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Published on 10/20/2016 in the Prospect News Distressed Debt Daily.

Trinity River Resources records $1.18 million net loss for September

By Caroline Salls

Pittsburgh, Oct. 20 – Trinity River Resources, LP reported a $1.18 million net loss for September on $1.95 million in revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Western District of Texas.

In comparison, Trinity River posted a $331,744 net loss for August on $1.78 million in revenue.

The company had $4.13 million in cash as of Sept. 30, up from $3.24 million at the end of August.

Trinity River is an Austin, Texas-based oil and gas company that filed bankruptcy on April 21, 2016. The Chapter 11 case number is 16-10472.


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