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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landownerPermalink 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.


landownerPermalink 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?


Oil & Gas ProPermalink 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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