DIAMONDBACK DRILLING, LLC Bankruptcy Filing

Filing Information

DIAMONDBACK DRILLING, LLC filed for Chapter 7 bankruptcy on June 19, 2024, with case number 24-60368. The corporation, based at 304 West Woodlawn Street in Kilgore, Texas, has sought protection under the federal bankruptcy laws. Judge Joshua P. Searcy has been assigned to oversee the proceedings. As a Chapter 7 bankruptcy filing, DIAMONDBACK DRILLING, LLC will be liquidating its assets to pay off debts and distribute the proceeds to creditors. This type of bankruptcy provides relief to individuals or businesses unable to pay their debts, allowing them to reorganize or eliminate financial obligations. The court has now become aware of the company's bankruptcy information and will facilitate the process, ensuring a fair distribution of assets and payment to those owed.

DIAMONDBACK DRILLING, LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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DIAMONDBACK DRILLING, LLC Bankruptcy Docket Header


Assigned to:
Chapter 7
Voluntary
Asset

Date filed:  06/19/2024

Debtor
Diamondback Drilling, LLC, Debtor
304 West Woodlawn Street
Kilgore, TX 75662
GREGG-TX
Tax ID / EIN: 37-2098062

rep. by Michael E. Gazette
100 East Ferguson Street
Ste. 1000
Tyler, TX 75702
(903) 596-9911
Email:
 megazette @ suddenlinkmail.com

U.S. Trustee
US Trustee
Office of the U.S. Trustee
110 N. College Ave.
Suite 300
Tyler, TX 75702
(903) 590-1450
   

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