Denbury Resources Inc. became the latest debt-laden oil producer to say it will seek bankruptcy and hand ownership to lenders in the aftermath of a pandemic-fueled plunge in crude prices. The Plano, Texas-based driller said it will file a Chapter 11 petition in U.S. Bankruptcy Court in the Southern District of Texas by July 30, with support from its creditors and bankruptcy financing in place. It joins a long list of other oil and gas producers that have been forced to seek protection in recent months. The most well-known of those names, Chesapeake Energy Corp., filed for court protection in June. Denbury cut a deal with holders of its revolving credit facility, second-lien and convertible notes to slash $2.1 billion of bond debt, according to a company […]