On February 25, 2016, a disclosure statement with respect to a plan of reorganization or liquidation 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 652 and is described on the court’s official docket as follows:
Notice of Service Notice of Filing of Clean and Blackline Versions of the Disclosure Statement for the Second Amended Joint Chapter 11 Plan of Reorganization of Magnum Hunter Resources Corporation and Its Debtor Affiliates (related document(s), ) Filed by Magnum Hunter Resources Corporation. (Attachments: # (1) Second Amended DS (Clean) # (2) DS (Redline – Incremental) # (3) DS (Redline – Cumulative) # (4) DS – Committee Letter) (Jones, Laura Davis)
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.