Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) Bankruptcy New Filing Alert: Order Regarding The Motion For An Extension Of A Pending Deadline

On January 4, 2016, an order regarding the motion for an extension of a pending deadline was filed in the bankruptcy case of Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) and its affiliates.

The filing was assigned docket number 172 and is described on the court’s official docket as follows:

Order (Second Stipulation) Extending Time for the Debtors to Object to Motion to Shorten Notice and Schedule Expedited Hearing on Eclipse Resources I, LP’s Emergency Motion for an Order Granting Equitable Relief and Directing Debtor Triad Hunter, LLC to Discontinue Willful Misconduct and Improper Operations and to Assume or Reject a Certain Executory Contract by a Date Certain (related document(s)[126], [145], [156]) Order Signed on 1/4/2016. (LMD)

Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-12533. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Gross. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) in the bankruptcy case.

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