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OSLO, July 26 (Reuters) - Offshore drilling contractor Seadrill delayed the restructuring of its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy proceedings were likely.<br><br>Once the world's biggest offshore rig firm by market value, its shares have plunged 99 percent since a peak hit in September 2013.<br><br>The crown jewel in the business empire of billionaire of John Fredriksen, has struggled as energy firms have slashed investment due to a more than 50 percent fall on crude prices since 2014.<br><br>"(Seadrill) has reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until Sept 12," the firm said in a statement, pushing back a previous July 31 deadline.<br><br>In April, Seadrill warned its shares would lose almost all of their value and its bonds would be hit as it was preparing for potential bankruptcy proceedings. It reiterated the statement on Wednesday.<br><br>"We continue to believe that implementation of a comprehensive restructuring plan will likely involve Chapter 11 proceedings," it said.<br><br>The company said such a plan would require a substantial impairment or conversion of its bonds, impairment and losses for other stakeholders, including shipyards, while shareholders are likely to receive minimal recovery for their existing shares. (Reporting by Ole Petter Skonnord and Gwladys Fouche; editing by Jason Neely)<br><br>If you loved this post and you would want to receive much more information regarding jewel star please visit our own page.
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"Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon" (Pegasus Books), by John Clayton<br><br>John Clayton explores the vast historical and cultural history of one of the most popular national parks to uncover why Yellowstone is so beloved in "Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon."<br><br>Clayton visited Yellowstone National Park for the first time in 1988, and he immediately was captivated by the area's history, geology and wildlife. Yellowstone is the poster child for the National Park Service, and it has been the focal point for debates about climate change and wildlife management for some time. The history is vast and surprising, and Clayton takes several key moments in the life of Yellowstone to follow its growth and why it continues to be the jewel of the system.<br><br>This cover image released by Pegasus Books shows, "Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon," by John Clayton. (Pegasus Books via AP)<br><br>In the early years of the United States, the first explorers of the West heard stories about a land with canyons, geysers and waterfalls that sounded too good to be true. It wasn't until Thomas Moran returned from a trip with paintings of what he saw that the unique region actually lived up to the rumors. Soon after the land was set aside as a park, but since there was no National Park Service, it was initially an area where everything from people building houses to a zoo could be seen. The wild animals were part of the experience and steps were taken to make them part of a show.<br><br>The book includes elements of the park's history from its initial creation in an area where states hadn't been established yet to the present, where the folks who work there have to struggle with the dichotomy of keeping the land pristine while also keeping the visitors happy. In 11 chapters, Clayton examines key moments along with the colorful cast of characters who helped shape Yellowstone as we know it today. (One of them is a cartoon character that debuted on television in 1958.)<br><br>The author has crafted a book that will appeal to national park aficionados and fans of Yellowstone National Park, and by breaking down the pivotal moments in bite-size chunks, he's also written a terrific page-turning experience.<br><br>In case you have just about any queries regarding in which as well as tips on how to utilize jewel star, you'll be able to call us on our own page.

Revision as of 11:29, 25 November 2017

"Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon" (Pegasus Books), by John Clayton

John Clayton explores the vast historical and cultural history of one of the most popular national parks to uncover why Yellowstone is so beloved in "Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon."

Clayton visited Yellowstone National Park for the first time in 1988, and he immediately was captivated by the area's history, geology and wildlife. Yellowstone is the poster child for the National Park Service, and it has been the focal point for debates about climate change and wildlife management for some time. The history is vast and surprising, and Clayton takes several key moments in the life of Yellowstone to follow its growth and why it continues to be the jewel of the system.

This cover image released by Pegasus Books shows, "Wonderlandscape: Yellowstone National Park and the Evolution of an American Cultural Icon," by John Clayton. (Pegasus Books via AP)

In the early years of the United States, the first explorers of the West heard stories about a land with canyons, geysers and waterfalls that sounded too good to be true. It wasn't until Thomas Moran returned from a trip with paintings of what he saw that the unique region actually lived up to the rumors. Soon after the land was set aside as a park, but since there was no National Park Service, it was initially an area where everything from people building houses to a zoo could be seen. The wild animals were part of the experience and steps were taken to make them part of a show.

The book includes elements of the park's history from its initial creation in an area where states hadn't been established yet to the present, where the folks who work there have to struggle with the dichotomy of keeping the land pristine while also keeping the visitors happy. In 11 chapters, Clayton examines key moments along with the colorful cast of characters who helped shape Yellowstone as we know it today. (One of them is a cartoon character that debuted on television in 1958.)

The author has crafted a book that will appeal to national park aficionados and fans of Yellowstone National Park, and by breaking down the pivotal moments in bite-size chunks, he's also written a terrific page-turning experience.

In case you have just about any queries regarding in which as well as tips on how to utilize jewel star, you'll be able to call us on our own page.

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