News
17 November 2020

Gulfport Energy files for bankruptcy after acquisitions weaken balance sheet

In:
Oil & gas
Region:
Americas

Oklahoma-based natural gas producer Gulfport Energy has filed for bankruptcy, joining a slew of US energy companies that are collapsing after the global pandemic deepened their struggle with low prices and too much debt. The company filed a Chapter 11 petition on 13 November in US Bankruptcy Court...

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