By Adam Wilmoth Energy Editor firstname.lastname@example.org | Published: Thu, Oct 1, 2015
A renegotiated $4 billion line of credit for Oklahoma-based Chesapeake Energy amends their existing deal from an unsecured to a secured credit facility, though details about collateral for the loan were not made available Wednesday.
BY WILLIAM CRUM, Staff Writer | Updated: Tue, Sep 29, 2015
Oklahoma City Mayor Mick Cornett said he felt a lot of empathy for workers laid off by Chesapeake Energy.
“We’ve got a lot of people who are going through a tough time today,” Cornett said Tuesday afternoon.
With the oil and gas business continuing to grapple with the effects of low prices,...
CEO Jim Palm said 90 percent of Gulfport's production is oil, including sweet crude from Louisiana that sells at about a $25 premium to the West Texas Intermediate produced in Oklahoma and surrounding states.