Apr 16, 2020 | Bankruptcy, Energy sector, Lawsuit, News, Oil and Gas Industry
Apr. 16, 2020 2:57 AM ET|About: Yuma Energy, Inc. (YUMA)|By: Gaurav Batavia, SA News Editor Yuma Energy (NYSEMKT:YUMA) has filed for Chapter 11 petitions for relief under the United States Bankruptcy Code. During Q1, the company’s cash position deteriorated, and...
Apr 13, 2020 | Bankruptcy, News, Oil and Gas Industry
By Justin Mikulka • Monday, April 13, 2020 – 11:47 The finances of the oil and gas industry are so dismal that the major banks that have funded the money-losing fracking boom are now exploring taking the unusual step of taking over the oil companies that cannot...