Case Study

Green Field Energy Services

Green Field Energy Services

Pages 2 Pages

HIGHLIGHTS • In March of 2014, Gordon Brothers Group received sale order approval by the bankruptcy court for Green Field Energy Services’ entire portfolio of equipment and inventory assets and undertook its immediate disposition. At that time, the Cushing, OK WTI Spot Price was approximately $100 per barrel. • As the transaction proceeded, the WTI Spot Price of Oil declined dramatically, falling below $50 per barrel as the project w

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