Goodrich said it worked 'constructively' with its creditors and other stakeholders to emerge from bankruptcy with the same assets and substantially reduced total long-term debt and cost structure.
A U.S. Chamber of Commerce study found that the impacts of no shale oil and gas would be severe.
Once the leading U.S. natural gas play, the Haynesville is generating interest due to LNG and improved economics.
Michael L. Moss, vice president of business development at Rangeland Energy; andJohn LaRue, executive director of Port of Corpus Christi Authority.
Lackluster growth in domestic demand means that U.S. natural gas producers have to look to export markets for salvation.
Low crude prices and lack of gas-directed drilling bump up against growing demand. The result could be a price jump for U.S. natural gas.
Larry Prado, Hart Energy's activity editor, summarizes some of the recent action in dry shale gas basins by companies including Southwestern Energy, Newfield Exploration and Comstock.
The company raised its asset sales target to more than $2 billion from $1.2 billion-$1.7 billion as it looks to reduce its crippling debt burden and cope with weak oil and gas prices.
The news is the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia.
The Dallas company sold substantially all of its assets, which included about 95,000 net acres and 380 miles of associated gathering and processing infrastructure in North Louisiana and North Texas, to Aethon United for an undisclosed amount.