All,
Is Chaparral Energy the next Mid-Continent operator to fall? After the announcement that they hired restructuring advisers and the fact they have delayed their interest payment, bankruptcy looks inevitable. They do have a slick website though...
More to follow,
Berlin
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Canadian County, Oklahoma leasing in 2016: 1,014 leases filed in El Reno, pooling orders by operator, and which STACK companies are likely to actually drill.
Linn, Sandridge and Chaparral in bankruptcy, American Energy Partners shutting down, and Newfield leaving Tulsa for Houston despite its top STACK position.
A short tribute to Aubrey McClendon of Chesapeake, who pioneered the modern lease play and drove Oklahoma lease bonuses higher than anyone in the last decade.
Linn Energy, operator of roughly 1,484 Oklahoma wells, expects to breach its debt covenants in 2016. What that means for offset operators and partners.