Castex Energy 2005 reports $8.63 million net loss for April period

By Sarah Lizee

Olympia, Wash., May 24 – Castex Energy 2005 Holdco, LLC reported an $8.63 million net loss on $474,700 of revenues for the April period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.

In comparison, the company reported a $22.72 million net income on $2.21 million of revenues for the March period.

The company listed $4.66 million of cash at the end of April, compared to $4.53 million at the end of March.

Houston-based Castex is engaged in the exploration, development, production and acquisition of oil and natural gas properties. The company filed bankruptcy on Feb. 26 under Chapter 11 case number 21-30710.

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