Fort Worth-based Southland Royalty Company LLC has filed for Chapter 11 bankruptcy, legal filings show.
The oil and gas company, backed by Houston-based EnCap Investments LP, owes about $540 million to a revolving credit facility, according to legal documents.
Southland is entering into the bankruptcy proceedings with a cash balance of about $12 million and has secured a debtor-in-possession loan for about $70 million. Frank Pometti is listed as its chief restructuring officer, and also serves…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
Elgin ISD’s board voted unanimously to reject a Chapter 313 application from Solar Proponent that company representatives said were a key determination in whether or
Real estate generates nearly 40% of global carbon dioxide emissions, contributing to rising sea levels and the increasing frequency and severity of extreme weather events
The Mountain Valley Pipeline’s Southgate Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of
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