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Offshore oil rig operator Paragon files for chapter 11 - MarketWatch
MarketWatch | Offshore oil rig operator Paragon files for chapter 11 MarketWatch Offshore drilling rig operator Paragon Offshore PLC filed for chapter 11 bankruptcy Sunday, with an agreed turnaround plan that will reduce its debts by about $1.1 billion. A casualty of plummeting oil prices, Paragon announced on Friday that it ... |
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