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An Oil Company Went Up in Flames, Burning Lenders and the Planet

(Bloomberg) — Mark Siffin’s love affair with the Permian era started when he was a teenager on a surfboard in Hawaii. He was bobbing off the coast of Oahu when Diamond Head, the state’s most recognizable landmark, caught his eye. Its formation, the product of a volcanic eruption many millennia ago, fascinated him. So when Siffin got the chance some 50 years later to tap an even older rock, he dove right in.Most Read from BloombergStartup Fever Is Gripping the World’s Last Big Untapped NationHon