Coronavirus and drop in oil price sees EP Energy Chapter 11 plan abandoned
EP Energy controlled oil drilling assets in Texas and Utah (Credit: shutterstock.com/Ronnie Chua)
US oil and gas company EP Energy has had its Chapter 11 restructuring plan consensually revoked only two weeks after it was confirmed in Texas, with parties noting the “extreme” changes in market conditions.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now