Sandridge Energy considers filing for bankruptcy

U.S-bases energy firm Sandridge Energy, in a regulatory filing, considered the possibility of filing for a Chapter 11 bankruptcy on being negatively impacted by falling energy prices.

The company is actively looking to restructure its debt of $3.6bn by hiring law firm Kirkland & Ellis and investment bank Houlihan Lokey.

Source: Reuters

 

 

 

 

 

 

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