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Tales of woe stain Gulf Coast oil patch

THE blood is starting to flow as a swathe of US independent junior oilers begin to collapse, knoc...

Haydn Black
Tales of woe stain Gulf Coast oil patch

Milagro Oil & Gas and Sabine Oil & Gas became the sixth and seventh companies to file for the protection, which, unlike Chapter 3 bankruptcy, gives companies time to reorganise their finances as the shale...

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