Former Moriah Powder River posts $4.41 million net loss for March

By Sarah Lizee

Olympia, Wash., April 17 – US Realm Powder River LLC, formerly Moriah Powder River LLC, reported a $4.41 million net loss for March on $4.79 million gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Wyoming.

To compare, the company reported a $2.11 million net loss for February on $7.18 million gross income/sales.

The company’s cash balance at the end of March was $69,144, down from $5.33 million at the end of February.

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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