What now... Enduro Operating LLC filed for bankruptcy


#1

I deposited a check on Tuesday last week (mobile app) and received an email the next day that the check was returned unpaid. The only thing I could think of was with either the MICR numbers weren’t readable or bankruptcy. I looked at the check and the MICR looked readable so I searched for Enduro bankruptcy…

Unfortunately Enduro filed Chapter 11 Bankruptcy in Delaware District Court the day I deposited the check. I’m holding two checks worth literally nothing at this point.

What happens now? I know that it will be around 6-9 months of filling motions before this may be put to rest. What happens to my back roylaties and what happens when another operating company picks up my lease?


#2

Did you get any answers on this? I also own mineral rights and I am wondering with the Bankruptcy what that means. Will we be released for our lease obligations?
Anyone have insight? Here is a link to the Bankruptcy.
http://www.kccllc.net/enduro


#3

No one responded. It looks like things are getting messy too. Have forms to fill out. I think I’ll need legal assistance on this.