New York, May 27, 2015 -- Moody's Investors Service, ("Moody's") downgraded Denver Parent Corporation's (DPC) Corporate Family Rating (CFR) to Ca from Caa2 and revised the Probability of Default Rating (PDR) to Ca-PD/LD from Caa2-PD. Moody's also downgraded DPC's senior unsecured rating to C from Ca, and its operating subsidiary, Venoco, Inc.'s (Venoco) senior unsecured notes rating to Ca from Caa2. Speculative Grade Liquidity Rating of SGL-4 at DPC remains unchanged. The rating outlook remains negative.
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