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SandRidge Energy (SD)became the latest victim of the oil crash, with the Oklahoma City-based shale driller filing for Chapter 11 bankruptcy on Monday. Based on roughly $4 billion of debt, SandRidge is the second-biggest oil-focused U.S. company to file for bankruptcy during the current oil bust, according to a CNNMoney analysis of stats compiled by […]

https://ghfinanceblog.wordpress.com/2016/05/16/heres-a-crude-reality-oil-prices-are-recovering-too-late-to-save-many-drillers-drowning-in-tons-of-debt/

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