Author: Joshua Mann

The present oil and gas market is far different from the one Weatherford came out of bankruptcy into back in December.

The company filed for bankruptcy protection at the end of August, and it plans to emerge on a 70-day timeline.

“This is not something any of us want to hear, but I don’t think I’m unique in saying this, … it’s not going to be a short-lived downturn.”

Albany, New York-based Key Capture Energy is growing its Houston office as it begins to move on larger-scale projects in the Lone Star State.

Key is preparing to begin construction in the fall on three Texas projects to build utility-scale battery pow…

One of Arena Energy’s co-founders and managing directors is partnering with a private equity firm to buy its assets out of bankruptcy.

The offshore company had been dealing with a turbulent market for years, but the Covid-19 pandemic exacerbated those problems.

The awards will vest in 2023.

The company’s inaugural fund has the flexibility to make equity or credit investments, primarily targeting the upstream and midstream sectors.

The company is already in the midst of a bankruptcy that will wind down or sell its business lines.

The restructuring support agreement that Lilis brought to Houston’s bankruptcy court originally included a new investment — but that plan has now changed.