Intervention Energy Holdings marks $1.71 million net profit for June

By Caroline Salls

Pittsburgh, July 28 – Intervention Energy Holdings LLC reported a $1.71 million net profit for June on $2.72 million of net revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, Intervention posted a $143,966 net profit on $179,435 of net revenue for the period of May 20 to May 31.

The company had $3.46 million in cash and cash equivalents as of June 30, up from $2.47 million at the end of May.

Based in Minot, N.D., Intervention Energy is a non-operating oil and gas exploration and production company. The company filed for bankruptcy on May 20 under Chapter 11 case number 16-11247.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.