Top Story | Private Equity | Bankruptcy / Restructure Update | Financial Trouble | Capital Markets
GOM-Focused Arena Energy Files for Bankruptcy
Arena Energy has filed for bankruptcy, according to multiple reports.
The Woodlands, TX-based company will be looking to eliminate ~$1.0 billion in debt through the process. The company's operations are focused on the Gulf of Mexico.
The company's bankruptcy case is being handled by the Southern District of Texas.
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Bankruptcy - Filing
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