Saratoga Resources plan effective date deadline extended to Jan. 29

By Caroline Salls

Pittsburgh, Jan. 15 - Saratoga Resources, Inc.'s plan of reorganization effective date deadline has been extended to Jan. 29 from Jan. 15, according to a Thursday filing with the U.S. Bankruptcy Court for the Western District of Louisiana.

Macquarie Bank Ltd. and Wayzata Investment Partners, LLC have agreed to the extension.

Saratoga, an Austin, Texas-based oil and gas exploration and production company, filed for bankruptcy on April 1, 2009. Its Chapter 11 case number is 09-50398.

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