Magnum Hunter Resources Corporation (a/k/a Petro Resources Corporation) Bankruptcy New Filing Alert: Order Regarding The Plan Of Reorganization





On March 29, 2016, an order regarding the plan of reorganization 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 956 and is described on the court’s official docket as follows:

Order (I) Adjourning the Hearing to Consider Confirmation of the Debtors’ Chapter 11 Plan and the Hearing to Consider Appointment of an Equity Committee, (II) Rescheduling Certain Related Deadlines, (III) Approving the Notice of Adjournment, and (IV) Granting Related Relief (Related Doc # [924], [947]). Signed on 3/29/2016. (Attachments: # (1) Exhibit 1) (SJS)

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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