Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) Bankruptcy New Filing Alert: Order Regarding The Application For Authority To Retain Professionals

On February 11, 2016, an order regarding the application for authority to retain professionals 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 524 and is described on the court’s official docket as follows:

Order (I) Authorizing and Approving the Retention and Employment of BDO USA, LLP as Acoountant and Auditor Effective Nunc Pro Tunc to the Petition Date, (II) Granting a Waiver of the Requirements of Local Rule 2016-2, and (III) Granting Related Relief. (Related Doc # [373])(related document(s)[373], [513]) Order Signed on 2/11/2016. (Attachments: # (1) Exhibit 1) (GM)

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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