Author: Joshua Mann

This marks the second consecutive quarter for massive bankruptcy debt in the Houston court.

The company’s new board was installed by term lenders after a default.

The project now has until 2026 to complete.

The company filed for Chapter 11 protection on Oct. 12.

The company is bringing more than $700 million in debt to the court.

The company had to turn over all its ownership to creditors as part of the restructuring.

Political action committees organized by Houston’s 10 largest energy employers have donated more than $2 million to candidates for federal office since the start of 2019. That’s about 66% more than the comparable figure donated by employees at those co…

All of the former executives charged left SAExploration between August 2019 and September 2020.

The company didn’t file its annual financial results by the September deadline.

The storm has caused a slew of companies to evacuate assets and shut down production in the Gulf of Mexico and along the coast.