1 min read 189 words 0 views
0
(0)
The pace of bankruptcy filings by North American exploration
and production companies has slowed down dramatically so far this
year compared to last year, according to the latest Oil Patch
Bankruptcy Monitor by law firm Haynes & Boone.   With data
updated as of July 31, 2017, fourteen producers had filed for
bankruptcy in 2017, representing some US$5.1 billion in cumulative
secured and unsecured debt, Haynes & Boone has estimated. This
compares to 45 E&P companies filing for bankruptcy in the
period January-May 2016 alone, according…

The pace of bankruptcy filings by North American exploration
and production companies has slowed down dramatically so far this
year compared to last year, according to the latest Oil Patch
Bankruptcy Monitor by law firm Haynes & Boone.   With data
updated as of July 31, 2017, fourteen producers had filed for
bankruptcy in 2017, representing some US$5.1 billion in cumulative
secured and unsecured debt, Haynes & Boone has estimated. This
compares to 45 E&P companies filing for bankruptcy in the
period January-May 2016 alone, according…

Read more

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?