On November 2, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Duer Wagner III Oil & Gas, LP and its affiliates.
The filing was assigned docket number 240 and is described on the court’s official docket as follows:
Motion to compromise controversy with CLMG. and Assume of Executory Contracts Filed by Consolidated debtor Bodine Oil & Gas, LP, Duer Wagner III & Partners, LLC, Duer Wagner III Energy, LLC, Duer Wagner III, Inc., Jeffcoat, LP, Lett Oil & Gas, LP, Modano Oil & Gas, LP, Norton Oil & Gas, LP, Nowitzki Oil & Gas, LP, Teixeira Oil & Gas, LP, Woodson Oil & Gas, LP, Debtor Duer Wagner III Oil & Gas, LP Objections due by 11/27/2015. (Attachments: # (1) Exhibit 1 (1 of 5) Term Sheet # (2) Exhibit 1 (2 of 54) Term Sheet # (3) Exhibit 1 (3 of 5) Term Sheet # (4) Exhibit 1 (4 of 5) Term Sheet # (5) Exhibit 1 (5 of 5) Term Sheet # (6) Exhibit 2 Mutual Release # (7) Exhibit 3 Proposed Settlement Order # (8) Exhibit 4 Schedule # (9) Mailing List) (Jones, Hunter)
Duer Wagner III Oil & Gas, LP filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Texas . The case number for the lead bankruptcy case is 15-41961. The bankruptcy case is currently assigned to United States Bankruptcy Judge Russell Nelms. The law firm of Shannon, Gracey, Ratliff & Miller, LLP is acting as lead bankruptcy counsel to Duer Wagner III Oil & Gas, LP in the bankruptcy case.