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Sabine Contract Ruling May Spur More Driller Bankruptcies

By Keith Goldberg (March 9, 2016, 5:31 PM EST) -- A bankruptcy judge's ruling that Sabine Oil & Gas Corp. can ditch midstream contracts because they didn't relate to the company's drilling operations will encourage more cash-strapped producers to file for bankruptcy in order to shed unfavorable deals and ratchet up the financial risks for pipeline companies and other midstream firms, experts say....

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