WildHorse Resources Management Company, which is being acquired by Chesapeake Energy Corporation, is laying off all employees at its Houston headquarters, according to a letter dated Dec. 13, 2018 sent to the Texas Workforce Commission (TWC).
All employees will lose their jobs on the date of the closing of the Chesapeake deal, expected to happen between Feb. 1 and Feb. 14.
The Houston office of WildHorse will be closed and all layoffs will be permanent. Affected employees will not be able to retain their jobs by displacing or bumping another employee.