Whiting Petroleum Gets $3.4B Texas Ch. 11 Debt Rework OK'd

By Jeff Montgomery (August 14, 2020, 7:38 PM EDT) -- Shale oil giant Whiting Petroleum secured Chapter 11 confirmation in Texas Friday for its $3.4 billion bankruptcy reorganization, under mostly debt-for-equity terms that will reduce the Colorado-based oil and gas producer's obligations by $2.7 billion....

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