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Pacific Drilling opts for Chapter 11

Pacific Drilling has joined the likes of Valaris, Diamond Offshore and Noble Corp in heading down the Chapter 11 bankruptcy protections route at a court in Texas. “With approximately $120 million of cash and cash equivalents as of October 30, 2020, and seven of the most advanced high-specification drillships in the world, Pacific Drilling intends …

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Pacific Drilling has joined the likes of Valaris, Diamond Offshore and Noble Corp in heading down the Chapter 11 bankruptcy protections route at a court in Texas. “With approximately $120 million of cash and cash equivalents as of October 30, 2020, and seven of the most advanced high-specification drillships in the world, Pacific Drilling intends …

[post_title] => Pacific Drilling opts for Chapter 11 [post_excerpt] => Pacific Drilling has joined the likes of Valaris, Diamond Offshore and Noble Corp in heading down the Chapter 11 bankruptcy protections route at a court in Texas. “With approximately $120 million of cash and cash equivalents as of October 30, 2020, and... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => pacific-drilling-opts-for-chapter-11 [to_ping] => [pinged] => [post_modified] => 2020-11-02 03:20:00 [post_modified_gmt] => 2020-11-02 03:20:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=130723 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )