Energy Partners granted extension of cash collateral use to Sept. 25

By Alice Popovici

New York, Aug. 27 - Energy Partners, Ltd. received court permission to continue to use cash collateral to fund the operating expenses of its business, according to a Wednesday filing with the U.S. Bankruptcy Filing for the Southern District of Texas.

The termination date for the access to cash collateral was extended to Sept. 25 from Aug. 31.

Energy Partners, a New Orleans-based oil and natural gas exploration and production company, filed for bankruptcy May 1. Its Chapter 11 case number is 09-32957.

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