Alta Mesa Resources loss shrinks to $515,000 in month ended Nov. 30

By Caroline Salls

Pittsburgh, Dec. 23 – Alta Mesa Resources, Inc. posted a $515,000 net loss for November on zero revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.

In comparison, Alta Mesa reported a $554,000 net loss for October, also on zero revenue.

The company had $51,000 in cash and cash equivalents as of Nov. 30, down from $67,000 at the end of October.

Alta Mesa is an onshore oil and gas company based in Houston. It filed for bankruptcy on Sept. 11. The Chapter 11 case number is 19-35133.

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