Trinity River net loss widens to $905,513 in January; revenue drops

By Caroline Salls

Pittsburgh, Feb. 22 – Trinity River Resources, LP reported a $905,513 net loss for January on $1.62 million in revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Western District of Texas.

In comparison, Trinity River posted a $699,727 net loss for December on $2.32 million in revenue.

The company had $3.98 million in cash as of Jan. 31, down from $4.01 million at the end of December.

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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