Assets of Oil and Gas Production Company
Listing Information
Assets of Oil and Gas Production Company
Created: 05/10/2017
Category: Business Property > All Assets or Going Concerns > Oil & Gas Producers
Sale Location: Houston, Texas
Sale Date: Mon. Jul 10, 2017
Debtor's Attorney
909 Fannin, 15th Floor
Houston, TX 77010
713-333-5127
Case Title: Northstar Offshore Group, LLC and Official Committee of Unsecured Creditors
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of the Assets of Northstar Offshore Group, LLC. The Assets consist of the seller leasehold and other interests in wells, leases located in Texas and Louisiana, as well as related assets, including, but not limited to, various production facilities, pipelines, machinery and production equipment appurtenant to or used in connection with these operations.
Financial Overview
Sale Location
Houston, TX, 77010
Additional Details
Auction Time: 10:00 a.m
Sale Hearing Held on July 17, 2017, at 9:00 a.m
Minimum Overbid: Bid in an amount that is at least (i) the total consideration contained in the Stalking Horse APA, plus (ii) the break-up fee owed to the Stalking Horse Bidder, plus (iii) $250,000
Bid Deposit: 10% of the proposed purchase price
Bid Deadline: June 27, 2017
Last date to respond: July 13, 2017