GASFRAC ENERGY SERVICES INC. Bankruptcy Filing
Case Number: 15-50161
GASFRAC ENERGY SERVICES INC. filed a 15 chapter bankruptcy in the Western District of Texas bankruptcy court on January 15, 2015. This is a voluntary filing; it was assigned the bankruptcy case number #15-50161.
GASFRAC ENERGY SERVICES INC. Filing Information
The bankruptcy petition for GASFRAC ENERGY SERVICES INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $50MM - $100MM. GASFRAC ENERGY SERVICES INC. reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
GASFRAC ENERGY SERVICES INC. 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. This is a bad sign for creditors as it implies that no recovery is likely.
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GASFRAC ENERGY SERVICES INC. Docket Header
LEAD-JTADMIN, LMTNTC |
Western District of Texas (San Antonio)
Bankruptcy Petition #: 15-50161-cag
Assigned to: Judge Craig A. Gargotta Chapter 15 Voluntary Asset |
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Debtor GASFRAC Energy Services Inc. 1900, 520-3rd Avenue SW Calgary AB T2P 0R3 OUTSIDE U. S. Canada |
rep. by |
Casey W. Doherty, Jr.
Vinson & Elkins LLP 1001 Fannin St., Suite 2500 Houston, TX 77002-6760 713-758-3215 Fax : 713-615-5532 Email: cdoherty @ velaw.com Harry A. Perrin Vinson & Elkins, LLP 1001 Fannin, Suite 2500 Houston, TX 77002 713-758-2548 Fax : 713-615-5016 Email: hperrin @ velaw.com |
Foreign Representative Ernst & Young Inc. 1000, 400-2nd Avenue SW Calgary, AB T2P 5E9 OUTSIDE U. S. Canada |
rep. by |
Steve A. Peirce
Fulbright & Jaworski, LLP 300 Convent, Suite 2200 San Antonio, TX 78205-0001 210-270-7179 Fax : 210-270-7205 Email: steve.peirce @ nortonrosefulbright.com Timothy S. Springer Norton Rose Fulbright US LLP 2200 Ross Avenue, Suite 3600 Dallas, TX 75201-7932 214-855-8000 Fax : 214-855-8200 Email: tim.springer @ nortonrosefulbright.com |
JointAdmin Debtor GASFRAC US Holdings Inc. 615 South DuPont Highway Dover, DE 19901 KENT-DE Tax ID / EIN: 32-0344700 |
rep. by |
Casey W. Doherty, Jr.
(See above for address) Harry A. Perrin (See above for address) |
JointAdmin Debtor GASFRAC Services GP Inc. 1900, 520-3rd Avenue SW Calgary AB T2P 0R3 OUTSIDE U. S. Canada |
rep. by |
Casey W. Doherty, Jr.
(See above for address) Harry A. Perrin (See above for address) |
JointAdmin Debtor GASFRAC Energy Services Limited Partnership 1900, 520-3rd Avenue SW Calgary, AB T2P 0R3 OUTSIDE U. S. Canada |
rep. by |
Casey W. Doherty, Jr.
(See above for address) Harry A. Perrin (See above for address) |
JointAdmin Debtor GASFRAC Inc. 615 South DuPont Highway Dover, DE 19901 KENT-DE Tax ID / EIN: 25-5243732 |
rep. by |
Casey W. Doherty, Jr.
(See above for address) Harry A. Perrin (See above for address) |
JointAdmin Debtor GASFRAC Energy Services (US) Inc 1209 Orange Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 80-0387891 |
rep. by | Casey W. Doherty, Jr.
(See above for address) Harry A. Perrin (See above for address) |