Tag Archives: default

Enervest looking to unload in OK & AR so what about UT Arlington’s gas wells?

Ever get the feeling the future finds us too fracking fast? Council expressed concerns years ago about new operators taking over older padsites; thats where I learned of the term “2.nd tier operators/drillers”. Recently council was correct to be worried … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

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

Posted in bankruptcy, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment