Forbes Energy Services Ltd. Bankruptcy Case Texas Southern Bankruptcy Court, Case No. 17-20023 District Judge David R Jones, presiding No tags have been applied so far.According to Haynes and Boone’s Oilfield Services Bankruptcy Tracker, there were six (6) new bankruptcies in the oilfield services area in the fourth quarter of 2019. Up until this point in 2020,.Jan. 22, 2017 7:27 pm ET Oil-field services company Forbes Energy Services Ltd. filed Sunday for bankruptcy protection in Texas after reaching a deal with its bondholders on the terms of a debt.Forbes Energy Services Ltd.announced that the plan of reorganization under Chapter 11 of the United States Bankruptcy Code of Forbes and its domestic subsidiaries has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas-Corpus Christi Division. The Debtors, which filed for Chapter 11 on January 23, 2017, anticipate that.Forbes Energy Services. We are an independent oilfield services contractor that provides a broad range of drilling and production related services to oil and natural gas companies in Texas and Pennsylvania. We do well servicing, fluid logistics, and coil tubing through our three divisions. .Forbes Energy Services is an independent oilfield services contractor that provides a broad range of completions-related and production-related services to oil and natural gas companies, primarily .

Case Information This case has a LEAD CASE: Forbes Energy Services Ltd. When following such a bankruptcy, it is important to follow the lead case. When we detect a group of jointly administered cases, we mark the associated and lead cases.Forbes Energy Services Ltd. is an independent oilfield services contractor that provides a broad range of drilling-related and production-related services to oil and natural gas companies, primarily onshore in Texas and Pennsylvania, according to their website.(Reuters) – U.S. oilfield services firm Forbes Energy Services Ltd is preparing to file for bankruptcy as soon as this month, as it struggles with approximately $300 million in debt, people.Find out what works well at Forbes Energy Services from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Compare pay for popular roles and read about the team’s work-life balance. Uncover why Forbes Energy Services is the best company for you.Forbes Energy Services Ltd.Superior Energy Services Inc. has reached an agreement to spin off a number of its core U.S. business lines into a separate public company to be based in Houston. . Forbes’ financial adviser for .

On January 22, 2017, Forbes Energy Services Ltd., or Forbes, and its domestic subsidiaries, or the Subsidiaries, filed voluntary petitions, or the Bankruptcy Petitions, for reorganization under chapter 11 of the United States Bankruptcy Code, or the Code, in the U.S. Bankruptcy Court for the Southern District of Texas-Corpus Christi Division, or the Bankruptcy Court, pursuant to the terms of a .Forbes Energy Services Ltd. fesl said Monday it has filed for bankruptcy, in the southern district of Texas-Corpus Christi. The oilfield services contractor said it has ample liquidity to support .The publicly traded company filed for Chapter 11 bankruptcy protection last week. In an December 7 petition with the U.S. Bankruptcy Court for the Eastern District of Tennessee in Knoxville,.Not worth the risk. FP&A (Former Employee) – Houston – April 25, 2018. I would not recommend Forbes Energy Services to anyone in the accounting field looking to join their Houston office that is relocating from Corpus Christi. The company will offer a competitive salary, but they do not have any benefits besides health insurance.Forbes Energy Services Ltd. is an independent oilfield services contractor that provides a broad range of completions-related and production-related services to oil and natural gas companies .

Filed by Debtor Forbes Energy Services Ltd. Hearing scheduled for 1/25/2017 at 09:30 AM at Houston, Courtroom 400 (DRJ). (Green, Kenneth) (Entered: 01/23/2017) Jan 23, 2017: 28 Motion to Appear pro hac vice for Ira Kharasch. Filed by Debtor Forbes Energy Services Ltd. Hearing scheduled for 1/25/2017 at 09:30 AM at Houston, Courtroom 400 (DRJ).Forbes Energy Services Ltd. (Exact Name of Registrant as Specified in Its Charter) Texas 001-35281 98-0581100 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number) . Item 1.03 – Bankruptcy or Receivership .Forbes Energy Services has had continued financial troubles since filing for bankruptcy, reporting $68.3 million in losses in 2019. According to SEC filings, there is concern surrounding Forbes’ “substantial net losses” and it’s possible the company could default on its debt.Forbes Energy Services filed for Chapter 11 bankruptcy protection this week in the southern district of Texas-Corpus Christi. The oilfield services contractor said it has plenty of liquidity to support its business during the reorganization, which provides for a facility of $50 million to be funded by certain bondholders to ensure working capital.ALICE, Texas, Jan. 23, 2017 (GLOBE NEWSWIRE) — Forbes Energy Services Ltd. (OTC Pink: FESL) (the “Company” or “Forbes”) today announced that is has filed voluntary petitions for reorganization under chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas-Corpus Christi Division .

U.S. oilfield services company Forbes Energy Services Ltd said it expected to “promptly” emerge from bankruptcy after filing a Chapter 11 plan on Monday with a prepackaged deal to exchange $280 .This is a summary of a request from Forbes Energy Services Ltd. to hire Snow Spence Green LLP as local counsel, filed Feb. 3 with the U.S. Bankruptcy Court in Corpus Christi, Texas.Leave a reply. Superior Energy Services has filed for Chapter 11 bankruptcy. It expects to convert $1.3 billion of debt into equity and may split into two companies. Superior has its head office in downtown Houston. It was recently delisted from the NYSE because its market capitalization was below $15 million.Forbes Energy Services Ltd. said that is has filed voluntary petitions for reorganization under chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas-Corpus Christi Division on January 22, 2017 for itself and its principal subsidiaries pursuant to the terms of the previously disclosed Restructuring Support Agreement with certain holders .Forbes Energy is an independent oilfield services contractor that provides a broad range of drilling-related and production-related services to oil and natural gas companies, primarily onshore in .

About Forbes Energy Services. Forbes Energy Services Ltd. is an independent oilfield services contractor that provides a broad range of completions-related and production-related services to oil and natural gas companies, primarily onshore in Texas and Pennsylvania. Find additional information about Forbes in documents filed with the SEC at .U.S. oilfield services company Forbes Energy Services Ltd said it expected to “promptly” emerge from bankruptcy after filing a Chapter 11 plan on Monday with a prepackaged deal to .