Inform
Shale trailblazer Chesapeake is bankrupt
Report summary
It’s difficult to point to another company that has made more of a widespread impact on the US shale sector than Chesapeake. Chesapeake showed the market – and its competitors – how quickly production could grow, how fast projects could develop, and what the updated US model for engaging with stakeholders looked like. As a part of the bankruptcy filing, Chesapeake will receive nearly US$2.5 billion in new financing. Its lenders have agreed to a new US$1.75 billion credit facility, US$925 million debtor-in-possession financing, a new US$750 million term loan, and a US$600 million rights offering.
Table of contents
- Current portfolio economics
- The Chesapeake business model
- Frozen M&A market
- Chesapeake wells drilled by Basin
Tables and charts
This report includes 1 images and tables including:
- Average Northeast Marcellus type curve by operator
What's included
This report contains:
Other reports you may be interested in
Insight
Latin America upstream in brief
The Latin America upstream in brief provides the Wood Mackenzie view on key industry events in Central and South America as they unfold.
$6,750
Asset Report
Chevron Alberta
In Alberta, Chevron holds 235,000 net acres in the liquid-rich Duvernay shale gas play, together with 200,000 acres in the overlying ...
$3,100
Asset Report
Permian Wolfcamp tight oil unconventional play
A detailed analysis of the Wolfcamp tight oil unconventional play.
$2,200