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Published on 1/31/2022 in the Prospect News Distressed Debt Daily.

Former Nine Point reports $18,000 loss from operations for December

By Sarah Lizee

Olympia, Wash., Jan. 31 – NPE Winddown Holdings, Inc., formerly known as Nine Point Energy Holdings, Inc., reported an $18,000 loss from operations for December on zero total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company also reported an $18,000 loss from operations on zero total revenues for the November period.

The net loss for the December period was $139,000, compared to a net loss of $112,000 for November.

The company listed $1.84 million of cash and equivalents as of Dec. 31, compared to $2.32 million at the end of November.

The Denver-based exploration and production company filed bankruptcy on March 15, 2021 under Chapter 11 case number 21-10570.


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