Oil Price War and COVID-19 – Options and Opportunities for a Distressed Energy Industry

Now what? How will the oil and gas industry survive and thrive in the wake of the Saudi oil price war and ongoing Coronavirus (COVID-19) pandemic?

Organizations will need to effectively navigate this challenging environment to transform themselves—to make themselves stronger and to be in a position to lead the industry into the future.

On March 31, 2020, members of Winston & Strawn’s restructuring, finance, capital markets, and labor and employment practices hosted an interactive CLE webinar that provided timely guidance for companies, creditors, and investors on a number of hot topics that should be on your radar in the current oil and gas market environment, including:

• Industry consolidation, through M&A, §363 transactions, and other restructuring activities;
• Financing and capitalization changes, including amendments to credit facilities, RBL redeterminations, debt exchange offers, rights offerings, and the like; and
• Rationalizing G&A costs to align with market needs.

Winston & Strawn LLP is an accredited CLE provider in California, Illinois, New York, and Texas. CLE credit is not available for listening to our pre-recorded webinar briefings.

View all of our COVID-19 perspectives here. Contact a member of our COVID-19 Legal Task Force here.