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




U.S. Bankruptcy Court
Western District of Texas (San Antonio)
Bankruptcy Petition #: 15-50161-cag

Assigned to: Judge Craig A. Gargotta
Chapter 15
Voluntary
Asset


Date filed:  01/15/2015

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)

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