Shale company Sabine Oil&Gas Corp announces itself bankrupt
Edited by Rhod Mackenzie / 2015-07-16 01:10:31
On July 16, 2015, American shale company Sabine Oil & Gas Corp announced its bankruptcy.
As of May 31, 2015, the company Sabine had $2.5 billion of assets and $2.9 billion of obligations.