O’Hara dips back into Pacific bid

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O’Hara dips back into Pacific bid

Pacific Rubiales, Colombia, oil, Pacific Exploration & Production
In this Feb. 13, 2015 photo, a truck loaded with crude from the Campo Rubiales oil field crosses the bridge over the Manacacias River in Puerto Gaitan, Colombia. A net oil importer not too long ago, Colombia is now the fifth biggest supplier to the U.S. (AP Photo/Fernando Vergara) | Fernando Vergara/AP/Press Association Images

A last minute bid by O’Hara Administration to interrupt Colombian oil company Pacific Exploration & Production’s restructuring with Catalyst Capital offers sweeter terms for creditors but may struggle to find support among bondholders.

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