Lonestar Geophysical Surveys, LLC Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On May 19, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Lonestar Geophysical Surveys, LLC and its affiliates.

The filing was assigned docket number 4 and is described on the court’s official docket as follows:

Motion for Debtor in Possession Use of Cash Collateral and Granting of Post-Petition Liens РEmergency Motion For Order (1) Authorizing Use Of Cash Collateral; (2) Granting Adequate Protection, and (3) Scheduling Final Hearing And Notice Of Opportunity For Hearing with Brief in Support with Certificate of Service With Notice and Opportunity for Hearing Filed by Ross A. Plourde on behalf of Lonestar Geophysical Surveys, LLC. (Plourde, Ross) (Entered: 05/19/2015)

Lonestar Geophysical Surveys, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 18, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Oklahoma . The case number for the lead bankruptcy case is 15-11872. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sarah Hall. The law firm of McAfee & Taft PC is acting as lead bankruptcy counsel to Lonestar Geophysical Surveys, LLC in the bankruptcy case.


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