Author: Joshua Mann

The company cut production during the second quarter as oil prices dropped, but it has already begun bringing that production back online in certain regions.

Oil and gas deal activity was down dramatically in the first half of the year — here are some things that might change that.

The company has pushed back the end of its forbearance period with its creditors to Aug. 31.

The company plans to use some of the proceeds to pay down old debt notes due in the next few years.

Oil and gas deals have plunged amid Covid-19 uncertainty.

The company is planning to turn over ownership of the post-bankruptcy entity to its current creditors.

The company is preparing to sell or wind down its compression business.

An oil field services company that filed for bankruptcy earlier this week is looking to wind down its business and close facilities, which could result in hundreds of lost jobs.

Both companies reported net losses for the second quarter.