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Rooster Energy: Chapter 11 cases of three debtors converted by court
By Caroline Salls
Pittsburgh, Dec. 4 – The Chapter 11 bankruptcy cases of three Rooster Energy, LLC debtors were converted to Chapter 7 on Monday by the U.S. Bankruptcy Court for the Western District of Louisiana.
Specifically, the cases of Probe Resources, US, Ltd., Rooster Petroleum, LLC and Rooster Oil & Gas, LLC were converted.
“The Rooster debtors have been unable to confect a plan of reorganization and do not believe such is possible at this point,” the company’s case conversion motion said.
Rooster is a Houston-based oil and gas production company that filed for bankruptcy on June 2. The Chapter 11 case number is 17-50705.
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