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Published on 9/28/2017 in the Prospect News Distressed Debt Daily.

Ryckman Creek Resources plan-funding bid deadline, auction pushed back

By Caroline Salls

Pittsburgh, Sept. 28 – Ryckman Creek Resources, LLC’s bid deadline and auction for plan-funding transactions have been further pushed back, according to a notice filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Bids for plan sponsors will now be due by 5 p.m. ET on Oct. 11, extended from Sept. 25, and the auction will be held on Oct. 13 instead of Sept. 27.

Ryckman Creek is a Houston-based gas storage services company. It operates as a subsidiary of Peregrine Midstream Partners, LLC. Ryckman filed for reorganization under Chapter 11 on Feb. 2, 2016. The case number is 16-10292.


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