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Wednesday, 07/26/2017 6:41:14 AM

Wednesday, July 26, 2017 6:41:14 AM

Post# of 648882
SDRL -12.6% premarket--Once the biggest offshore rig firm by market, Seadrill (NYSE:SDRL) is again delaying restructuring its $14B in debt and liabilities, reiterating that Chapter 11 bankruptcy was likely.

The company's business has struggled as energy firms have slashed investment due to a more than 50% fall in the price of crude oil since 2014.

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