Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Paradox Resources, LLC > News item |
Paradox Resources reports $1.46 million net loss for July
By Sarah Lizee
Olympia, Wash., Aug. 29 – Paradox Resources, LLC reported a $1.46 million net loss for July on $628,806 of gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.
To compare, the company reported a $2.22 million net loss for June on $499,424 of gross income/sales.
The cash balance at the end of July was $1.74 million, down from $2.54 million at the end of June.
Paradox Resources is a Houston-based midstream company primarily focused on helium processing and carbon capture, utilization and sequestration. The company filed bankruptcy on May 22 under Chapter 11 case number 23-90558.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.