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U.S. oil companies' restructuring plans founder as prices plunge

WILMINGTON, Del, Dec 1- When Samson Resources Corp filed this year's biggest energy-related bankruptcy in September, the oil and gas company said it had a deal to emerge from Chapter 11 protection by year-end. In the past 16 months, the price of oil has sunk to around $40 per barrel from about $100, ending years of elevated crude prices that fueled oil companies'...
Source: Reuters | By: Tom Hals
FACTBOX-Bankruptcies by N American oil and gas companies in 2015

The companies had total debt of $13 billion, according to data from law firm Haynes and Boone LLP. Dune Energy Inc 8- Mar $108 mln 0 $108 mln Texas 15-10336. BPZ Resources Inc 9- Mar 0 $238.6 mln $238.6 mln Texas 15-60016.
Source: Reuters