E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/22/2015 in the Prospect News Distressed Debt Daily.

RAAM Global Energy posts $1.61 million operating loss for November

By Mark Reccek

Bethlehem, Pa., Dec. 22 – RAAM Global Energy Co. reported an operating loss of $1.61 million for November on $3.23 million in total revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

RAAM’s net loss for November was $2.33 million.

The company also had $12.41 million in cash on hand as of Nov. 30.

RAAM, a Lexington, Ky.-based oil and gas company, filed for bankruptcy on Oct. 26. The Chapter 11 case number is 15-35615.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.