Friday, January 08, 2021 3:06:31 PM
Form 10-Q for further information on this early redemption). SORC’s oil field assets are held for sale and consequently, were written down to estimated fair value, which reflects a significant decline in oil prices, less costs to sell. In the third quarter of 2020, certain of SORC’s oil field assets were sold at values that approximated their reduced carrying value.
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