Houston driller lays off Louisiana employees
The company was performing layoffs in Louisiana at the same time it was letting employees go in Texas.
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The company was performing layoffs in Louisiana at the same time it was letting employees go in Texas.
Read MoreThe company is bringing more than $500 million in secured debt to the Houston court.
Read MoreFred Zeidman has also worked on a number of campaigns, including George W. Bush’s run for governor and Sylvester Turner’s mayoral run.
Read MoreThe company has been closing facilities and laying off thousands of people in Texas and Oklahoma in recent months.
Read MoreThe company has a stalking horse bidder already lined up.
Read MoreCompanies along Houston’s coast are pausing their large investment projects until uncertainty evaporates and demand returns.
Read MoreThere are some bright spots appearing for the economy and energy industry, but there’s still so much uncertainty about whether another wave of infection will suppress demand again.
Read MoreThe company will employ 250 people for construction.
Read MoreThe company spent the first three months of the year trying to negotiate with its lender and equity holder.
Read MoreThe company is trying to sell its Houston site, but if it can’t it will lay off employees there.
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