Ellen
Chang
Contributor
WhiteWater Midstream Adds Strategic Partners, Commitments To Delaware Basin Agua Blanca Pipeline
WhiteWater Midstream on May 2 announced the execution of multiple transportation and interconnect agreements for its Delaware Basin Agua Blanca pipeline, which is a joint venture between WhiteWater and WPX Energy (NYSE: WPX).
Seadrill's Bankruptcy Exit Plan Receives US Court Approval
Seadrill aims to expand relations with Schlumberger and other service firms following approval of its multibillion-dollar debt restructuring plan, CEO Anton Dibowitz told Reuters.
Breitburn Bankruptcy Exit Sign Energy Industry Is Rebounding
The turnaround of Breitburn, which encountered many hurdles during its two-year Chapter 11 bankruptcy, indicates ‘better times in the energy industry.’
Breitburn Exits Bankruptcy As New EIG-Backed Company
Breitburn said it successfully completed its Chapter 11 reorganization and emerged as Maverick Natural Resources, a newly-formed company owned and operated by EIG.
Cobalt’s US Gulf Of Mexico Bankruptcy Auction Pulls In $578 Million
The largest winning bid was a $339 million joint offer by Statoil and Total for Cobalt’s 60% operated interest in the North Platte discovery.
Scrimmage Line: Comstock Sells Eagle Ford; Picks Up Cowboys Owner’s Cash
Dallas Cowboys owner Jerry Jones will invest $75 million in Comstock, but analysts throw down a penalty flag on Comstock’s Eagle Ford Shale divestiture and dilutive refinancing efforts.
EV Energy Partners Files For Chapter 11 Bankruptcy
EV Energy Partners had current liabilities of $654 million and total current assets of $61.4 million in 2017, according to its latest filing.
Fieldwood’s Gambit: Noble Deal To Accelerate Bankruptcy Turnaround
Noble agreed to sell its Gulf of Mexico assets to Fieldwood Energy the same day Fieldwood sought bankruptcy protection to reduce its debt by $1.6 billion.
Breitburn Energy Bankruptcy Plan Denied In Blow To Elliott, WL Ross
The parties must now renegotiate a deal that would transfer Breitburn's Permian reserves to investors including Elliott and WL Ross through their participation in a $775 million rights offering.
US Vessel Operator Harvey Gulf International Marine Seeks Bankruptcy
Louisiana-based Harvey Gulf International Marine LLC, which has more than 50 vessels in its fleet and supplies offshore oil rigs among other services, filed for Chapter 11 bankruptcy in Houston.