Tulsa-based Samson Resources Corp. has filed for Chapter 11 bankruptcy and said it expects its restructuring to provide “a significant deleveraging” as well as $450 million of new capital.
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Samson Restructuring in Advance of Bankruptcy
Financially troubled Samson Resources Corp. has made a restructuring pact that will cut debt and bring at least $450 million of new capital into the company as it prepares for a Chapter 11 filing, the Tulsa-based producer said late Friday.
August 17, 2015
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