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Published on 9/21/2015 in the Prospect News Distressed Debt Daily.

ERG Intermediate Holdings granted extension of exclusive periods

By Mark Reccek

Bethlehem, Pa., Sept. 21 – ERG Intermediate Holdings LLC received court approval to extend its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Monday with the U.S. Bankruptcy Court for the Northern District of Texas.

The company’s exclusive filing period was extended through Oct. 31 from Aug. 28 and its solicitation period through Dec. 31 from Oct. 27.

As previously reported, the company requested the extension to allow more time to finalize a plan for the sale of its assets.

ERG is a Houston-based independent oil and gas company that filed for bankruptcy on April 30. The Chapter 11 case number is 15-31858.


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