Warren Resources, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On June 2, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Warren Resources, Inc. and its affiliates.

The filing was assigned docket number 15 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral Filed by Debtor Warren Resources, Inc. Hearing scheduled for 6/3/2016 at 01:30 PM at Houston, Courtroom 404 (MI). (Attachments: # 1 Exhibit A – Proposed DIP Budget # 2 Exhibit B – Proposed Interim Cash Collateral Order # 3 Exhibit C – Form of DIP Credit Agreement # 4 Exhibit D – Attorney Checklist Concerning Use of Cash Collateral and DIP Financing) (Davidson, Timothy) (Entered: 06/02/2016)

Warren Resources, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 2, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 16-32760. The bankruptcy case is currently assigned to United States Bankruptcy Judge Marvin Isgur. The law firm of Andrews Kurth LLP is acting as lead bankruptcy counsel to Warren Resources, Inc. in the bankruptcy case.


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