PE-backed Bruin files for bankruptcy: Bloomberg

Houston-based oil and gas producer Bruin E&P Partners has filed for bankruptcy, reported Bloomberg.

Houston-based oil and gas producer Bruin E&P Partners has filed for bankruptcy, reported Bloomberg. The news outlet noted that the firm “listed assets and liabilities of between $1 billion and $10 billion on its bankruptcy petition.” Bruin is backed by ArcLight Capital Partners LLC.

Source: Bloomberg