UK's Afren Seeks Ch. 15 Relief After Oil Price Slump
By Matt Chiappardi ( July 6, 2015, 3:15 PM EDT) -- London-based oil production and exploration company Afren PLC filed a Chapter 15 bankruptcy petition in Delaware late Thursday tied to its restructuring proceedings in the United Kingdom that seek to address more than $1 billion in debt brought on by the historic drop in crude prices last year....
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