Top Story | Bankruptcy / Restructure Update | Financial Trouble | Capital Markets
STACK-Focused Chaparral Energy Files Chapter 11 Again
Email
Print 
Bookmark
STACK focused Chaparral Energy has filed for Chapter 11 bankruptcy again. This is the second time the company has filed in four years.
As of the first quarter, the company had $400 million in net debt. Back in May, the company issued a statement citing growing concern (first sign of impending bankruptcy), suspended drilling and began exploring options for the company.
Back in April the company also awarded bonuses to the executives, a trend that seems picking up stream where company management is awarded millions in bonuses just before filing for bankruptcy.
Other STACK/Oklahoma focused E&Ps to file bankruptcy include:
- Alta Mesa
- Tapstone
- Templar Energy
- Echo Energy Partners
Related Categories :
Bankruptcy - Filing
More Bankruptcy - Filing News
-
ION Geophysical Files for Bankruptcy
-
Basic Energy Services Files for Bankruptcy; Inks Stalking Horse Deals
-
HighPoint Files Chapter 11 Ahead of Merger with Bonanza Creek
-
SCOOP / STACK Operator Files for Bankruptcy
-
Superior Energy Services Files for Bankruptcy
Mid-Continent News >>>
-
ConocoPhillips to divest Anadarko Basin asset for $1.3B -
-
Liberty Energy: Navigating the Frac Downturn with Efficiency, Innovation, and Strategic Focus -
-
Baker Hughes Solid Y/Y Performance Amidst US Frac Market Slowdown -
-
Halliburton Warns of Deepening U.S. Frac Slowdown -
-
PE Firm Seeds Four New E&P Startups in Strategic Push In 2025 -
Mid-Continent - Anadarko Basin News >>>
-
Schlumberger Shows Steady Resilience Amid Market Volatility -
-
Gulfport Touts Super Long Lateral and Strategic Pivot To Gas Asset
-
Coterra Energy – 2025 Development Summary -
-
Intel Bits : E&P Operators Cut Frac Crews/ Rigs For Remainder of 2025; A Detailed Look
-
Liberty Energy Reducing Frac Fleets As Market Activity Slows; Talks 2025 -
