Black Elk Energy Offshore hires restructuring adviser

By Mark Reccek

Bethlehem, Pa., Nov. 12 – Black Elk Energy Offshore Operations LLC said Wednesday it has retained Blackhill Partners as restructuring adviser to guide the company through its Chapter 11 bankruptcy.

The Wednesday press release indicated Blackhill managing director Jeff Jones will serve as lead adviser and investment banker. According to the release, Jones has experience in energy restructuring and special situation mergers and acquisitions.

“Blackhill Partners’ long history of serving energy companies in difficult situations allows us to provide the leadership required in this highly complex bankruptcy,” Jones said.

In addition to Jones, the restructuring team will include Eric Hyman, Lance Gurley, Todd Heinz and Tripp Ballard.

Black Elk Energy is a Houston-based oil and gas company that filed for bankruptcy on Sept. 15. The Chapter 11 case number is 15-34287.

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