Penn Virginia, Republic Midstream Settlement Wins Approval

"A settlement inked between Penn Virginia Corp. and pipeline contractor Republic Midstream LLC won court approval Thursday, clearing another obstacle for the oil and gas driller as it tries to exit bankruptcy protection.

'We see today as a watershed moment in the chapter 11 cases because it's the first time we don't have a contested item on the agenda,' Penn Virginia attorney Brian Schartz said Thursday."

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This article appeared in its entirety in the August 4 edition of The Wall Street Journal.