Enduro Resource Partners wins interim approval to use cash collateral

By Caroline Salls

Pittsburgh, May 17 – Enduro Resource Partners LLC received court approval to access the cash collateral of its first-lien lenders on an interim basis, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The final hearing is scheduled for June 11.

The cash collateral will be used to fund the company’s operations through its asset sale process.

Enduro is a Fort Worth, Texas-based oil and gas exploration company. The company filed bankruptcy on May 15 under Chapter 11 case number 18-11174.

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