Energy & Exploration Partners, Inc. (Voluntary) Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On December 8, 2015, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Energy & Exploration Partners, Inc. (Voluntary) and its affiliates.

The filing was assigned docket number 21 and is described on the court’s official docket as follows:

Objection to (related document(s): [16] Motion to obtain financing Debtors Motion for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Obtain Priming and Superpriority Postpetition Financing Pursuant to 11 U.S.C. Sections 105, 361, 362, 364(c)1), 364(c)(2), 364(c)(3), 364(d)( filed by Debtor Energy & Exploration Partners, Inc.) / Objection of Ad Hoc Group to Motion of Debtors and Debtors in Possession for Entry of Interim and Final Orders Authorizing Debtors to Obtain Priming and Superpriority Postpetition Financing and Use Cash Collateral filed by Creditor Ad Hoc Group of Term Loan Lenders. (Attachments: # (1) Exhibit A – Term Sheet # (2) Exhibit B – DIP Budget # (3) Exhibit C – Proposed Order) (Perez, Alfredo)

Energy & Exploration Partners, Inc. (Voluntary) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 7, 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 15-44931. The bankruptcy case is currently assigned to United States Bankruptcy Judge Russell Nelms. The law firm of Bracewell & Giuliani, L.L.P. is acting as lead bankruptcy counsel to Energy & Exploration Partners, Inc. (Voluntary) in the bankruptcy case.

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