Joseph
Markman
Hart Energy
Chaparral Energy Reportedly Working with Debt Restructuring Advisers
Chaparral Energy has hired financial advisers for advice on how to improve its balance sheet, sources said, adding that no debt restructuring move is imminent.
Oil Crash Poses Extinction Risk for Some Shale Producers
A large part of the oil and gas industry will go into a “financial intensive care unit” over the next few months as shale producers enter survival mode, an expert says.
Shale Producer Gulfport Energy Reportedly Hires Restructuring Adviser
Gulfport Energy has lost four-fifths of its market value since the start of the year, and now has a market cap of $90 million.
Chesapeake Energy Hires Restructuring Advisers To Help With $9 Billion Debt
The collapse in oil and weak gas prices has further crippled Chesapeake Energy, the shale energy pioneer already facing a $9 billion debt pile.
Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say
A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.
McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology
Proceeds from the sale of Lummus Technology are expected to repay McDermott’s DIP financing in full, as well as fund emergence costs and provide cash to the balance sheet for long-term liquidity.
Surviving Beyond 2020: Capital Strategies For E&Ps
In a time of economic uncertainty and significant disruption, oil and gas producers need to take steps today in order to capture value now and in years to come.
From OGI Editor-In-Chief: Break It Down, Build It Back Right
After essentially five years of an ongoing downturn, the oil and gas industry is desperately seeking solace.
Bankruptcy Risks Rise For US Shale
Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.
Southcross Energy Emerges From Bankruptcy As Eagle Ford Focused Company
After filing for bankruptcy as an MLP based in Dallas, Southcross Energy reorganized into a Houston-based privately held company focused on gathering and processing in the Eagle Ford Shale.