Ultra Petroleum, one of the largest oil and gas drillers in Wyoming, voluntarily filed for Chapter 11 bankruptcy in May.
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