INDEPENDENCE CONTRACT DRILLING, INC. Bankruptcy Filing
Case Number: 24-90612
INDEPENDENCE CONTRACT DRILLING, INC. filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on December 02, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90612.
INDEPENDENCE CONTRACT DRILLING, INC. Filing Information
The bankruptcy petition for INDEPENDENCE CONTRACT DRILLING, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. INDEPENDENCE CONTRACT DRILLING, INC. reports that the number of creditors is in the range of 1,000-5,000.
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'.
INDEPENDENCE CONTRACT DRILLING, 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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INDEPENDENCE CONTRACT DRILLING, INC. Docket Header
COMPLX, LEAD, COMPLX |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90612
Assigned to: Bankruptcy Judge Alfredo R Perez Chapter 11 Voluntary No asset |
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| Debtor Independence Contract Drilling, Inc. 20475 SH 249 Suite 300 Houston, TX 77070 HARRIS-TX Tax ID / EIN: 37-1653648 |
rep. by |
Duston K McFaul
SIdley Austin LLP 1000 Louisiana St. Suite 6000 Houston, TX 77002 713-495-4500 Fax : 713-495-7799 Email: dmcfaul @ sidley.com Maegan Quejada Sidley Austin LLP 1000 Louisiana St Ste 5900 Houston, TX 77002 713-495-4618 Email: mquejada @ sidley.com |
| U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |
rep. by | Christopher Ross Travis
Office of the United States Trustee 515 Rusk Street Ste 3516 Houston, TX 77002 202-603-5225 Email: C.Ross.Travis @ usdoj.gov Jana Smith Whitworth Office of United States Trustee 515 Rusk Street, Suite 3516 Houston, TX 77002 (713) 718-4650 Fax : (713) 718-4670 Email: jana.whitworth @ usdoj.gov |