Banruptcy

Chesapeake Cleared by Bankruptcy Court to Sell Midcontinent Assets

Chesapeake Cleared by Bankruptcy Court to Sell Midcontinent Assets

A court has authorized Chesapeake Energy Corp. to sell its Midcontinent assets and approved procedures to get the process started.  Under an order issued by the U.S. Bankruptcy Court for the Southern District of Texas, Chesapeake has until Oct. 22 to designate a stalking horse bidder that would set the bar for the value and…

October 12, 2020

Ascent Resources Marcellus Affiliates File for Bankruptcy

Ascent Resources Marcellus Holdings LLC and its subsidiaries (ARM), successor companies that had their beginnings with the late Aubrey McClendon, have filed for Chapter 11 bankruptcy protection.

February 8, 2018