Ascent Resources Marcellus emerges from bankruptcy

Ascent Resources Marcellus Holdings has announced the company and its wholly-owned subsidiaries have emerged from Chapter 11 bankruptcy roughly seven weeks after filing for protection from creditors, according to Kallanish Energy. The news site says a bankruptcy filing by the Ascent companies on February 6, 2018 was part of a consensual financial restructuring approved by certain holders of first- and second-lien term loans. For more, read the full story.

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