Goodrich Bankruptcy Notification

Recently recently received Chapter 11 notification papers from Goodrich who is currently the operator for our 2 Haynesville wells.  There are a couple of pages that looks like maybe I/we need to fill some things out and send back somewhere?  Anyone help me with this?

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Permalink Reply by Keith Mauck (Site Publisher) on May 6, 2016 at 2:43

You would need to upload the documents in order for people to see them.

Permalink Reply by Todd Parrish on May 7, 2016 at 6:50

I,m in the same boat

Permalink Reply by Damon Baxter on May 9, 2016 at 4:17

They didn't pay us for April. Sent out a letter stating the judge we would need to sign off on paying royalty owners.

Permalink Reply by hogeyes on May 10, 2016 at 3:25

So that's what the papers are along with the Chapter 11 notification?  We need to send those back to keep receiving our royalties during arbitration or whatever you call it?

Permalink Reply by Jan Holland on May 9, 2016 at 10:23

Leases may not be executory contracts in bankruptcy. How large is you lease?

Permalink Reply by hogeyes on May 10, 2016 at 3:24

2 wells.  Rights to about 1,000 acres I believe.

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