# EP Energy chapter 11

**URL:** https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191
**Category:** Crockett County, TX
**Created:** [October 17, 2019, 6:26pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191 "2019-10-17T18:26:43Z")
**Posts on this page:** 12
**Page:** 1

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### Author: ![sally\_boer](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/ad7895/32.png) [@sally\_boer](https://www.mineralrightsforum.com/u/sally_boer)
#### Post date: [October 17, 2019, 6:26pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/1 "2019-10-17T18:26:44Z")

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I just received paperwork from a hearing announcing EP Energy has filed Chapter 11. Also stating they do not have to pay royalties. My question is: So what happens to the royalties owed and how do I find out what company will take it over? I have nonparticipating royalties and don’t always get notifications since I do not sign division orders for some reason.

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### Author: ![wade\_caldwell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/wade_caldwell/32/9599_2.png) [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [October 17, 2019, 9:09pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/2 "2019-10-17T21:09:00Z")

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There are some articles on the blog section of this site on bankruptcy if you want to try the search function in the upper right.

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### Author: ![Diddly](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/e19b73/32.png) [@Diddly](https://www.mineralrightsforum.com/u/Diddly)
#### Post date: [October 18, 2019, 2:13pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/3 "2019-10-18T14:13:40Z")

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I am a royalty owner with EP. I didn’t get that information at all. Here is a link from their website. [https://epenergyrestructuring.com/wp-content/uploads/2019/10/EPEG-Lessor-Royalty-Owner-FAQ.pdf](https://epenergyrestructuring.com/wp-content/uploads/2019/10/EPEG-Lessor-Royalty-Owner-FAQ.pdf)

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### Author: ![sally\_boer](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/ad7895/32.png) [@sally\_boer](https://www.mineralrightsforum.com/u/sally_boer)
#### Post date: [October 19, 2019, 4:51pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/4 "2019-10-19T16:51:31Z")

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Thank you Wade. Very helpful and much appreciated!

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### Author: ![comanchecreek](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/d2c977/32.png) [@comanchecreek](https://www.mineralrightsforum.com/u/comanchecreek)
#### Post date: [February 19, 2020, 11:38pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/6 "2020-02-19T23:38:08Z")

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Hi Sally - have you received any further information or clarification from EP on the status of your royalties? Were you able to cash your checks post-bankruptcy filing?

I saw an article the other day saying that EP’s creditors are looking for an upfront $178 million payment… I’m guessing that’s not a very good sign but I’m no expert on the subject.

> **[EP Energy Creditors Claim $178 Million in Default Premium (1)](https://news.bloomberglaw.com/bankruptcy-law/ep-energy-creditors-sue-to-claim-178-million-in-unpaid-premium)**
>
> EP Energy Corp. creditors say they’re owed a premium payment on some of the oil and gas company’s bonds after its bankruptcy triggered a default on the debt.

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### Author: ![John\_Bruch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/5e9695/32.png) [@John\_Bruch](https://www.mineralrightsforum.com/u/John_Bruch)
#### Post date: [January 24, 2020, 12:27am UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/7 "2020-01-24T00:27:02Z")

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I just received a legal notice re: EP Energy Chapter 11 - specifically about the procedures and assumptions of executory contracts and unexpired leases.

I have two producing wells in one section and am wondering about these scenarios:

1. Does EP have the right to withhold payments while restructuring?
2. Does EP have the right to cancel the unexpired lease?
3. If so, are my minerals on the open market?
4. If another lessee picks them up - are the terms of the current lease in effect?

Thanks in advance for any help, John

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### Author: ![comanchecreek](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/d2c977/32.png) [@comanchecreek](https://www.mineralrightsforum.com/u/comanchecreek)
#### Post date: [February 19, 2020, 11:38pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/8 "2020-02-19T23:38:54Z")

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Hi John - have you had luck with the above? I’m after the same info as well but all I could find was this, and unfortunately the EP Energy answer is not particularly straightforward:

[https://epenergyrestructuring.com/lessor-and-royalty-owner-information/](https://epenergyrestructuring.com/lessor-and-royalty-owner-information/)

Have you received and been able to cash your checks since the Chapter 11 filing?

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### Author: ![John\_Bruch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/5e9695/32.png) [@John\_Bruch](https://www.mineralrightsforum.com/u/John_Bruch)
#### Post date: [February 20, 2020, 3:13am UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/9 "2020-02-20T03:13:33Z")

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The most recent check was received and deposited (ACH) on 01-31-2020. All good.

Thanks for asking. Still hoping to get some clarification on my questions. If I get some from an outside source I will post…

John

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### Author: ![wade\_caldwell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/wade_caldwell/32/9599_2.png) [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [March 25, 2020, 5:30pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/10 "2020-03-25T17:30:39Z")

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The EP Energy Chapter 11 Plan got scrapped due to the price plunge. More likely to rework the plan than to convert the bankruptcy to a Chapter 7 (liquidation) but you never know in these times.

[Scrapped plan](https://www.law360.com/articles/1256522/ep-energy-s-ch-11-plan-scrapped-as-oil-prices-plunge)

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### Author: ![KevinS](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/ee59a6/32.png) [@KevinS](https://www.mineralrightsforum.com/u/KevinS)
#### Post date: [August 11, 2020, 8:21pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/11 "2020-08-11T20:21:20Z")

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John- I’m a mineral rights owner in the Uintah, outside of Vernal. EP paid me a lease bonus last fall but never drilled so I am about to audit the area around my lease. I’m curious as to where your lease is located and if you are willing to share that with me. Thanks in advance!

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### Author: ![John\_Bruch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/5e9695/32.png) [@John\_Bruch](https://www.mineralrightsforum.com/u/John_Bruch)
#### Post date: [August 11, 2020, 9:09pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/12 "2020-08-11T21:09:40Z")

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Hello Kevin,

My minerals are in 4 areas: Sec 4-3S-3W, Sec 36-3S-2W, both of these are in Duchesne County

Sec 26-1S-1W, Sec 15-2S-1E, both of these are in Uintah County.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:44pm UTC](https://www.mineralrightsforum.com/t/ep-energy-chapter-11/52191/13 "2025-01-11T17:44:51Z")

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