Many upstream and midstream companies are grappling with the prospect of severe liquidity constraints due to the rapid deterioration of both the commodity markets and the debt capital markets. While upstream companies have...more
3/24/2020
/ Debt Market ,
International Tax Issues ,
Market Pricing ,
Midstream Contracts ,
Oil & Gas ,
Oil Prices ,
REIT ,
Risk Assessment ,
Tax Liability ,
Tax Planning ,
Upstream Contracts
Crude oil and natural gas prices reached multiyear lows of approximately $26 per barrel for crude oil (as of January 2016) and $1.50 per million British thermal units (mmbtu) for natural gas (as of March 2016). This...more
1/31/2017
/ Acquisitions ,
Borrowers ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Energy Contracts ,
Energy Policy ,
Exploration and Production Assets ,
Loans ,
Mergers ,
Midstream Contracts ,
Oil & Gas ,
Oil Prices ,
OPEC ,
Trump Administration
On March 8, 2016, a bankruptcy court in the Southern District of New York issued a much-anticipated decision, In re Sabine Oil & Gas Corporation, that will undoubtedly influence the reorganization strategies of certain...more
Precipitous commodity price declines that began in mid-2014 continued to disrupt the oil and gas industry in 2015, outlasting the expectations of many analysts. By the end of 2015, prices for both Brent and WTI crude were...more
For most of 2015, industry observers have predicted that depressed commodity prices will result in a surge in M&A activity among domestic exploration and production (E&P) companies, as well as a large number of bankruptcy...more
10/20/2015
/ Acquisitions ,
Banks ,
Borrowers ,
Capital Requirements ,
Chapter 11 ,
Commercial Bankruptcy ,
E&P Companies ,
Exploration and Production Assets ,
FDIC ,
Lenders ,
Mergers ,
OCC ,
Oil & Gas ,
Redeterminations