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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.
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