Author: Joshua Mann

The company has found — amid the pandemic — that it doesn’t need as much office space as it might traditionally have thought.

This is the second time this year the company has fallen on the wrong side of NYSE rules.

The new director founded Lime Rock Resources back in 2005.

Liberty’s CEO isn’t sure yet where the headcount will end up once the company settles into the deal, though.

The company turned ownership over to its former creditors, though its previous stockholders get warrants to eventually buy it back.

For Judge David Jones, the biggest difference in overseeing a bankruptcy courtroom during a pandemic is the physical absence of lawyers, debtors, creditors — and pants.

The company got court approval for its prepackaged bankruptcy and is leaving the court with new ownership and new liquidity.

The company has cut its square footage and consolidated its space as it adapts to the new remote-working normal.

The company is constantly involved with acquisition conversations, the CEO said.

The deal aligns with Schlumberger’s long-established strategy.