Finance & Investing | Default | Financial Trouble | Capital Markets
Camber Energy in Default with Lender
Print
|
Camber Energy has received the final notice of default from its lender, IBC.
The company is also out of compliance with the NYSE and has granted the Company a two-week extension to submit its plan of compliance addressing how it intends to regain compliance.
More Default News
California Resources Gets 30-Day Extension for Interest Payment
California Resources Corp. has entered into amendments for certain forbearance agreements, according to a recent SEC filing. The deadline for its next interest payment has been extended from…
Major Eagle Ford Operator Hints at Possible Default; Talks 2020 Capex, 13 Rigs
In what one could consider a move back to 2016, Chesapeake Energy Corp. is planning a 2020 capex program of $1.3 - $1.6 billion and 13 rigs. This…
Eagle Energy Inks Forebearance Agreement with Lenders
Eagle Energy Inc. has entered into a forbearance agreement with its lenders. The agreement concerns the loan and security agreement dated March 13, 2017. Due to low WTI…
PetroQuest Skips Out on Interest Payment; Enters 30-Day Grace Period
PetroQuest Energy reported that, in order to preserve liquidity, it has elected not to make the semi-annual interest payments totaling approximately $14.2 million due on August 15, 2018…
Vanguard Skips Out on $15 Million Interest Payment
Vanguard Natural Resources has elected not to make the approximately $15 million semi-annual interest payment due on October 3, 2016.
United States News
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…
2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…
Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…