(EMAILWIRE.COM, July 24, 2008 ) FAIRLESS HILLS, Pa. -- July 24, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 2 of SEMGROUP BANKRUPTCY NEWS today. The 23-page newsletter contains stories with these headlines:


[00010] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL
[00011] SEMGROUP'S CCAA RESTRUCTURING DATABASE
[00012] OVERVIEW OF COMPANIES' CREDITORS ARRANGEMENT ACT
[00013] APPLICANTS OBTAIN CCAA STAY ORDER
[00014] APPLICANTS' MOTION TO APPOINT E&Y AS CCAA MONITOR
[00015] DEBTORS' MOTION TO CONTINUE USING CASH MANAGEMENT SYSTEM
[00016] DEBTORS' MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00017] DEBTORS' MOTION TO CONTINUE EXISTING BUSINESS FORMS
[00018] DEBTORS' MOTION TO EXTEND TIME TO COMPLY WITH SECTION 345
[00019] DEBTORS' MOTION TO EXTEND SCHEDULES FILING DEADLINE
[00020] DEBTORS' MOTION TO PAY PREPETITION EMPLOYEE OBLIGATIONS
[00021] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CASES
[00022] ADVERSARY PROCEEDING -- GECC vs. Debtors
[00023] SEMGROUP RECEIVES APPROVAL OF FIRST DAY MOTIONS
[00024] FITCH DOWNGRADES SEMGROUP COMPANIES' RATINGS
[00025] CESCENT HAS POSSIBLE $42.5-MIL. EXPOSURE TO SEMCANADA
[00026] HILAND HAS ESTIMATED $13-MIL. COLLECTIBLE FROM SEMGROUP
[00027] PETROFLOW DISCLOSES $3.2-MM COLLECTIBLE FROM SEMGROUP
[00028] PAA PIPELINE ANTICIPATES NO EXPOSURE TO SEMGOUP COMPANIES
[00029] TIEPPCO SEES NO MATERIAL IMPACT FROM SEMGROUP BANKRUPTCY
[00030] TORTOISE CAPITAL MAY HAVE UNSECURED CLAIM IN SEMGROUP


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SEMGROUP BANKRUPTCY NEWS tracks the restructuring of

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Contact Information:
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
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