Operator Bankruptcy Scenario

[Wade_Caldwell]

There are a couple of articles in the Blog section on bankruptcies, including this one I wrote.

My Producer Has Filed Bankruptcy - Now What?

MY PRODUCER HAS FILED BANKRUPTCY — NOW WHAT? By: Wade Caldwell and Zach Fanucchi As the dreaded packet arrives in the mail from a Bankruptcy Court, many mineral owners are being introduced to the third “B” of the oil business — Boom, Bust, Bankruptcy. This article is a quick primer for Texas mineral owners. It is not a legal treatise nor does it address all issues. As with any legal issue, see an attorney for advice. A mineral owner should usually look at bankruptcy issues in the following ord…