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May 8, 2017

OPEC: We Will Do “Whatever it Takes” to Rebalance Oil Markets

May 8, 2017

OPEC could extend cuts to 2018, but in the long run U.S. shale “won’t make a dent” As oil prices struggle to stay above $50 per barrel, OPEC appears to be ready to extend production cuts through the second half of 2017 in an attempt to rebalance markets. Both WTI and Brent crude oil prices were up slightly today, but

Ocean Rig UDW Inc., Drillships Financing Holding Inc. and Drillship Ocean Ventures Inc. Announce Satisfaction of Scheme Trigger Date Conditions, Extension of Deadline Relating to Term Loan Early Consent Fee, and Issuance of Claims Trading Protocol. Scheme for Drill Rigs Holdings Inc. May Be Postponed.

May 8, 2017

Ocean Rig UDW Inc., Drillships Financing Holding Inc. and Drillship Ocean Ventures Inc. Announce Satisfaction of Scheme Trigger Date Conditions, Extension of Deadline Relating to Term Loan Early Consent Fee, and Issuance of Claims Trading Protocol. Scheme for Drill Rigs Holdings Inc. May Be Postponed.

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