Less than four months after voluntarily filing for bankruptcy protection, Swift Energy Co. emerged from Chapter 11 on Monday and closed on a new $320 million senior secured credit facility, while also forming a joint venture (JV) and closing on the sale of some conventional oil assets in central Louisiana.
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Swift Exits Chapter 11, Closes Deal With Texegy For Oil Assets in Louisiana
Less than four months after voluntarily filing for bankruptcy protection, Swift Energy Co. emerged from Chapter 11 on Monday and closed on a new $320 million senior secured credit facility, while also forming a joint venture (JV) and closing on the sale of some conventional oil assets in central Louisiana.
April 26, 2016