Pacific Energy asset sale still pending
Troubled California company has $8.1 million bid for some Cook Inlet assets, but deal needs judge’s OK amid several objections
For Petroleum News
A potential sale of some of the Cook Inlet oil and gas assets belonging to troubled Pacific Energy Resources Ltd. appears to have been delayed at least until Aug. 4.
That’s the next court date for Pacific Energy’s Chapter 11 bankruptcy case in Delaware, court documents show.
Pacific Energy is hoping....
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Objections to sale
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