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Triangle Petroleum Seeks Fast-Track Ch. 11 Equity Swap

By Vince Sullivan (May 8, 2019, 6:07 PM EDT) -- Midstream oil and gas services company Triangle Petroleum Corp. hit Chapter 11 on Wednesday in Delaware with a plan to enact a debt-for-equity swap that would quickly wipe more than $150 million of secured obligations from its balance sheet two years after its exploration subsidiary went through bankruptcy....

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