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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 of deleveraging through the Chapter 11 process; and approximately $135mn of liquidity,” its May 18 statement read. ....
Dominion head dies day after stepping down The former chairman, president and CEO of US LNG developer Dominion Energy, Thomas Farrell, has died one day after resigning from his leadership role, the company reported on April 2. Farrell, aged 66, had been battling cancer and his condition took a turn for the worse in recent weeks. He served as president of Dominion from 2004 and CEO from 2006, before stepping down from both roles last year. However, he continued as the company s chairman until April 1, 2021. Tom was a peerless mentor and outstanding leader who sought to find innovative solutions to challenges at Dominion Energy, in the utility industry and in the community he called home, current chairman, president and CEO, Robert Blue, said in a statement. In his tenure at the company, Tom oversaw an era of prosperity and growth, and a long-term transformation that will have a lasting impact on clean energy development and on the health of the environment. Above al ....
The March 10-11 event was the first to serve the local homeless community. Heidi Beedle Peak Vista Community Health Centers and Springs Rescue Mission partnered to provide 200 doses of the Johnson & Johnson COVID-19 vaccine to the Colorado Springs homeless community during a two-day event, March 10 and 11 at Springs Rescue Mission. It was the first vaccine event to specifically target homeless individuals in Colorado Springs. âThis is a turning point for the community,â says Jack Briggs, president and CEO of Springs Rescue Mission. âIf you think about homelessness, there are three things youâre trying to address: The first is health, the second is their housing, and the third is work. You canât get to housing or work if theyâre not healthy. The COVID virus has had impact in a lot of communities, but particularly in the homeless community â itâs isolated them even more than before. By getting them v ....