Cox Oil gets approval to sell Grand Isle assets to A-Port

By Sarah Lizee

Olympia, Wash., Jan. 26 – Cox Oil Offshore, LLC received approval to sell its Grand Isle shore base assets to A-Port, LLC, according to an order filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.

The purchase price is $2.72 million in cash and assumed liabilities.

The Dallas-based drilling company filed bankruptcy on May 14, 2023 under Chapter 11 case number 23-90324.

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