Vista Proppants gets further extension of milestones under DIP loan

By Sarah Lizee

Olympia, Wash., Oct. 15 – Vista Proppants and Logistics, LLC’s milestones under its debtor-in-possession financing have been extended again, according to a notice filed Thursday with the U.S. Bankruptcy Court for the Northern District of Texas.

Under the extended milestones, the plan of reorganization must be confirmed by Oct. 28 and the effective date must take place by Nov. 11.

Vista Proppants and Logistics is a Fort Worth-based pure-play, in-basin provider of frac sand solutions in prolific producing regions in Texas and Oklahoma. The company filed bankruptcy on June 9 under Chapter 11 case number 20-42002.

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