San Antonio-based, Age Refining, Inc., filed for chapter 11 bankruptcy at the United States Bankruptcy Court, Western District of Texas. The debtor, a manufacturer of fuels and solvents, owns and operates a petroleum refinery with two processing facilities. They employ approximately 80 people.
According to Court documents, the debtor estimates total liabilities of $148 million. The top unsecured creditor is listed as Shell Trading (US) Company with a trade claim of approximately $10.8 million.
The debtor is represented by Cox Smith Matthews Incorporated.
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Debtor Name: Triple J Oilfield Services, Inc.
Year Filed: 2010
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: Less than 10,000,000
Case Number: 10-70048
Industry: Oil/Gas, Construction/Engineering, Trucking
The Mission, TX-based debtor lists assets of approximately $4 million.
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Debtor Name: Ultimate Equipment Co., LLC
Year Filed: 2010
Jurisdiction: United States Bankruptcy Court / Western District of Oklahoma
Asset Size: 10,000,000 to 100,000,000
Case Number: 10-10160
Industry: Oil/Gas
Need to learn about new oil/gas chapter 11 filings? We can help. Inquire about our chapter 11 notification service. Contact Ken at ktroubh@nationwideresearch.com for details.
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Debtor Name: Deep Marine Technology Incorporated
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: 100,000,001 to 500,000,000
Case Number: 09-39314
Industry: Oil/Gas, Marine, Construction/Engineering
Based in Houston.
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Debtor Name: Drillmar Oil & Gas, Inc.
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: Less than 10,000,000
Case Number: 09-38737
Industry: Oil/Gas, Energy, Construction/Engineering
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Debtor Name: Central Kansas Crude LLC
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / District of Kansas
Asset Size: 10,000,000 to 100,000,000
Case Number: 09-13798
Industry: Oil/Gas, Energy
The Pratt, KS-based crude broker's petition lists $10-$50 million in assets and liabilities.
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Debtor Name: Bigler LP
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: 10,000,000 to 100,000,000
Case Number: 09-38188
Industry: Oil/Gas, Chemicals, Transportation
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Debtor Name: South Texas Oil Company
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Western District of Texas
Asset Size: 10,000,000 to 100,000,000
Case Number: 09-54233
Industry: Oil/Gas, Energy, Real Estate
San Antonio-based, South Texas Oil Company, filed for chapter 11 bankruptcy at the United States Bankruptcy Court for the Western District of Texas. The oil and gas exploration and production company listed $49 million in assets on its October 29th petition.
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Debtor Name: Express Energy Services Operating, LP
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: 100,000,001 to 500,000,000
Case Number: 09-38044
Industry: Oil/Gas, Energy
Source: www.chapter11library.com
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Stallion Oilfield Services Ltd. filed for chapter 11 bankruptcy today at the United States Bankruptcy Court in Wilmington, DE. The Bank of New York Trust Company, N.A. and Wilmington Trust Company are listed as the largest unsecured creditors with $283.9 million and $259.3 million claims respectively.
The privately-held partnership, based in Houston, is a provider of oilfield services in the United States. They employ approximately 1700 people throughout 65 U.S. field offices. According to Court documents, the debtor has total consolidated funded debt of approximately $755.1 million, including $240.1 million in secured bank debt.
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Debtor Name: PNG Ventures, Inc.
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / District of Delaware
Asset Size: 10,000,000 to 100,000,000
Case Number: 09-13162
Industry: Oil/Gas, Energy
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Debtor Name: Pisces Energy, LLC
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Southern District of Texas
Asset Size: 100,000,001 to 500,000,000
Case Number: 09-36591
Industry: Oil/Gas, Energy
Indem Co of Houston is listed as the largest unsecured creditor with a $35m bond claim. (petition)
Contact Ken at ktroubh@nationwideresearch.comto monitor new chapter 11s in the energy space.
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Debtor Name: B & L Investments, Inc.
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Eastern District of Virginia
Asset Size: Less than 10,000,000
Case Number: 09-73281
Industry: Oil/Gas, Automobile/Auto Parts/Services, Retail
Source: www.chapter11library.com
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Debtor Name: Cornerstone E & P Company, LP
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Northern District of Texas
Asset Size: 10,000,000 to 100,000,000
Case Number: 09-35228
Industry: Oil/Gas, Energy
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- Debtor Name: Oil Chem, Inc.
- Year Filed: 2009
- Jurisdiction: United States Bankruptcy Court / Eastern District of Michigan
- Asset Size: Less than 10,000,000
- Case Number: 09-34022
- Industry: Oil/Gas, Environmental Services
Need a nightly list of new Chapter 11 filings in your industry? Contact Ken at ktroubh@nationwideresearch.com
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Debtor Name: O2Diesel Corporation
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / District of Delaware
Asset Size: Less than 10,000,000
Case Number: 09-12585
Industry: Oil/Gas, Energy
The debtor researches, develops and commercializes alternative fuel and fuel additives.
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Debtor Name: Black Viper Energy Services, Ltd.
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Western District of Texas
Asset Size: Less than 10,000,000
Case Number: 09-70168
Industry: Oil/Gas, Energy
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Debtor Name: Abraham Petroleum Corporation
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Puerto Rico
Asset Size: Less than 10,000,000
Case Number: 09-05928
Industry: Oil/Gas, Energy
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Debtor Name: Aurora Oil & Gas Corporation
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Western District of Michigan
Asset Size: 100,000,001 to 500,000,000
Case Number: 09-08254
Industry: Oil/Gas, Energy
Traverse City, MI-based natural gas company. $104 million in assets.
