Consumer Law
An Oklahoma-Based Energy Company Has Emerged from Bankruptcy
Oklahoma City-based Gulfport Energy Corp. is back (from bankruptcy).
On Tuesday, the company announced it successfully completed a restructuring process to emerge from chapter 11 protection with a new interim CEO, a new board and significantly less debt.
It is among numerous Oklahoma-based energy companies to emerge from bankruptcy in recent years, including Chesapeake Energy, which emerged from its process in February.
