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⛽️New Chapter 11 Filing - Pioneer Energy Services Corp. ($PESX)⛽️
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⛽️New Chapter 11 Filing - Pioneer Energy Services Corp. ($PESX)⛽️

Mar 04, 2020
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⛽️New Chapter 11 Filing - Pioneer Energy Services Corp. ($PESX)⛽️
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Pioneer Energy Services Corp.

March 1, 2019

San Antonio-based oilfield services provider Pioneer Energy Services Corp. and several affiliates (the “debtors”) filed “straddle” prepackaged chapter 11 bankruptcy cases on Sunday in what amounts to a true balance sheet restructuring. Will this kickoff a new slate of oil and gas related bankruptcy filings? 🤔

Th…

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