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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-04-08 11:59 AM
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SemGroup woes have ripple effect
Numerous Wichita-area and Kansas companies are on the 900-page list of creditors that SemGroup filed with U.S. Bankruptcy Court in Delaware. Company officials said it owes at least $2.52 billion just to its lenders.

"I think the greatest fear out there is that this is not an anomaly; that it might be the first of more to come," said Ed Cross, executive vice president of the Kansas Independent Oil and Gas Association.

http://www.kansas.com/101/story/482151.html
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