Pacific Energy, state seek bankruptcy dealAs former player in Alaska’s Cook Inlet liquidates, a settlement is reached on state’s $40M claim to cover abandonment costs Wesley Loy For Petroleum News
The State of Alaska is looking to settle huge claims lodged against Pacific Energy Resources Ltd., which is liquidating through a Delaware bankruptcy court.
Papers filed Sept. 21 say the state asserted claims exceeding $200 million against Pacific Energy, which formerly operated or owned stakes in a....
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Terms of settlement Collection uncertain
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