Check out our database of Chapter 11s at www.chapter11library.com
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Gas petroleum distributor based in Puerto Rico files for chapter 11
Debtor Name: Hermanos Torres Perez, Inc.
Year Filed: 2009
Jurisdiction: United States Bankruptcy Court / Puerto Rico
Asset Size: Less than 10,000,000
Case Number: 09-05585
Industry: Oil/Gas
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On Friday, June 19th, Sonoran Energy, Inc. filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court for the Northern District of Texas. The Addison, TX-based debtor listed assets of $47 million (book value) and liabilities of $26.4 million on its Exhibit “A” to the voluntary petition. Unsecured creditors include MI SWACO, Crescent Drilling Foreman and Integrated Production Services.
The debtor is an oil and gas company with operations in Texas and Louisiana.
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Uribe, Inc. filed for chapter 11 bankruptcy protection at the United States Bankruptcy Court for the Eastern District of Washington. The debtor's petition lists assets and liabilities as less than $10 million. Bank of Whitman is listed as the largest unsecured creditor with a $1.7 million business loan claim.
Uribe, Inc. is a pipeline construction company based in Pasco, WA.
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On Sunday May 31st, Eagle Geophysical, Inc. filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court for the Southern District of Texas. The Houston, TX-based debtor listed assets between $1 and $10 million and liabilities between $10 and $50 million.
From the debtor’s website: “Eagle Geophysical was formed in 1993 as a highly focused upstream oilfield service company engaged in the business of providing geophysical services, with a specialization in the acquisition of high definition surface seismic data in logistically difficult onshore environment. Eagle’s crews have been deployed from California to Alabama to Wyoming utilizing the latest in technology and procedures.”
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On Tuesday, MSB Energy, Inc. filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court for the Eastern District of Texas (Sherman Division). The Frisco, TX-based debtor is an oil and gas operator and developer. The Law Office of Joyce W. Lindauer has been retained as counsel.
The debtor’s petition lists both assets and liabilities in the $10 to $50 million range. Click here to download the petition, including a complete creditors’ list.
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Particle Drilling Technologies, Inc. filed for Chapter 11 bankruptcy protection on 5/30/2009 at the US Bankruptcy Court for the Southern District of Texas. The Houston, TX-based debtor listed both assets and liabilities in the $1 to $10 million range. The two largest unsecured creditors are Bracewell & Giuliani, LLP and Vinson & Elkins, owed $169K and $141K respectively. The debtor is an oilfield service company. For more information, download the key documents here.
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Dinosaur Oil and Gas, Inc. filed for chapter 11 bankruptcy protection yesterday at the US Bankruptcy Court for the Southern District of Texas. The debtor’s petition lists assets of $1 million to $10 million and liabilities of $100,000 to 500,000.
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Young Oil Corporation filed for chapter 11 bankruptcy protection yesterday at the US Bankruptcy Court for the Western District of Kentucky. The debtor is a privately owned oil and gas exploration company. The petition lists assets of $1 million to $10 million and liabilities of $50 million to $100 million. The listed liabilities include a disputed $33 million unsecured claim owed to Target Oil and Gas Corporation.
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PetroRig I Pte Ltd filed for chapter 11 bankruptcy protection yesterday at the U.S. Bankruptcy Court for the Southern District of New York. The petition lists $100 to $500 million in both assets and liabilities. The Singapore based company is constructing deepwater semi-submersible harsh environment drilling rigs.
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TXCO Resources Inc. filed for chapter 11 bankruptcy protection yesterday at the US Bankruptcy Court for the Western District of Texas. The debtor is a publicly traded oil and natural gas enterprise focused on the exploration, production, and acquisition of onshore domestic energy reserves. The debtor’s petition listed assets of approximately $432 million and liabilities of approximately $323 million. Weatherford Artificial Lift Systems and Strata Directional Technology are listed as the largest unsecured creditors. Download the source documents here.
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Energytec, Inc. filed for chapter 11 bankruptcy protection on May 13, 2009, at the US Bankruptcy Court for the Eastern District of Texas. The debtor, an oil and gas exploration and production company, listed assets of $33.7 million and liabilities of $12.5 million. There were nearly 70 million shares of common stock outstanding as of 12/31/2008. Download source documents here
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Energy Partners, LTD. filed for chapter 11 on Friday at the United States Bankruptcy Court for the Southern District of Texas. The debtor, based in New Orleans, is represented by Vinson & Elkins LLP.
Energy Partners, LTD. is an oil and gas exploration and production company. Their chapter 11 filing lists $770 million in assets and $708 million in debts. U.S. Bank National Association (as indenture trustee) is listed as the largest unsecured creditor.
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Oil & Gas Equipment Leasing, LLC filed for chapter 11 bankruptcy today at the United States Bankruptcy Court for the District of Colorado. The debtor, based in Lone Tree, CO, listed $5.5 million in liabilities on its schedules.
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Crusader Energy Group Inc. filed for chapter 11 bankruptcy today at the United States Bankruptcy Court in Dallas. The debtor, based in Oklahoma City, listed $750 million in assets.
Crusader Energy Group Inc. is engaged in the exploration, development and production of oil and natural gas. They are represented by Vinson & Elkins LLP.
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