Chaparral Energy, Inc. along with Cei Acquisition, L.L.C., Cei Pipeline, L.L.C., Chaparral Biofuels, L.L.C., Chaparral Co2, L.L.C., Chaparral Energy, L.L.C., Chaparral Exploration, L.L.C., Chaparral Real Estate, L.L.C., Chaparral Resources, L.L.C., Charles Energy, L.L.C., Chestnut Energy, L.L.C., Green Country Supply, Inc., Roadrunner Drilling, L.L.C. and Trabajo Energy, L.L.C. is heading towards bankruptcy, as of August 13, 2020. Company is expected to file a Chapter 11 bankruptcy petition within the next couple of days as it nears an agreement with existing creditors. The company is finalizing a reorganization pact with its largest creditors. Davis, Polk & Wardwell LLP is acting as legal counsel, Rothschild & Co and Intrepid Partners, LLC are acting as investment banker and Opportune LLP is acting as financial advisor to Chaparral in connection with the Chapter 11 cases. Sidley Austin LLP is acting as legal counsel to the Board of Directors of Chaparral in connection with the Chapter 11 cases.