ERG Resources, LLC Files For Bankruptcy In Dallas, Texas

On April 30, 2015, ERG Resources, LLC and certain  of its affiliates (collectively, the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. According to the Debtors’ motion seeking joint administration of their cases, the Debtors own and operate oil and gas leases in the Cat Canyon Field in Santa Barbara, California (approximately 19,027 gross acres) and in Liberty County, Texas (approximately 683 gross acres).The Debtors’ bankruptcy cases have been assigned to Bankruptcy Judge Harlin D. Hale and the Debtors are seeking to have their cases jointly administered under the lead case of In re ERG Intermediate Holdings, LLC [Case No. 15-31858].Further information on the Debtors’ bankruptcy cases can be accessed here.For further information, please contact a Thompson & Knight Bankruptcy and Restructuring Attorney. For more information on the Thompson & Knight’s Bankruptcy and Restructuring Practice, please visit www.tklaw.com/bankruptcy-and-restructuring/.