Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Saratoga Resources Inc. > News item |
Saratoga Resources operating loss up to $15.07 million for September
By Mark Reccek
Bethlehem, Pa., Nov. 2 – Saratoga Resources, Inc. posted a $15.07 million operating loss for September on $1.59 million in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Western District of Louisiana.
For August, the company reported a $289,172 operating loss on $1.84 million in total revenue.
The net loss for September was $17.46 million, growing from a net loss of $3.47 million as of Aug. 31.
The company also held $5.88 million in cash and cash equivalents as of Sept. 30, down from $6.31 million as of Aug. 31.
Saratoga Resources is an oil and natural gas exploration and production company based in Houston. The company filed for bankruptcy on June 18 under Chapter 11 case number 15-50748.
© 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.