Sunday, February 2, 2025

Drilling Down: Sanchez Energy drilling way out of Chapter 11

Source: Houston Chronicle Houston oil company Sanchez Energy appears to be drilling its way out of bankruptcy. The company temporarily placed its drilling operations on hold after seeking Chapter 11 protection, but over the past week filed 13 drilling permit applications with the Railroad Commission of Texas, the state agency regulating the oil and natural gas industry. The company is seeking permission