Things have become so bad across the oil industry in 2016 that one company in the drilling services sector is preparing to file a second bankruptcy in the past nine months. Hercules Offshore filed last August for Chapter 11 bankruptcy protection, as the plunge in the price of gas and oil has sent a rippling […]
Corporate News – The Cerbat Gem
Saturday, February 11, 2017
Oil Services Company Preparing Second Bankruptcy in Past Nine Months
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