Forcenergy hopes to lift bankruptcy status before year’s endThe Miami-based company invested aggressively in Alaska wells and leases, but ran into a credit squeeze when oil prices fell by The Associated Press
Forcenergy Inc., which filed for Chapter 11 bankruptcy protection in March, said July 29 that it hopes to propose a reorganization plan soon.
The Miami-based company, which invested aggressively in Alaska wells and leases, ran into a credit squeeze when oil prices dropped.
Oil prices are climbing....
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Platform may go in next year
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