News & Analysis as of

Oil & Gas Restructuring

BakerHostetler

Bankruptcy Courts Contemplate Debtors' Rejection of Real Property Covenants in Midstream Contracts

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ver the past four years, midstream firms have struggled to adapt their long-standing practices and adjust their long-held expectations, which were fundamentally disrupted by the outcome of the landmark bankruptcy case, In re...more

Opportune LLP

Is There Signs Of Life In A&D Activity?

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Is A&D activity picking up in the upstream oil and gas sector and, if so, is now the right time to find attractive deals? ...more

Opportune LLP

Avoiding Tax Consequences During Oil & Gas Restructurings

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Many oil and gas companies and their investors are looking at declaring bankruptcy, which creditors may think they’re ready for. But, they must take income tax considerations into account, says Opportune LLP Managing Director...more

Robins Kaplan LLP

Financial Daily Dose 4.21.2020 | Top Story: Oil Prices Dip to Negative as Global Demand Dries Up During Pandemic

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Monday saw U.S. oil prices take an unprecedented plunge into negative territory, as “concerns grew that storage tanks in the United States were near capacity and unable to hold all the unused code” (with the “bizarre movement...more

Akin Gump Strauss Hauer & Feld LLP

2019 Energy Year in Review

(Houston) – Akin Gump is pleased to announce it has released its “2019 Energy Year in Review,” which examines the current state of the global energy market and highlights the energy matters with which the firm was involved...more

Akin Gump Strauss Hauer & Feld LLP

Preparing for a Joint Venture Partner’s Bankruptcy in the Aftermath of COVID-19 and an Oil Price Collapse

As the U.S. energy industry comes to grips with the most dire economic crisis in its history, wrought by an invisible virus and global oil price war, and with many exploration and production (E&P) producers substantially...more

Opportune LLP

4 Trends To Watch in the Upstream Oil & Gas Industry in 2020

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What are the top upstream oil and gas trends to look out for in 2020?  Although recent events in the Middle East are still volatile, it seems the oil price rally is over for now. Prices are more or less back to where they...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2019 #3

More, Deeper Wells Planned for Existing Marcellus Site in Washington Township - "CNX has applied to the state Department of Environmental Protection for a permit to drill four new wells to tap natural gas from Utica shale...more

Hogan Lovells

French Legal and Regulatory Update - January 2017

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The Paris office of Hogan Lovells is pleased to provide this English language edition of our monthly e-newsletter, which offers a legal and regulatory update covering France and Europe for January 2017. 1. Audovisual...more

McGuireWoods LLP

R&I Update: Hot Topics in Oil and Gas Restructurings, Volume 5: Delaware Bankruptcy Court Sends Covenant Question to North Dakota

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Like the wild prairie rose that punctuates the North Dakota plains, the issue of whether a debtor can reject its midstream agreements is back after a brief period of dormancy. In Hot Topics in Oil and Gas Restructurings,...more

McGuireWoods LLP

R&I Update: Hot Topics in Oil and Gas Restructurings, Volume 4: Apache Oil’s Discovery in the Permian Basin — Will It Spark...

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Apache Corp., a Houston-based oil and gas exploration company, recently announced a discovery that some in the oil and gas industry are dubbing a potential find of historic magnitudes. Last week, Apache’s chief executive...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Financial Industry Developments - Agencies Publish Study on Banking Activities and Investments under Dodd-Frank - On September 8, 2016, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance...more

Locke Lord LLP

[Event] Financial Distress in the Energy Sector: Managing Exposure and Leveraging Opportunities - July 14th, Dallas, TX

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Please join Locke Lord for a complimentary CLE seminar on current issues affecting the energy ?sector. By leveraging the extensive experience our lawyers bring to the table from the energy ?and restructuring & insolvency, we...more

Latham & Watkins LLP

Oil price turbulence benefits the opportunistic

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The prolonged turbulence in oil prices has brought cost reduction programmes, the shelving of projects, and insolvencies in the oil field services (OFS) and exploration and production (E&P) sectors — and has presented a once...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Financial Industry Developments - The SEC Adopts Cross-Border Security-Based Swap Rules - On February 10, the Securities and Exchange Commission (the "SEC") adopted rules under the Dodd-Frank Wall Street Reform and...more

WilmerHale

Energy Sector Alert Series: Risks and Opportunities in Distressed Oil and Gas

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In this eight-week alert series, we are providing a broad look at current and emerging issues facing the energy sector. Attorneys from across the firm will discuss issues ranging from environmental disclosures and risk...more

Blake, Cassels & Graydon LLP

Legal Trends: Restructuring & Insolvency

Amid the protracted drop in oil prices and the decline of the Canadian dollar relative to the U.S. dollar, capitalizing on distressed opportunities in the oil and gas sector in a low-risk jurisdiction, such as Canada, has...more

Orrick, Herrington & Sutcliffe LLP

Distressed Download - July 2015

First Circuit Rules Bankruptcy Code Preempts Puerto Rico's Recovery Act - On Monday, July 6, the Court of Appeals for the First Circuit affirmed the February 6, 2015 order and injunction of the Puerto Rico District...more

Locke Lord LLP

[Event] Financial Distress in the Energy Sector: Managing Exposure and Leveraging Opportunities - July 23, Boston, MA

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Locke Lord is pleased to bring this important and timely discussion to Boston. By leveraging the extensive experience our lawyers bring to the table from the energy, restructuring & insolvency and private equity sectors, we...more

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