White Stallion Energy debtors report $108,000 operating loss for June

By Sarah Lizee

Olympia, Wash., July 24 – White Stallion Energy, LLC and its affiliated debtors reported a $108,000 operating loss on zero total revenue for June, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company reported the same figures for May, as previously reported.

The net loss for June was $168,300, compared to a net loss of $76,000 for May.

The debtors listed a $1.74 million cash balance at the end of June, up from $1.54 million at the end of May.

White Stallion Energy is a coal mining company based in Evansville, Ind. The company filed bankruptcy on Dec. 2, 2020 under Chapter 11 case number 20-13037.

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