Sign up to get free access to key risk and return factors, detailed company valuation, and analyst forecasts
Sign up to access all the key risk and return factors
Risks
Default risk
Data is available to registered users only
Volatility
Data is available to registered users only
Selling difficulty
Data is available to registered users only
Stress test
Data is available to registered users only
Country risks
Data is available to registered users only
Other risks
Data is available to registered users only
Sign up to access detailed risk analysis
About
Pacific Energy & Mining Company (PEMC), headquartered in Reno, Nevada, was involved in the exploration and extraction of oil and natural gas resources across the United States. Its assets included non-operated working interests in oil and gas fields located within Utah. The company initiated Chapter 11 bankruptcy proceedings on July 10, 2019, due to financial challenges. This attempt at reorganization was subsequently changed to a Chapter 7 liquidation by the US Bankruptcy Court for the District of Utah on November 7, 2019.