Restructurings

Restructurings , Public Capital , Exploration & Production , Shale Plays , Trends

Alta Mesa Succumbs To Bankruptcy; Names Mark Castiglione CEO

Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.

September 12, 2019

Restructurings , Trends

Analysis: Bankruptcy Filings By US Energy Producers Pick Up Speed

Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Aug. 14.

August 14, 2019

Restructurings , Public Capital , Unconventional , Shale Plays

Sanchez Energy Files For Chapter 11 Bankruptcy Protection

The independent E&P focused on the Eagle Ford joins a growing list of companies filing bankruptcy.

August 12, 2019

Restructurings , Exploration & Production , Shale Plays

Vanguard Emerges From Bankruptcy As Grizzly Energy

Now named Grizzly Energy, the company emerges from bankruptcy with a narrowed focus on the Rockies, Permian and Midcontinent regions plus the elimination of more than $500 million debt.

July 18, 2019

Restructurings , Public Capital , Technology

Weatherford Plans For ‘Business As Usual’ During Bankruptcy

Oilfield service giant Weatherford International officially entered bankruptcy July 1 with a planned restructuring to clear up more than $5.8 billion of its long-term debt.

July 2, 2019

Restructurings , Public Capital , Unconventional , Shale Plays

Permian Basin Operator Legacy Reserves To Enter Chapter 11 Bankruptcy

Despite converting to a C-corp, Legacy Reserves has faced debt hurdles, which led the Midland, Texas-based oil and gas company to explore strategic alternatives.

June 14, 2019

Restructurings , Public Capital , Shale Plays , Trends

US Shale Producers Could Face Another Bankruptcy Wave

Investor pressure for financial discipline could be leaving some E&P companies with nowhere to go but back into bankruptcy.

June 10, 2019

Restructurings , Public Capital , Technology

Weatherford To File For Chapter 11 Bankruptcy

Oilfield services provider Weatherford International Plc, burdened by a heavy debt load and years of losses, said on May 10 it would file for Chapter 11 bankruptcy protection.

May 11, 2019

Restructurings , Midstream

Southcross Energy Commences Chapter 11 Reorganization

Company has $255 Million in committed financing and expects to continue operations.

April 1, 2019

Restructurings , Public Capital , Exploration & Production , Shale Plays

Vanguard Natural Resources Falls Back Into Bankruptcy

Vanguard Natural Resources filed for Chapter 11 protection on April 1, marking the second time the Houston-based E&P has entered bankruptcy since the 2014 oil crash.

April 1, 2019