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Fieldwood Energy Llc, A Houston-Based, Private-Equity Backed Exploration And Production Company (The Company), Is Focused On The Acquisition And Development Of Oil And Gas Assets In The Gulf Of Mexico Region. On February 14, 2018, The Company Filed For Chapter 11 Bankruptcy Protection In The Southern District Of Texas Through A ‘Prepackaged’ Plan, Which Included A Debt-For-Equity Swap And The Purchase Of $525 Million Of Assets.