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TXCO, Creditors Defy Bank's Bid To Seize Rigs

By Samuel Howard (August 31, 2009, 1:11 PM EDT) -- TXCO Resources Inc. has teamed up with the bankrupt oil and gas company's creditors in opposition to Western National Bank's bid to lift the automatic stay and foreclose on three drilling rigs in order to collect hundreds of thousands of dollars in mounting debt....

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