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California Resources Enters Bankruptcy to Finally Resolve Occidental-inherited Debt

2020-07-16 15:30:00| OGI

California Resources said it entered a restructuring support agreement with key creditors that will eliminate over $5 billion of debt and mezzanine equity interest.

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Marketed: Maverick Natural Resources Indiana, Kentucky Package

2020-07-15 21:30:00| OGI

Maverick Natural Resources LLC retained EnergyNet for the sale of certain oil and gas properties and related assets located in Indiana's Harrison County and Kentucky's Meade County.

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Marketed: Stranded Oil Resources Teapot Dome Stacked-Pay Opportunity

2020-07-10 19:15:00| OGI

Stranded Oil Resources Corp. retained PetroDivest Advisors to market for sale its oil and gas properties, leasehold and related assets in Wyoming's Natrona County representing a basin-wide exit.

Tags: resources opportunity oil stranded

 

Rosehill Resources to Join Growing Number of E&P Bankruptcies

2020-07-03 17:00:00| OGI

After exploring all strategic and financial options available to Rosehill, CEO David French said the company agreed to a restructuring plan with its major creditors, which includes filing for Chapter 11 bankruptcy, .

Tags: number join resources growing

 

PATH FORWARD: CEO Justin Love on Blackbuck Resources Unique Position

2020-07-02 11:30:00| OGI

Blackbuck Resources CEO Justin Love says a unique background and being debt-free has allowed opportunities for the Houston-based midstream company through this tumultuous time. 

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