The Department of the Interior’s Bureau of Land Management (BLM) announced Friday that it will suspend coal leasing on federal lands pending a “comprehensive review” of the program.
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Articles from Bankruptcy
Swift Energy Files for Bankruptcy Protection; Terry Swift Stepping Down as Chairman
Houston-based Swift Energy Co., whose primary operations are in the Eagle Ford Shale and Louisiana, filed for voluntary bankruptcy protection in the waning hours of 2015, and has begun a restructuring process that includes turning over control of the company and selling assets.
As Magnum’s Eureka Pipeline Grows, System Could Play Role in Bankruptcy
A day before its parent company, Magnum Hunter Resources Corp., entered Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware, Eureka Hunter Pipeline LLC again announced record throughput on its Appalachian gathering system.
Magnum Hunter Files For Bankruptcy Protection, Hopes to Restructure
After a year of steep losses, dwindling cash flow and growing debt, Magnum Hunter Resources Corp. said Tuesday that it has filed for Chapter 11 bankruptcy protection in a final effort to restructure the company and clean up its balance sheet.
North American E&Ps in Bankruptcy Carry Estimated $13B in Debt, Firm Says
Thirty-six North American exploration and production (E&P) companies have filed for Chapter 11 bankruptcy protection to date this year and more are expected to file before the end of the year, according to a report by Haynes and Boone LLP.
Low Oil/Gas Prices Yield Bankruptcy, Share Offering, Some Forbearance
Tough times are continuing for oil/gas producers and related companies as their finances feel the pinch from fallen oil prices.
Low Oil/Gas Prices Yield Bankruptcy, Share Offering, Some Forbearance
Tough times are continuing for oil/gas producers and related companies as their finances feel the pinch from fallen oil prices.
Energy Future Holdings Bankrupt, Blown Down by Shale Gale
Texas power company Energy Future Holdings Corp. (EFH) — the product of a 2007 leveraged buyout that was the largest ever — filed for bankruptcy after years of struggling against the shale gale, which drove down prices for electricity as well as gas.
New York AG Seeks Dismissal of Frack Delay Lawsuit
New York Attorney General Eric Schneiderman has filed a motion to dismiss a lawsuit filed against Gov. Andrew Cuomo and two state officials over the ongoing regulatory delay for considering high-volume hydraulic fracturing (HVHF) in the Empire State.
Legal Maneuver Launched to End New York Fracking Delay
An attorney hired by two companies navigating their way through bankruptcy court has demanded that the New York Department of Environmental Conservation (DEC) complete a supplemental generic environmental impact statement (SGEIS) on high-volume hydraulic fracturing (HVHF) within two weeks or face additional legal proceedings.