June 28, 2020 archive

Chesapeake Energy pulls the trigger and files bankruptcy

  After weeks of speculation, Oklahoma City-based Chesapeake Energy Corporation on Sunday announced that the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas—a move that came after billions in debt and layoffs in the past year. In the announcement, Chesapeake, laden with $7 billion in …

Continue reading »

Investor buys former Halliburton command center at El Reno

    Halliburton is a step closer to bringing a total end to its connections to El Reno, Oklahoma where the company closed its Remote Operations Command Center in December 2019. The company recently sold the 86-acre site where it had 32,252 square feet of office space and a 93,500 square foot maintenance shop. CBRE …

Continue reading »