Seventy

Seventy Seven Energy Files For Chapter 11 Bankruptcy

Seventy Seven Energy Files For Chapter 11 Bankruptcy

Seventy Seven Energy Inc., the onshore oilfield services business spun off from Chesapeake Energy Corp. less than two years ago, said Tuesday it has filed a pre-packaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.

June 7, 2016

Seventy Seven to Restructure, Convert $1.1B of Debt to Equity

Seventy Seven Energy Inc., the onshore oilfield services business spun off from Chesapeake Energy Corp., said Tuesday it plans to restructure under a prepackaged voluntary bankruptcy protection plan to be filed in May after reaching agreement with lenders.

April 19, 2016

Seventy Seven to Restructure, Convert $1.1B of Debt to Equity

Seventy Seven Energy Inc., the onshore oilfield services business spun off from Chesapeake Energy Corp., said Tuesday it plans to restructure under a prepackaged voluntary bankruptcy protection plan to be filed in May after reaching agreement with lenders.

April 19, 2016

Pennsylvania Official Defends Tax, Urges Producer ‘Excellence’

Seventy to 80 percent of Pennsylvanians support a reasonable severance tax and that tax is necessary to ensure that all the state’s citizens benefit from the economic boost generated by production of Marcellus shale gas, John Hanger, secretary of the Pennsylvania Dept. of Environmental Protection (DEP), told a gathering of about 350 producers Tuesday.

September 6, 2010

Pennsylvania Official Defends Tax, Urges Producer ‘Excellence’

Seventy to 80 percent of Pennsylvanians support a reasonable severance tax and that tax is necessary to ensure that all the state’s citizens benefit from the economic boost generated by production of Marcellus shale gas, John Hanger, secretary of the Pennsylvania Dept. of Environmental Protection (DEP), told a gathering of about 350 producers Tuesday.

September 1, 2010