Finance - Restructuring


Baron Energy Restructures Bank Debt

CEO Ronnie Steinocher: "This new loan...should also be seen as a significant and positive step forward for assisting with the implementation of our pending acquisitions."

Wed, 09/08/2010 - 08:40

PostRock Reports Private Equity Funding From White Deer Energy

White Deer will purchase $60 million of the company's 12% cumulative redeemable preferred stock.

Wed, 09/08/2010 - 15:00

Cano Reports On Cash-Flow Maximization Plan, Strategic Review

The company has reduced the size of its board from six independent directors to two independent directors. 

Fri, 10/01/2010 - 09:05

Best Energy Services Seeks Chapter 11 Protection

The company has 25 workover rigs based in Liberal, Kansas, that service the Hugoton Basin and Central Kansas Uplift.

Tue, 02/15/2011 - 13:30

Precision Petroleum Initiates Capital Reorganization

The company has decreased its total liabilities from $1.3 million as of Sept. 30, 2010 to $531,000. 

Fri, 02/25/2011 - 09:30

Eagle Oil Holding Company Relaunches Business

The company is relaunching its oil production business to take advantage of near record prices for crude oil.

Wed, 03/09/2011 - 12:10

Epic Energy To File For Bankruptcy Protection

Epic Energy has also reached an agreement in principal with the debenture holders to provide the company with a debtor-in-possession financing during the reorganization.

Fri, 03/18/2011 - 09:10

Trico Further Extends Acceptances Of Reorganization Plan

The company has extended the deadline for submitting ballots to accept or reject the prepackaged plan of reorganization to 5:00 p.m. Eastern Time on April 18.

Wed, 04/06/2011 - 10:50

Paxton To Acquire Troubled Louisiana Oil Company

Virgin is currently a debtor in possession under a Chapter 11 proceeding.

Tue, 05/03/2011 - 09:00

The Beard Co. Updates On Restructuring Plan; Elects Interim CEO

At year-end 2010, the board elected to make some radical changes and cost reductions under a major Restructuring Plan.

Fri, 05/13/2011 - 08:30

Cross Border Resources Announces Strategic Alternative Review

To assist in the review process, Cross Border has engaged KeyBanc Capital Markets as its financial advisor.

Thu, 02/09/2012 - 15:08

Platinum Energy Closes Senior Note Exchange

An aggregate of $172.8 million in principal amount, or 99.8%, of the Existing Notes were tendered in the exchange offer, which expired on March 9.  

Thu, 03/22/2012 - 10:54