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Tag: oil producer
US Oil Producer Hess Reportedly Cutting About 10% of Workforce
2020-08-15 00:30:00| OGI
Hess, which had about 1,770 employees as of Dec. 31, dismissed about 165 full-time workers this week and terminated an undisclosed number of contract employees, according to people familiar with the matter.
Private Oil Producer Remora Petroleum Files for Chapter 11 Bankruptcy
2020-08-13 23:30:00| OGI
Remora Petroleum, an Austin, Texas-based private E&P company focused on mature, long-lived producing properties, listed approximately $85 million in debt.
Tags: private
files
oil
chapter
US Oil Producer Denbury Resources Files for Bankruptcy Protection
2020-07-29 18:00:00| OGI
Texas-based Denbury Resources joins a growing wave of companies in oil and gas industry to buckle due to low oil prices.
Tags: resources
files
protection
oil
Colorado Shale Producer Extraction Oil & Gas Enters Bankruptcy
2020-06-15 15:25:00| OGI
Extraction Oil & Gas is the second largest U.S. shale producer to file for bankruptcy since the oil market collapse driven by the COVID-19 pandemic.
Tags: gas
oil
colorado
producer
Oklahoma Oil Producer Chaparral Energy Raises Going Concern Doubts
2020-05-12 11:10:00| OGI
Reuters reported in March Oklahoma oil and gas producer Chaparral Energy was working with debt restructuring advisers as it looks to shore up its cash position.
Tags: energy
oil
concern
oklahoma