Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. These companies were negatively impacted by the low oil prices in these years owing to their lack of financial discipline and poor financial risk assessments. As a result, they declared bankruptcy.
Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies…
20th نوفمبر 2023
Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies…
26th سبتمبر 2023