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Former Moriah Powder River posts $175,654 net profit for September
By Sarah Lizee
Olympia, Wash., Oct. 26 – US Realm Powder River LLC, formerly Moriah Powder River LLC, reported a $175,654 net profit for September on $13.7 million of gross income or 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 $4.46 million net profit for August on $15.97 million of gross income or sales.
The company’s cash balance at the end of September was $1.19 million, down from an August cash balance of $3.23 million.
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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