Former Moriah Powder may get up to $25.1 million in exit financing

By Sarah Lizee

Olympia, Wash., March 17 – US Realm Powder River LLC, formerly Moriah Powder River LLC, may get up to $25.1 million in voluntary production payment exit financing, according to court documents filed Wednesday with the U.S. Bankruptcy Court for the District of Wyoming.

The proposed secured exit lender is Finergy Capital.

The company plans to seek approval of the financing proposal soon.

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.

© 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.