Harvest Oil debtors opt to extend reorganization plan effective date

By Lisa Kerner

Charlotte, N.C., Jan. 4 - Harvest Oil & Gas LLC, Saratoga Resources, Inc., the Harvest Group LLC, Lobo Operating, Inc., Lobo Resources, Inc., Macquarie Bank Ltd., and Wayzata Investment Partners, LLC filed a motion agreeing to extend the effective date of Harvest Oil's amended plan of reorganization to and including Jan. 8 from Dec. 31, according to a filing with the Western District of Louisiana.

Harvest is an Austin, Texas-based oil and gas exploration and production company. It filed for bankruptcy on March 31, 2009, and its Chapter 11 case number is 09-50397.

Saratoga, an Austin, Texas-based oil and gas exploration and production company, filed for bankruptcy on April 1, 2009. Its Chapter 11 case number is 09-50398.

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