Former Moriah Powder River posts $4.54 million net profit for July

By Sarah Lizee

Olympia, Wash., Aug. 22 – US Realm Powder River LLC, formerly Moriah Powder River LLC, reported a $4.54 million net profit for July on $14.24 million of gross income/sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Wyoming.

In comparison, the company reported a $3.32 million net profit for June on $14.62 million of gross income/sales.

The company’s cash balance at the end of July was $477,207, compared to $66,887 at the end of June.

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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