A deal to buy Extraction Oil & Gas out of bankruptcy remains a possibility, and, with a looming court deadline for a deal, news of transaction could emerge any day.
Potential acquirers and the Denver-based oil and gas producer have until Sept. 17 to notify the federal bankruptcy court in Delaware and propose to buy Extraction, or parts of it, in a deal that restructures its debt.
It’s not clear what company would try to buy Extraction Oil & Gas.
Some analysts contacted for this story didn’t…
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