White Stallion Energy debtors report $108,000 operating loss for July

By Sarah Lizee

Olympia, Wash., Aug. 22 – White Stallion Energy, LLC and its affiliated debtors reported a $108,000 operating loss on zero total revenue for July, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company reported the same figures for June, as previously reported.

The net loss for July was $350,000, compared to a net loss of $168,300 in June.

The debtors listed a $1.74 million cash balance at the end of July, the same as at the end of June.

White Stallion Energy is a coal mining company based in Evansville, Ind. The company filed bankruptcy on Dec. 2, 2020 under Chapter 11 case number 20-13037.

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