News
01 October 2020

Oasis Petroleum files for Chapter 11 bankruptcy protection

In:
Oil & gas
Region:
Americas

Texas-based Oasis Petroleum has filed for Chapter 11 bankruptcy protection, becoming the latest shale producer to seek a court-aided restructuring after a coronavirus-led slump in oil prices dried up available capital in the industry.Oasis said it secured $450 million in debtor-in-possession...

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