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
Country Report
Lithuania upstream summary
Minor oil producer, with output at post-independence low - Oil production is currently less than 1,000 b/d, having fallen steadily from ...
$3,400
Asset Report
Buckhorn Kettle River (Closed) gold mine
A detailed analysis of the Buckhorn Kettle River gold mine.
$2,250