Houston-based upstream energy co. considers bankruptcy, other options

Houston-based Halcón Resources Corp. has changed its name to Battalion Oil Corp., according to a Jan. 27 press release. The upstream energy company expects to be listed on the NYSE American within the next several weeks. Previously, Halcón c.....»»

Houston-based Halcón Resources Corp. announced after markets closed Oct. 8 that it had emerged from bankruptcy. The upstream energy company's financial restructuring eliminated more than $750 million in debt and more than $40 million of annual interes.....»»

Houston-based Gastar Exploration Inc. (OTCQB: GSTC) will soon file for Chapter 11 bankruptcy protection to implement a new restructuring plan.  The upstream energy company announced in a late Oct. 26 press release that it reached a restructuring.....»»

Arkansas-based Murphy Oil Corp. (NYSE: MUR) is closing its current headquarters and an office in Canada and will consolidate those operations into its office in Houston, where it will now be headquartered. The decision to make Houston Murphy's new headq.....»»

France-based Total SA (NYSE: TOT) has joined the ranks of many other upstream companies in cutting its spending plans for 2020 to better fit the realities of the market. Total’s U.S. headquarters is in Houston. The company now plans to spend le.....»»

Two Dallas-based private equity firms are backing a new Houston upstream oil and gas company, Eagle Mountain Energy Partners LLC. Eagle Mountain was founded with backing from Pearl Energy Investments and NGP Energy Capital, according to Jan. 29 press rel.....»»

Fort Worth-based Southland Royalty Company LLC has filed for Chapter 11 bankruptcy protection.  The oil and gas company, backed by Houston-based EnCap Investments LP, owes about $540 million to a revolving credit facility, according to a bankruptcy.....»»

Fort Worth-based Southland Royalty Company LLC has filed for Chapter 11 bankruptcy, legal filings show.  The oil and gas company, backed by Houston-based EnCap Investments LP, owes about $540 million to a revolving credit facility, according to le.....»»

A key feature of a Houston-based energy company's bankruptcy deal received judicial approval despite opposition from a group of its lenders......»»

A new executive at Houston-based Airswift Holdings Ltd. said his company has managed to avoid many of the negative impacts of a wave of bankruptcies sweeping over the U.S. upstream oil and gas business......»»

After emerging from bankruptcy and appointing a new chief operating officer Oct. 8, a Houston-based energy company has revealed what the COO will be making......»»

Houston-based EP Energy Corp. filed bankruptcy at close to midnight Oct. 3 as its forbearance agreements with creditors ran dry and the full weight of default was ready to come down. EP, an oil and gas exploration and production company, is bringing .....»»

Struggling Houston-based energy company Alta Mesa Resources Inc. (Nasdaq: AMR) and six affiliated companies have filed voluntary Chapter 11 bankruptcy petitions on Sept. 11. Alta Mesa's midstream platform, Kingfisher Midstream LLC, and its subsid.....»»

London-based BP PLC, which has its U.S. operations based in Houston, is trimming its employee count. The energy giant plans to reduce its upstream workforce by about 3 percent worldwide to increase efficiency and competitiveness, according to a s.....»»

The holding company for Houston-based AFGlobal Corp. is going public about a year after emerging from bankruptcy. AFG Holdings Inc. announced July 9 that it commenced an initial public offering of 18.2 million shares of its common stock, which it pl.....»»

The largest oil company in the eastern end of the Eagle Ford Shale is expanding its presence. Houston-based WildHorse Resource Development Corp. closed two deals to buy 20,305 net acres of Eagle Ford, Austin Chalk and other oil leases in Burleson.....»»

The combined company will keep its principal executive office in the Netherlands and remain operationally headquartered in Houston, just like Frank's......»»

The Houston-based company, which operates 738 stores in 42 states under the Palais Royal, Gordmans and other nameplates, is the third major retailer to file for bankruptcy in the past week......»»

The Houston-based company, which operates 738 stores in 42 states under the Palais Royal, Gordmans and other nameplates, is the third major retailer to file for bankruptcy in the past week......»»

Houston-based Stage Stores Inc. (NYSE: SSI), which owns several department store brands, has filed for Chapter 11 bankruptcy protection and is looking to sell its business. The bankruptcy filing, which was anticipated as early as February, comes les.....»»