Gastar plan confirmation hearing set for Dec. 20; bids due by Dec. 17

By Caroline Salls

Pittsburgh, Nov. 14 – Gastar Exploration, Inc.’s combined plan of reorganization confirmation and disclosure statement approval hearing has been scheduled for Dec. 20, according to an order filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

Objections to the adequacy of the disclosure statement and confirmation of the plan must be filed by 5 p.m. ET on Dec. 17.

In addition, the order said interested parties may submit bids for any or all of Gastar’s assets or its entire business as a going concern until 1 p.m. ET on Dec. 17.

Gastar Exploration is Houston-based oil and natural gas company. The company filed for bankruptcy on Oct. 31 under Chapter 11 case number 18-36057.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.