Idan Ofer’s Pacific Drilling is seeking to strike a restructuring agreement with creditors next month.
Pacific Drilling filed for chapter 11 last November and is scheduled for mediation talks with creditor groups overseen by retired New York bankruptcy judge James R. Peck.
The driller late last month extended an exclusivity period to file a plan of reorganization and has a date of 21 May penciled in to submit that to the court.
