April 3, 2016 archive

PostRock Energy Corporation Files Bankruptcy

PostRock Energy Corporation announced Friday that it filed for Chapter 11 bankruptcy reorganization to facilitate an orderly sale of substantially all of their assets.
In its bankruptcy filing, Oklahoma City-based PostRock said it had assets ranging b…

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Rig Count Losses Grow in U.S. and Oklahoma

More oil and gas rigs were lost in the U.S. and in Oklahoma in the past week, according to figures from Baker Hughes Company and the losses reflect more dramatically the impact of the energy downturn in the nation. Oklahoma lost two more rigs, droppin…

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Rig County Losses Grow in U.S. and Oklahoma

More oil and gas rigs were lost in the U.S. and in Oklahoma in the past week, according to figures from Baker Huges Company and the losses reflect more dramatically the impact of the energy downturn in the nation. Oklahoma lost two more rigs, dropping…

Continue reading »