Yes...however Assets were configured (and released at the time of the filing) based on historic valuations...not current valuations. There could be a significant material difference.
Setting the results of the Clipper Wells Project aside its debatable equity survives...I'm not optimistic ...but there are considerable NOL's involved here (perhaps $1 Billion +) and that could change everything.
NOL's imo are the best argument an equity holder would have going forward...and it would be a good argument. We'll see.
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