Judge hears closing arguments in NRA bankruptcy trial 680news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 680news.com Daily Mail and Mail on Sunday newspapers.
by Bloomberg
|Friday, April 30, 2021
Chesapeake Energy Corp is seeking to sell oil-producing assets in South Texas for as much as $2 billion, according people familiar with the plan.
(Bloomberg) Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets in South Texas for as much as $2 billion, according people familiar with the plan.
The Oklahoma City-based producer is working with a pair of advisers to offer the assets in the Eagle Ford shale, said the people, asking not to be named because the discussions are private.
Once known for its aggressive growth through acquisitions during the shale boom, Chesapeake joined other producers in filing for bankruptcy protection last year after the pandemic devastated demand for energy. When the company exited restructuring in February, CEO Doug Lawler declared it was “a new era for shale.”
Chesapeake seeks to sell south Texas shale assets for $2 billion By Sergio Chapa and Kiel Porter on 4/30/2021
(Bloomberg) â Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets in South Texas for as much as $2 billion, according people familiar with the plan.
The Oklahoma City-based producer is working with a pair of advisers to offer the assets in the Eagle Ford shale, said the people, asking not to be named because the discussions are private.
Once known for its aggressive growth through acquisitions during the shale boom, Chesapeake joined other producers in filing for bankruptcy protection last year after the pandemic devastated demand for energy. When the company exited restructuring in February, CEO Doug Lawler declared it was âa new era for shale.â
Federico Machado detained following US Justice Indictment
Yves Le Marquand
30th April 2021, 4:24
A Florida-based broker, Federico Andres Machado, the fourth defendant in the indictment involving Wright Brothers Aircraft Title and Aircraft Guaranty Corporation, has been detained by Argentine airport security police at Presidente Perón International Airport, Neuquén. Machado, who was indicted by the US Justice department on February 24th, had been attempting to board a flight to Buenos Aires when he was detained by police at Interpol’s request.
Machado was born in Viedma, a city on the Rio Negro river, Argentina but settled in Florida, reportedly establishing himself as a Fort Lauderdale-based broker. Machado reportedly owns two dedicated aviation companies in the state of Florida, South Aviation and Pampa Aircraft Financing.
CenterPoint to sell Arkansas Oklahoma natural gas assets to Summit Utilities bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.