Forcenergy selling Gulf of Mexico assets to meet credit crunchCompany expects to write down the book value of its Alaska investments Allen Baker BNA Contributing Writer
Forcenergy Inc. has made a big splash in Alaska with its aggressive buying spree in Cook Inlet. But it’s also been splashed with a lot of red ink recently, and the company faces a serious credit crunch — complete with a recent downgrade by one of the nation’s big credit rating firms.
Some of its pr....
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Under pressure
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