Former Moriah Powder River posts $1.89 million net profit for February

By Sarah Lizee

Olympia, Wash., March 21 – US Realm Powder River LLC, formerly Moriah Powder River LLC, reported a $1.89 million net profit for February on $10.81 million of natural gas sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Wyoming.

In comparison, the company reported a $2.05 million net profit for January on $12.13 million of natural gas sales.

The company listed $2.73 million of cash as of Feb. 28, compared to $1.03 million at the end of January.

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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