A large oilfield services and tool company (“the Company”) supplies a wide offering of rental equipment and services for drilling, completion and well control activities—serving a diverse base of oil and natural gas E&P operators. Opportune was engaged as Chief Restructuring Officers by the Company to prepare and navigate it through a complex pre-arranged Chapter 11 bankruptcy filing for its 13 entities. The Company was running out of cash and needed to file for bankruptcy within a few weeks of our arrival.
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A large oilfield services and tool company (“the Company”) supplies a wide offering of rental equipment and services for drilling, completion and well control activities—serving a diverse base of oil and natural gas E&P operators. Opportune was engaged as Chief Restructuring Officers by the Company to prepare and navigate it through a complex pre-arranged Chapter 11 bankruptcy filing for its 13 entities. The Company was running out of cash and needed to file for bankruptcy within a few weeks of our arrival.