Sanchez and Halcon file for Chapter 11 protection

Texas-based outfits opt for reorganisations as losses mount for both players amid lower commodity prices

Operations: a drilling rig in the Eagle Ford shale play in south Texas
Operations: a drilling rig in the Eagle Ford shale play in south TexasPhoto: AP/SCANPIX
Published 14 August 2019, 17:44Updated 14 August 2019, 17:44