Finance - Restructuring


Quicksilver, Unable To Sell Assets, Files For Bankruptcy Protection

With acreage the Barnett Shale, Delaware Basin and Horn River Basin, the company wants to reorganize and is continuing to pay vendors, maintain payroll.

Darren Barbee
Thu, 03/19/2015 - 10:03

Quicksilver Resources Seeks Bankruptcy Protection

Operations in the U.S. and Canada will not be interrupted due to the filings, and motions were filed with the court to ensure their continuation.

Tue, 03/17/2015 - 17:04

Global Geophysical Services Emerges From Bankruptcy

About $32 million in second-lien financing was also part of the exit financing.

Tue, 02/10/2015 - 16:59

Endeavour Appoints Baggett As Chief Restructuring Officer

David C. Baggett is managing partner of Opportune LLP, which Endeavour is working with during a financial restructuring, the company said.

Tue, 10/07/2014 - 09:59

Lucas Energy Restructures Loan

The restructuring will "bolster liquidity," said Anthony C. Schnur, CEO.

Fri, 05/02/2014 - 14:36

Lone Pine Resources Ends Financial Restructuring

As a result of the previously announced restructuring, Lone Pine whittled long term debt to CA $90 million, down from CA $395 million, the company said.

Fri, 01/31/2014 - 15:54

Name Change, Stock Symbol Mark Breitling Energy Corp.’s Formation

The name change and receipt of the stock symbol end the Dec. 9, 2013 asset purchase agreement between Bering Exploration and Breitling Oil and Gas Corp., the company said.

Wed, 01/22/2014 - 14:26

Bank Of America Resigns Trusteeship Of Permian Basin Royalty Trust

The Bank nominated Forth Worth-based Southwest Bank as successor

Thu, 01/09/2014 - 15:25

Endeavour International Corp. To Refinance Revolving Credit, Reimbursement

Company is in talks with lenders

Tue, 01/07/2014 - 16:35

Dakota Plains Announces Debt Restructuring

Dakota Plains plans to decrease its total promissory notes outstanding from $26.6 million to $7.7 million.

Wed, 12/11/2013 - 10:00

Alexander Energy Enters Recapitalizaiton Financing

The recapitalization provides for a non-brokered private placement, the appointment of a new management team and board of directors, and a rights offering to current holders.

Fri, 12/06/2013 - 08:45

Big Sky Restructures Capital, Management

Milton Cox has tendered his resignation as both the CEO and director; Sam Nastat has been appointed as the CEO and president.

Wed, 12/04/2013 - 09:40