Restructurings

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

Restructurings , Public Capital , Renewables , Storage

PG&E Bankruptcy Threatens Major Battery Storage Project

The bankruptcy poses a threat to California's climate change ambitions by putting in limbo dozens of large solar, wind, and other clean energy projects PG&E has contracted with other companies.

March 25, 2019

Restructurings , Public Capital , IPO , Earnings

Report: E&P CEOs Salaries Rose 5% Last Year

Average total compensation for CEOs and CFOs at E&P companies increased last year vs. 2017 primarily due to the value of long-term incentives.

March 19, 2019

Restructurings , Public Capital , Deepwater

Delek Drilling Considers London IPO For Leviathan Gas Stake

Delek Drilling is considering listing its holdings in the Leviathan natural gas field off Israel's Mediterranean coast on the London Stock Exchange as part of a corporate restructuring.

March 18, 2019

Restructurings , Public Capital , Exploration & Production

PetroQuest Energy Emerges From Bankruptcy With New Board

PetroQuest Energy completed its Chapter 11 reorganization and emerged from bankruptcy with nearly $300 million of its debt cleared.

February 11, 2019