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Mid-Con Energy Partners LP: Q2 Analysis And Q3 Forecast

2017-11-10 seekingalpha
Mid-Con Energy Partners LP is one of few upstream master limited partnerships still in the game after years of depressed oil prices. (10-0)

Legacy Reserves: Abandon Ship Or Full Steam Ahead?

2017-11-02 seekingalpha
While I have never recommended the common, at times I've considered the preferred and debt to have favorable risk versus reward. (48-1)

A Critical Hearing For Seadrill Shareholders Set For November 1

2017-10-23 seekingalpha
An official equity committee might be needed to defend shareholders' 2% new equity under the plan. (84-0)

Breitburn lays out bankruptcy exit plan, creditors want an auction

2017-10-12 reuters
WILMINGTON, Del. (Reuters) - Breitburn Energy Partners LP (BBEPQ.PK) detailed plans at a Thursday court hearing to exit bankruptcy by transferring the oil-and-gas producer’s assets to creditors, but opponents pressed for an auction of main reserves to generate more money. (5-0)

Breitburn Energy Files New Plan And No Asset Sale Expected

2017-10-12 seekingalpha
Breitburn Energy Partners LP (OTCPK:BBEPQ) filed a new reorganization plan (docket 1690) and a disclosure statement (docket 1691) very late October 11. There was a conference today to set the hearing date of November 14 for the approval of the disclosure statement and rights offer. (5-0)

Seadrill's Retail Noteholders Could Be Impacted By A Reorganization Plan Confirmed Today

2017-10-05 seekingalpha
GulfMark Offshore's reorganization plan gives non-accredited noteholders compensation for not being able to participate in a rights offer. (85-0)

Mark A. Tepper Law Firm Investigating Alleged Claims against Hilliard Lyons for BreitBurn recommendations

2017-10-03 prnewswire
FT. LAUDERDALE, Fla., Oct. 3, 2017 /PRNewswire/ -- On the heels of helping investors recover losses after brokers recommended BreitBurn Energy Partners LP., the Mark A. Tepper law firm announced today that it is continuing its investigation into alleged claims against Hilliard Lyons and other brokerage firms for recommending BreitBurn to customers. (44-0)

Breitburn Energy: A Nasty Court Battle Is Developing

2017-10-03 seekingalpha
The court fight over reorganization plans for Breitburn Energy Partners LP (OTCPK:BBEPQ) could get very intense and result in multiple plans/disclosure statements seeking approval by various stakeholders. This could be another Tribune Media Company (NYSE:TRCO), where there were three plans (after one group withdrew) in an unusual 2010 bankruptcy case. Under all the plans proposed, BBEPQ equity holders would get no recovery and could get a CODI tax liability. (6-0)

Retiree also awarded attorney's fees after Mark Tepper Law Firm's win against Merrill Lynch for BreitBurn Recommendations

2017-08-15 prnewswire
FT. LAUDERDALE, Fla., Aug. 15, 2017 /PRNewswire/ -- A Broward Circuit Court has ruled that in addition to damages, Merrill Lynch must also pay attorney's fees, interest and costs for a retiree. The ruling follows the successful arbitration results obtained by the Mark Tepper law firm against Merrill Lynch. The brokerage firm had recommended BreitBurn [OTCMKTS: BBEPQ], to the retiree.

BRIEF-Breitburn Energy Partners says bankruptcy court enters order authorizing debtors to enter into swap agreements with certain dip lenders​

2017-08-10 reuters
* Breitburn Energy Partners - ‍on Aug 9, bankruptcy court entered order authorizing debtors to enter into swap agreements with certain of dip lenders​ (0-1)

The Energy Patch: Where Rights Offerings Are 'Sexy' Again

2017-08-01 rigzone
WILMINGTON, Del./CHICAGO, Aug 1 (Reuters) - Energy businesses that are trying to exit bankruptcy are finding a saviour in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts.

The energy patch: where rights offerings are 'sexy' again

2017-08-01 reuters
WILMINGTON, Del./CHICAGO (Reuters) - Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts.

Breitburn Energy: The Endless Bankruptcy

2017-07-21 seekingalpha
The bankruptcy case for Breitburn Energy Partners LP (OTCPK:BBEPQ) seems like it will never end. The exclusive period to file a plan was extended again (docket 1453) to September 12 during a hearing held on July 19. This contrasts with many other bankrupt energy companies that have already emerged from Chapter 11. The various stakeholders of Breitburn have not been able to agree on a reorganization plan because of the volatility in commodity prices, and major hedge funds are battling over the new Breitburn Energy equity.

Never Will I Ever Buy a Commodity Stock That's Not a Low Cost Producer

2017-07-17 fool
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

Breitburn Energy: What Went Wrong And What To Expect

2017-07-13 seekingalpha
Breitburn's business strategy has been to manage their oil, NGL, and natural gas producing properties to generate cash flow and make distributions to their economic stakeholders. (0-1)

CUSIP: 106776115