Yet another shale producer files for bankruptcy – OilPrice.com

Yet another shale producer files for bankruptcy – OilPrice.com

Eagle Ford producer Lonestar Resources filed for Chapter 11 bankruptcy protection this week, becoming the latest victim in the string of bankruptcies in the U.S. shale patch this year. Lonestar Resources has filed for Chapter 11 relief in U.S. Bankruptcy Court for the Southern District of Texas because a growing number of U.S. oil and […]

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