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Houston energy company may file for bankruptcy

2014-10-10 20:18:00| Oil & Gas - Topix.net

Houston-based Endeavour International Corp. is continuing negotiations on a possible debt restructuring plan that would involve filing for Chapter 11 bankruptcy protection. The financially strapped and embattled oil and gas exploration and production company is in extensions of its forbearance agreements with noteholders after previously failing to make interest payments on its debt, including after a grace period that ended Oct. 1, and causing a default.

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23.11 EVA 6
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