A clearer picture begins to emerge about what Covia’s capital structure and financial statements will look like post-Chapter 11… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get …
Read More »Bankruptcy Bulletin – Summary Of Notable Developments In New And Old Cases In The Oilpatch…
In this update, we start with the new bankruptcies of the week before covering notable developments in several ongoing cases in the frac sand space. Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has …
Read More »Judge BLASTS Sand Abandonment. Meanwhile, Landfilling Activity Implies Negative Value For Northern White Sand
Some surprising things came to light this week regarding NWS’s value (or lack thereof), railcar rejections and the general sand market in a bankruptcy hearing yesterday that was not short on fireworks… Login to see the full update… To read this update and receive our research newsletters, you must be …
Read More »Tallying Up The Damage As Another E&P From Our Bankruptcy Watchlist Files Chapter 11
Like many of the other filings in recent weeks, Rosehill was one of about 20 names on the Infill Thinking bankruptcy watchlist published in May 2020. Here’s a few things we learned in their filing… Login to see the full update… To read this update and receive our research newsletters, …
Read More »Not So Fast My Friend… Resistance To A Sand Producer’s Plan To Walk Away From Thousands Of Cars
A noteworthy point of contention in a big frac sand bankruptcy came to our attention this week… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research …
Read More »A Plan For Stranded Sand… Plus Some Eye Opening Frac Sand Financials
With multiple large scale frac sand producers in the relatively early stages of CH 11 bankruptcy proceedings, we spent Thursday morning combing through court records for new market datapoints. The search was fruitful… Login to see the full update… To read this update and receive our research newsletters, you must …
Read More »More Frac Sand Bankruptcy Drama Brewing?
Hot on the heels of an aggressive move by trade partners in another frac sand bankruptcy case, a similar movement could be brewing in the largest bankruptcy process going in this sector… Login to see the full update… To read this update and receive our research newsletters, you must be …
Read More »Drama In A Big Frac Sand Bankruptcy Case, As Unsecured Creditors Demand Liquidation – Hearing Set For August
There are some interesting new developments in a big frac sand bankruptcy proceedings worth noting as other companies fall into Ch. 11 proceedings… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew …
Read More »Hi-Crush Commences Chapter 11 Proceedings After Striking Productive Deals With Lenders & Lessors
Long awaited news materializes just before the deadline… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven analysis and commentary New angles on stories …
Read More »As The Dominoes Fall… Some Stand To Lose Millions, Some Stand To Lose It All
Our Friday newsletter began with these words, which bear repeating in the wake of Sunday’s news: “Rather than a long, dragged-out process, the erasure of financial obligations in the US oilfield this cycle could play out expeditiously during 2H20 and early-2021, clearing the slate for… consolidation?” Chesapeake’s bankruptcy press release …
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