Breitburn Energy Chapter 11 restructuring

Overview:

• Breitburn Energy has emerged from Chapter 11 restructuring proceedings. 
• The company will now be known as Maverick Natural Resources. 
• Maverick is controlled by private equity firm EIG Global Energy Partners. 
• The company had reported assets of $4.7 billion and debts aggregating $3.4 billion when it underwent Chapter 11 proceedings. 
• Maverick's current debt sits at $105 million. 

Katrin Kostadinova - Data analyst