Paragon Offshore Announces Binding Support of Revised Restructuring Plan
August 10, 2016 16:43 ET
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Paragon Offshore Services LLC
100% of Revolver Lenders Support the Revised Restructuring Plan69% of Bondholders Support the Revised Restructuring Plan HOUSTON, Aug. 10, 2016 (GLOBE NEWSWIRE) -- Paragon Offshore plc (“Paragon”...
Paragon Offshore Reports Second Quarter 2016 Results and Provides Fleet Status Report
August 08, 2016 16:01 ET
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Paragon Offshore Services LLC
Second quarter 2016 revenues of $185 million; net loss of $25 million or $0.29 per share Adjusted EBITDA of $66 million net of reorganization itemsContract drilling services costs 19 percent...