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Rockall Energy Holdings auction for assets moved to May 20
By Sarah Lizee
Olympia, Wash., May 19 – Rockall Energy Holdings, LLC’s auction for its assets was moved to Friday, according to a notice filed with the U.S. Bankruptcy Court for the Northern District of Texas.
The company said the auction was adjourned to facilitate ongoing discussions among the debtors, consultation parties and potential bidders in order to achieve a value-maximizing sale of the assets.
The Dallas-based oil exploration and production company filed Chapter 11 bankruptcy on March 9 under case number 22-90000.
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