Texas oil company to restructure

Texas oil company to restructure Houston (UPI) May 19, 2016 - A Texas oil company working in the state shale basins, as well as those in North Dakota, said it was working to eliminate its debt through a restructuring plan. Halcon Resources Corp., which has headquarters in Texas, announced it settled on the terms to restructure its balance sheet through bankruptcy. "The restructuring plan, if implemented, will result in the elimination of ap ... more

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