On the Move (Week of June 1, 2021)
New hires, promotions and appointments continue to fuel the industry's workforce.
Source: hartenergy.com
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Gulfport Emerges from Bankruptcy with Strengthened Balance Sheet, Eye on Further Reducing Costs
Six months after filing for Chapter 11 protection, Utica producer Gulfport Energy Corp. has emerged from bankruptcy with $1.20 billion wiped off its
Source: naturalgasintel.com
US shale firm Gulfport Energy exits bankruptcy
US shale firm Gulfport Energy exits bankruptcy May 19, 2021 2:15:pm Summary by: Daniel Graeber Posted in: US shale firm Gulfport Energy exits bankruptcy US shale producer Gulfport Energy said May 18 it emerged from Chapter 11 bankruptcy protection with a new board and an improved balance sheet. After a tumultuous year of pandemic strains, and aiming to eliminate roughly $1.25bn in debt, the company started a restructuring process in November. “Gulfport has exited bankruptcy with a new board of directors; a strengthened balance sheet, with $853mn of total debt representing more than $1.2bn o...
Source: naturalgasworld.com