💥New Chapter 11 Bankruptcy - Barrow Shaver Resources Company LLC💥
E&P company files to ward off involuntary bankruptcy filing.
On August 19, 2024, Barrow Shaver Resources Co. LLC (“BSR” or the “debtor”), a Texas-based oil and gas exploration (“E&P”) company, filed a chapter 11 bankruptcy case in the Southern District of Texas (Judge Perez). The debtor was founded by two wildcatters, the last of a dying breed of oilmen willing to risk everything on unproven acreage. Big rewards …