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Under the Chapter 11 protection, Gulfport (GPOR) will be able to reduce its funded debt by $1.25 billion as well as lower its cash and annual expense.
Whiting Petroleum Corp (WLL) CEO Bradley Holly on Q3 2020 Results - Earnings Call Transcript
Kodak is heading toward a second bankruptcy. Investing in Kodak stock ranks right up there with some of 2020's dumbest bets by investors.
At $40 WTI oil in 2021, Whiting should be able to reduce its credit facility debt to around $200 million by the end of 2021. It has made progress in reducing total lease operating expenses, although o
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