Exploration Company Bankruptcies
The price downturn has finally pushed exploration companies to resort to bankruptcy. According to The Dune, the following companies have filed for bankruptcy protection: RAAM Global Energy Endeavour...
View ArticleTexas Oil & Gas Bankruptcies filed in Texas 2016
Here is a list of bankruptcy cases filed in Texas federal bankruptcy courts this year, from the Houston Business Journal, compiled by Haynes & Boone: Energy bankruptcies filed in Texas courts in...
View ArticleCan a Gathering Agreement Survive the Bankruptcy of the Producer?
The oil and gas industry is at the beginning of a significant downturn. Oil and gas prices are down, supply is up, demand is flat. Another in the never-ending cycle of a boom-and-bust industry, now...
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Royalty Owners’ Rights in Bankruptcy
Another recent bankruptcy court ruling may bode ill for producers and royalty owners in Texas in light of the collapse of oil prices and increased risks of bankruptcy of producers and oil purchasers....
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Another Bankruptcy Court Weighs In On Rejection of Gas Contracts
On October 28 Judge David Jones, US Bankruptcy Court for Southern District in Houston, issued a memorandum opinion in Chesapeake Energy’s bankruptcy (Case No. 20-33233), granting Chesapeake’s motion to...
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