The company has not filed an annual or quarterly report since its FY2018 10-K, filed Feb 28, 2019. Its latest SEC filing is a 15-12B from May 8, 2019.
10-K for FY2018, filed Feb 28, 2019
The sections below describe the company as of the FY2018 annual report.
Produces and sells oil, natural gas and natural gas liquids to purchasers in Oklahoma and Texas.
10-K for FY2018, filed Feb 28, 2019
Purchasers pay for oil, natural gas and natural gas liquids at market-based prices under short- or long-term contracts; payment generally arrives one month after each sale.
10-K for FY2018, filed Feb 28, 2019Our revenues are primarily derived from the sale of oil and natural gas production, and from the sale of NGLs that are extracted from our…View ↗
$236.4M
10-K for FY2018, filed Feb 28, 2019
$236.4M ↗
Oil is generally sold to unaffiliated purchasers under short-term agreements; natural gas is sold to gathering and marketing companies under long- or short-term agreements. NGLs are sold directly or by processors.
10-K for FY2018, filed Feb 28, 2019Our oil is generally sold under short‑term, extendable and cancellable agreements with unaffiliated purchasers based on published price…View ↗
Our natural gas is sold under both long‑term and short‑term natural gas purchase agreements. Natural gas produced by us is sold at various…View ↗
NGLs, which are extracted from natural gas through processing, are either sold by us directly or by the processor under processing…View ↗
10-K for FY2018, filed Feb 28, 2019
During the year ended December 31, 2018, the largest purchasers of our production were Plains Marketing LP (“Plains Marketing”), ETC Field…View ↗
No. It lost $1.3B in FY2018.
10-K for FY2018, filed Feb 28, 2019
8-K, filed May 7, 2019
On May 6, 2019, the Bankruptcy Court entered the Order Approving the Debtors’ Disclosure Statement for, and Confirming, the Debtors’ Joint…View ↗
8-K, filed Apr 15, 2019
On April 14, 2019, the Debtors filed voluntary petitions for relief (the “Chapter 11 Cases”) under Chapter 11 of the Bankruptcy Code (the…View ↗
Shrank. Revenue fell 38% in 4 years, from $380.6M in FY2014 to $236.4M in FY2018, about 11% a year.
Geographic focus
The older report describes operations in both the Anadarko and Arkoma basins; the latest report describes operations focused in the Anadarko Basin.
10-K for FY2015, filed Mar 9, 2016 10-K for FY2018, filed Feb 28, 2019We are an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas…View ↗
We are an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas…View ↗
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