Energy Jobs Direct

Chesapeake joins more than 200 other bankrupt U.S. shale producers

More than 200 North American oil and gas producers, owing over $130 billion in debt, have filed for bankruptcy since the beginning of 2015, according to a May report from law firm Haynes and Boone. This year alone, at least 20 have gone under after oil prices plunged amid the Covid-19 pandemic.

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