UPDATE 1-Blackstone shale oil venture Gavilan Resources files for bankruptcy
Blackstone Group’s
Gavilan Resources LLC filed for Chapter 11 bankruptcy late on
Friday, citing this year’s oil price collapse and a bitter legal
battle with a partner.
Gavilan Resources LLC filed for Chapter 11 bankruptcy late on
Friday, citing this year’s oil price collapse and a bitter legal
battle with a partner.
Posted by Reuters
