Tag Archives: bankrupt

As of January 2015 frackers racked up $25 billion debt in TeXas bankruptcies

BizJournal.com reports that “Many of these energy companies amassed large amounts of debt during the shale boom to rapidly grow their businesses and now face significant challenges in today’s climate of low oil prices” and that Texas accounts for 52% of … Continue reading

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Letter to Arlington Council regarding Chesapeake Force Majeure

Council, per a link http://www.businessweek.com/news/2012-01-10/fracking-moratorium-urged-as-doctors-call-for-health-study.html, I am reporting to you about a recent health conference AND some information of the questionable future financial stability of Chesapeake so we can assist them with enacting a force majeure to preserve existing contracts that may … Continue reading

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