New Chapter 11 Filing - Ascent Resources Marcellus Holdings, LLC
Ascent Resources Marcellus Holdings, LLC
2/6/18 Recap: Oklahoman producer of oil and natural gas in the Marcellus Shale basis filed for bankruptcy to effectuate a prepackaged bankruptcy in agreement with its major creditors. We've seen this movie before. Business is capital intensive...yada yada yada...natural gas prices rolled over...yada yada yada...pr…