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Weatherford plans Chapter 11 Bankruptcy

Oil & Gas Field Operations

nhoogend June 13, 2019, 12:18pm #1

Journal of Petroleum Technology explains the financial trouble that Weatherford faces…

spe.org

Weatherford Plans Chapter 11 Restructuring

Weatherford said it will file for bankruptcy after reaching a deal with its biggest lenders to halve its debt load and provide financing during and after the process.

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