SemGroup, through bankrupcy proceedings, has agreed to partial payment too producers for the oil they delivered in June and first two weeks of July 2008. How many cents on the dollar MVO will get is unsure.

"The first purchaser class, which includes oil and gas producers who were stiffed by SemGroup when they sold product on credit around the bankruptcy period, approved the plan by a 377-27 vote. The bankruptcy court's Official Producers Committee signed off on the deal when a settlement promised more than $300 million last month. "