FERC Says Gulfport Energy Can’t Cancel REX Pipeline Contracts

While Gulfport Energy (big Ohio Utica driller) hasn’t officially filed for bankruptcy, it’s certainly a possibility (see Gulfport Energy Misses Debt Payment, in “Restructuring” Talks). Rockies Express (REX) pipeline, as a preemptive measure to prevent Gulfport from using Chapter 11 as an excuse to break its contract, asked the Federal Energy Regulatory Commission (FERC) to issue an order that disallows Gulfport from breaking its REX contract should it file for bankruptcy.

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment