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.
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.
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.
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.
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.
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.
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.
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.
Restructurings , Midstream
Southcross Energy Commences Chapter 11 Reorganization
Company has $255 Million in committed financing and expects to continue operations.
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.