Rosehill Resources pre-packaged plan unanimously accepted by claimants

By Caroline Salls

Pittsburgh, Aug. 27 – Rosehill Resources Inc.’s pre-packaged plan of reorganization was unanimously accepted by voting creditors and interest holders, according to a ballot report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.

Specifically, the plan was accepted by the one holder of $89.26 million in TRA claims, all nine holders of $268,234 in Rosehill Resources preferred equity interests, all seven holders of $226.37 million in Rosehill Operating Co., LLC revolving credit facility claims and all eight holders of $100 million in Rosehill Operating secured notes claims.

The plan confirmation hearing is scheduled for Aug. 28.

Rosehill Resources is a Houston-based oil and gas company. The company filed bankruptcy on July 26 under Chapter 11 case number 20-33695.

© 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.