Linn Energy Says Bankruptcy May Be 'Unavoidable' - cDiver
Linn Energy LLC said a bankruptcy filing may be “unavoidable” as the struggling oil-and-gas producer stares at defaults on interest payments amid a slump in oil prices. The company, which operates in California, Wyoming and North Dakota shale fields, also said there was substantial doubt about its ability to continue as a “going concern” after... Continue Reading »