Osage Exploration and Development, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On February 17, 2016, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Osage Exploration and Development, Inc. and its affiliates.

The filing was assigned docket number 99 and is described on the court’s official docket as follows:

Corrected Motion for Order Establishing Bidding Procedures and Manner and Form of Notice for Sale of Assets of Debtors and Approving Procedures to Determine Cure Amounts Related to the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, Scheduling Dates for an Auction and Sale Hearing, Authorizing and Approving the Form of a Stalking Horse Asset Purchase Agreement With Notice and Opportunity for Hearing, Filed by John Napier of Crowe & Dunlevy on behalf of Osage Exploration and Development, Inc. (dcus, ca) (Entered: 02/18/2016)

Osage Exploration and Development, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 3, 2016. 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 16-10308. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sarah Hall. The law firm of Crowe & Dunlevy, PC is acting as lead bankruptcy counsel to Osage Exploration and Development, Inc. in the bankruptcy case.


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