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Oil Co. Trims $2.2B Worth Estimate In Ch. 11 Disclosure

By Jeff Montgomery (March 25, 2016, 9:28 PM EDT) -- Global oil and gas developer Paragon Offshore has trimmed as much as $150 million from its projected $2.2 billion value when it eventually exits from Chapter 11 bankruptcy in Delaware, citing reports of continuing volatility in commodity prices and scant business from Mexico, its onetime largest customer....

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