Elk Petroleum Opens Ch. 11 To Rework $270M In Debt

By Jeff Montgomery (May 23, 2019, 3:34 PM EDT) -- Elk Petroleum Inc. and three affiliates sought Chapter 11 protection in Delaware late Wednesday, proposing a reorganization of some $270 million in secured and unsecured debt under a private equity-led plan approved by two secured debtor groups one day earlier....

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