Oklahoma City’s Chaparral Energy has emerged from its Chapter 11 bankruptcy with a new revolving credit as well as a new board of directors. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. IV. 30 For as Jonah was a sign to the Ninevites, so the Son of Man will be a sign to this generation. You can help support our work by becoming a subscriber today. AUSTIN, Texas, May 17, 2019 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (OTC Pink: JEII) (“Jones Energy” or the “Company”) today announced that it is emerging from bankruptcy. Jones Energy, Inc. is an independent oil and natural gas company engaged in the exploration and development of oil and natural gas properties in the Anadarko basin of Oklahoma and Texas. Several revenue scenarios published by the Legislative Service Office in April estimated a loss of $40.8 million in revenue this fiscal year, if natural gas production declines by 6 percent and prices hover around $2.10 per million British thermal units. Page Portas, 512-328-2953 Investor Relationsir@jonesenergy.com. Drilling rigs within the Pinedale Anticline natural gas field stand near Pinedale in January 2009. Jonah’s Anger at the Lord ’s Compassion. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Regarding the new facility, Mr. Carl Giesler commented, “The substantial capital commitment from our bank group highlights the operating momentum achieved by our team over the past nine months and the significant progress made to position the Company to enhance the value of our assets. Or (referring to what precedes or follows). Chaparral Energy became the U.S. energy sector's latest coronavirus pandemic casualty, filing for bankruptcy protection as Covid-19 continues to slam the global economy and oil … Jonah 2:10 "And the LORD spake unto the fish, and it vomited out Jonah upon the dry [land]." A primary particle; properly, assigning a reason. The company emerged from bankruptcy as a private company on October 14 th, 2020. Of Hebrew origin; Jonas, the name of two Israelites. The Company has initially elected an aggregate commitment of $150 million and will have no outstanding borrowings upon emergence. As a top energy producer and taxpayer in Wyoming, the firm’s insolvency places the energy-dependent state’s traditional revenue streams in further jeopardy. Your membership makes our reporting possible. A human being. Advisors. “We’re still fully producing in the Jonah field,” Ulrich said. These forward‑looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events, actions and developments. Jones Energy emerges from chapter 11 in a strong financial position with the flexibility to optimize the value of its assets for all our stakeholders.”. The price of oil broke $30 a barrel Monday for the first time since the pandemic struck much of the country in mid-March. We look forward to working with our new syndicate going-forward.”. 1 Now the word of the Lord came to Jonah the son of Amittai, saying, 2 “Arise, go to Nineveh, that great city, and call out against it, for their evil  has come up before me.” 3 But Jonah rose to flee to Tarshish from the presence of the Lord.He went down to Joppa and found a ship going to Tarshish. Davis Polk & Wardwell LLP is serving as legal counsel and Houlihan Lokey Capital, Inc. is acting as financial advisor to the ad hoc group of crossover noteholders. Jones Energy emerges from chapter 11 in a strong financial position with the flexibility to optimize the value of its assets for all our stakeholders.” Distributions to Prepetition Noteholders The Company expects that its newly issued Class A common stock and New Warrants will be quoted on the OTC Pink Market under the ticker symbols JEII and JEII.W, respectively. According to the manner in which, in the degree that, just as, as. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. From now through Nov. 7, we're providing FREE access to election coverage, made possible by our subscribers. The Company also announced its new Board of Directors, comprised of the following individuals, whose • Brian Connolly, co-founder of Millstreet Capital Management LLC Jonah 1:17 Now the LORD had prepared a great fish to swallow up Jonah. God uses a plant, a worm, and a hot east wind to teach Jonah - 4:5-11 a. Chapter 1. Please subscribe to keep reading. One of Wyoming’s most prolific natural gas producers, Ultra Petroleum Corp., filed for Chapter 11 bankruptcy Thursday evening in Texas following months of financial instability. © 2020 GlobeNewswire, Inc. All Rights Reserved. CHAPTER 4. A hearing will be held Tuesday. The, the definite article. proceeds from the $35 million second lien convertible note. The first person singular present indicative; a prolonged form of a primary and defective verb; I exist. Surely the lives of so many thousand men, to say nothing of their immortal souls, are much more valuable than the life of a single contemptible plant. Neuter of a presumed derivative of the base of semaino; an indication, especially ceremonially or supernaturally. How sad the contrast between God's feeling on the repentance of Nineveh towards Him, and Jonah's feeling on the repentance of God towards Nineveh. “The LORD spake”: Just as God calls the stars by name (Isa. Additional information about Jones Energy may be found on the Company’s website at: www.jonesenergy.com. You have permission to edit this article. 40:26; Psalm 147:4), so He speaks to His creation in the animal world (Num. You can cancel at any time. Camille Erickson covers the state's energy industries. Chaparral Energy voluntarily filed petitions for Chapter 11 of the U.S. Bankruptcy Code on August 16 th, 2020. In light of market pressures, Ultra Petroleum announced in September it would lay down its rigs and cease drilling activity in the rich natural gas formations on the Pinedale Anticline in Wyoming. The company said as a result of its reorganization plan, the lenders received “a full recovery of their claims through a combination of paydown and participation in an amended and restated credit facility.” Chaparral managed to operate without interruption during the course of its restructuring.
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