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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.
As OPEC+ Meets This Week, UAE Emerges As Main Laggard
2020-09-16 22:00:00| OGI
The United Arab Emirates has emerged as a major laggard in delivering oil output cuts in August, figures used by OPEC+ showed on Sept. 16.
J.Crew emerges from Chapter 11 under new owner
2020-09-11 12:45:00| Daily apparel & textile news and comment - from just-style.com
US apparel retailer J.Crew Group has emerged from Chapter 11 with private equity firm Anchorage Capital Group, LLC as its new majority owner.
Tags: new
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Houston-based Bruin E&P Emerges from Bankruptcy with $230 Million Revolver
2020-09-08 19:05:00| OGI
Bruin E&P Partners also emerged from Chapter 11 bankruptcy with a newly constituted board of directors comprised of Kevin Asarnow, Mark Bisso, Richard J. Doleshek and Mike Wichterich as well as Bruin CEO Matt Steele.
Tags: million
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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
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