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Sable Permian Resources Finance filed for bankruptcy protection last week

June 29, 2020 | Cbonds

Another oil and gas company filed for Chapter 11 bankruptcy protection.

On June 25, Sable Permian Resources Finance announced bankruptcy restructuring. It has $707 million in debt.
The company has secured debtor-in-possession financing of $150 million to fund the operations during the process. Currently, it has been negotiating with advisers and stakeholders on a range of alternatives.

Company: Sable Permian Resources Finance

Full company nameSable Permian Resources Finance, LLC (formerly American Energy-Permian Basin, LLC)
Country of riskUSA
Country of registrationUSA
IndustryOil and gas


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