Rooster Energy exclusive plan filing, solicitation periods terminated

By Caroline Salls

Pittsburgh, Sept. 13 – Rooster Energy, LLC’s exclusive periods for filing and soliciting votes on a Chapter 11 plan were terminated Sept. 12 by the U.S. Bankruptcy Court for the Western District of Louisiana.

According to the order, an oral motion was made at a Tuesday hearing by Rooster’s counsel with the consent of Chet Morrison and his affiliated entities, including Chet Morrison Contractors, LLC, Morrison Energy Group, LLC and Corn Meal, LLC, as well as secured notes purchase agreement agent Angelo, Gordon Energy Servicer, LLC.

As a result of termination of the company’s exclusive periods, any party-in-interest may file and seek confirmation of a plan for any of the Rooster Energy debtors.

Rooster is a Houston-based oil and gas production company that filed for bankruptcy on June 2. The Chapter 11 case number is 17-50705.

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