Shale driller Unit Corp. is planning to file for bankruptcy in the wake of collapsing crude prices, according to people familiar with the matter.
The Oklahoma-based driller is working with restructuring advisers from Opportune LLP and Vinson & Elkins LLP to prepare the chapter 11 filing, they said.
Representatives of Unit Corp., Opportune...
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April 22, 2020 at 02:43AM
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Shale Driller Unit Corp. Prepares for Bankruptcy Filing - The Wall Street Journal
"corp" - Google News
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