Plains gets blame for Venoco bankruptcy filing

You are here: Home > Energy > Current Article

By Alex Kacik / Friday, March 25th, 2016 / Comments Off on Plains gets blame for Venoco bankruptcy filing

Venoco’s Platform Holly has been shut-in since the May 2015 Refugio oil spill. Venoco, one of the region’s leading oil and gas producers, has filed for Chapter 11 bankruptcy protection in an attempt to shed nearly $1 billion of debt. The biggest property taxpayer in Santa Barbara County has been buffeted by the plunge in…

This article is only available to Business Times subscribers

Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
Check the STATUS of your Subscription Account.