Offshore oil rig operator Paragon files for chapter 11 - 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 ...
Paragon Offshore Files Bankruptcy After Announcing Debt PlanBloomberg
Paragon Offshore declare bankruptcyMaritime News (press release) (blog)

all 5 news articles »