Former Moriah Powder River posts $2.74 million net loss for October

By Sarah Lizee

Olympia, Wash., Nov. 22 – US Realm Powder River LLC, formerly Moriah Powder River LLC, reported a $2.74 million net loss for October on $8.69 million of natural gas sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Wyoming.

In comparison, the company reported a $2.3 million net loss for September on $8.56 million of natural gas sales.

The company listed $20,446 in cash as of Oct. 31, compared to $953,802 at the end of September.

Moriah Powder River is a Denver-based oil and natural gas exploration and production company. The company filed bankruptcy on Oct. 31, 2019 under Chapter 11 case number 19-20699.

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