Finance - Restructuring

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.

April 6, 2011

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.

March 18, 2011

Eagle Oil Holding Company Relaunches Business

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

March 9, 2011

Precision Petroleum Initiates Capital Reorganization

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

February 25, 2011

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.

February 15, 2011

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. 

October 1, 2010

PostRock Reports Private Equity Funding From White Deer Energy

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

September 8, 2010

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."

September 8, 2010

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