Approach Resources’ deadline for submitting plan extended to March 26

By Caroline Salls

Pittsburgh, March 20 – Approach Resources Inc.’s Chapter 11 plan filing deadline included in its debtor-in-possession financing agreement has been extended through March 26, according to a notice filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.

The company was previously required under the DIP loan agreement to file the plan by March 19.

According to the notice, the DIP financing agent agreed to the extension.

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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