Eagle Valley Development files bankruptcy with $58.14 million of debt

By Sarah Lizee

Olympia, Wash., Jan. 27 – Eagle Valley Development, LLC filed Chapter 11 bankruptcy Friday in the U.S. Bankruptcy Court for the Western District of Texas.

In its petition, the company listed $909,466.75 in assets, between 200 and 999 creditors, and $58.14 million in liabilities.

The largest unsecured claim listed in the petition is a $2.83 million trade payable claim of Halliburton Energy Services, based in Dallas. Several other unsecured claims were listed with unknown amounts.

Howley Law PLLC is proposed bankruptcy counsel.

Austin, Tex.-based Eagle Valley Development is an oil and natural gas company. The Chapter 11 case number is 23-10035.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.