Haynes And Boone

Even at Higher Oil Prices, More North American E&Ps Predicted to Seek Bankruptcy Protection

Even at Higher Oil Prices, More North American E&Ps Predicted to Seek Bankruptcy Protection

Nineteen North American exploration and production (E&P) operators have filed for bankruptcy protection since the start of the year, and it is “reasonable to expect” more companies will seek protection from creditors in the months to come, according to Haynes and Boone LLP.

June 3, 2020
North American E&Ps Facing Debt Challenges Again as Natural Gas, Oil Prices Languish

North American E&Ps Facing Debt Challenges Again as Natural Gas, Oil Prices Languish

Natural gas prices continue to languish and oil prices have failed to strengthen despite recent geopolitical events, indicating more North American energy operators may face restructuring or bankruptcy through the first half of 2020, according to Haynes and Boone LLP.

January 23, 2020
North American E&Ps Facing Debt Challenges Again as Natural Gas, Oil Prices Languish

North American E&Ps Facing Debt Challenges Again as Natural Gas, Oil Prices Languish

Natural gas prices continue to languish and oil prices have failed to strengthen despite recent geopolitical events, indicating more North American energy operators may face restructuring or bankruptcy through the first half of 2020, according to Haynes and Boone LLP.

January 23, 2020

And the Survey Says: Producers Facing Rough Fall Redetermination Season

For the first time in three years, oil and natural gas producers are expected to see their borrowing bases decline as credit availability contracts on a worsening outlook for commodity prices, according to a survey of 221 industry respondents conducted last month by Haynes and Boone LLP.

October 7, 2019