Sabine Oil & Gas Corp.

Sabine Oil & Gas Holdings, Inc. is pleased to announce today that it has closed the sale of its subsidiary, Sabine Oil & Gas Corp. , to Osaka Gas USA Corporation , a subsidiary of Osaka Gas.  As part of the sale, Osaka Gas USA will retain the current Sabine executive team and employees. Sabine Holdings has completely divested of all its oil and gas assets since emerging from bankruptcy in August 2016. East Texas [...]

Increases Gas Gathering and Processing Capabilities in Carthage Area Transaction in Partnership with Tailwater Capital Elevate Midstream Partners, LLC , a full-service midstream company headquartered in Houston, Texas, today announced that it has entered into an eight-year gas gathering and treating agreement with Sabine Oil & Gas Corp. , a major Haynesville producer in Harrison and Panola Counties, Texas. The transaction [...]

HOUSTON, Aug. 11, 2016 /PRNewswire/ -- Sabine Oil & Gas Corporation (the "Company") today announced that its Chapter 11 Plan of Reorganization, which was confirmed by the United States Bankruptcy Court for the Southern District of New York on July 27, 2016, has gone effective and the Company has emerged from bankruptcy as a private company.  In conjunction with its emergence from Chapter 11, the Company closed on its new [...]

Company Expects To Continue Normal Business Operations Throughout Financial Restructuring Process HOUSTON, July 16, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTC Pink: SOGCQ) (the "Company" or "Sabine") today announced that the Company has received approval from the United States Bankruptcy Court for the Southern District of New York (the "Court") for a variety of First Day motions related to its voluntary [...]

Company Operating As Usual During Restructuring Process HOUSTON, July 15, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTCQB:SOGC) (the "Company" or "Sabine") today announced that it has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York to facilitate the restructuring of its balance sheet. Sabine continues to [...]

HOUSTON, July 9, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTCQB:SOGC) (the "Company") today announced that on July 8, 2015, it signed an amendment to its previously announced forbearance agreement with the lenders under its second lien term loan facility.  The amended forbearance agreement will provide the Company with additional flexibility as it continues discussions with its creditors and their respective [...]

HOUSTON, June 15, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTCQB:SOGC) (the "Company")  today announced that it has elected to exercise its right to a grace period with respect to a $21 million interest payment due on its 7.25% Senior Notes due 2019. The interest payment is due June 15, 2015; however, such grace period permits the Company 30 days to make the interest payment before an event of default occurs [...]

HOUSTON, May 21, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTCQB:SOGC) (the "Company")  today announced that it has entered into a forbearance agreement with the lenders under its second lien term loan facility.  The forbearance agreement will provide the Company with additional flexibility as it continues discussions with its creditors and their respective professionals regarding the Company's debt and capital [...]

HOUSTON, May 11, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation ("Sabine" or the "Company") (OTCQB: SOGC) today reported its first quarter 2015 financial and operating results.  Throughout this release, the results of operations of the Company presented for periods prior to the Forest Oil business combination on December 16, 2014 reflect the results and operations of the Company's accounting predecessor, Sabine Oil [...]

HOUSTON, May 5, 2015 /PRNewswire/ -- Sabine Oil & Gas Corporation (OTCQB:SOGC) (the "Company")  today announced that it has entered into a forbearance agreement with the lenders under its revolving credit facility.  The forbearance agreement will provide the Company with additional flexibility as it continues discussions with its creditors and their respective professionals regarding the Company's debt and capital [...]