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Published on 3/10/2020 in the Prospect News Distressed Debt Daily.

Approach Resources’ deadline for submitting plan extended to March 19

By Caroline Salls

Pittsburgh, March 10 – Approach Resources Inc.’s debtor-in-possession financing credit agreement-based deadline for filing a Chapter 11 plan and related disclosure statement has been extended to March 19, according to a notice filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.

The previous plan deadline was March 9.

Approach Resources is a Fort Worth-based oil and gas company. The company filed bankruptcy on Nov. 18 under Chapter 11 case number 19-36444.


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