💥New Chapter 11 BK - Independence Contract Drilling Inc.💥
Macro headwinds edge drilling services company into chapter 11
On December 2, 2024, Houston-based Independence Contract Drilling Inc. and Sidewinder Drilling LLC (together, the "debtors") filed prepackaged chapter 11 bankruptcy cases in the Southern District of Texas (Judge Perez).
The debtors provide land-based contract drilling services for oil and gas producers in the US. The first day declaration from CEO, Antho…
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