The company was supposed to have closed a sale of its assets in February. Instead, oil prices plunged, and it had to concede almost a third of the purchase price.
The midstream arm of Houston-based Alta Mesa Resources Inc. filed for bankruptcy Jan. 12, following in the footsteps left by its parent company. Kingfisher Midstream declared Chapter 11 bankruptcy to the Southern District of Texas’ bankruptcy court, which is based in Houston, about four months after Alta Mesa and the upstream side of its business filed for Chapter 11 in the same court. Alta Mesa’s midstream business was notably absent from its initial Sept. 11 bankruptcy filing.
HOUSTON, Sept. 23, 2019 -- Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa Resources” or the “Company”) today announced that, on September 24, 2019, its common stock and.
HOUSTON, Aug. 21, 2019 -- Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa Resources” or the “Company”) today announced that The NASDAQ Stock Market LLC (“NASDAQ”) notified.
Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa Resources” or the “Company”) today announced that, on September 13, 2019, it received notice from the Nasdaq Stock Market (“Nasdaq”) that, because the Company filed for protection under Chapter 11 of the U.S. Bankruptcy Code on September 11, 2019 (the “Filing”), and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq has determined that the Company’s common stock will be delisted from Nasdaq. This determination is based on the Filing and associated public interest concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders and concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq.
HOUSTON, Sept. 12, 2019 -- Alta Mesa Resources, Inc. (NASDAQ: AMR “Alta Mesa Resources”), Alta Mesa Holdings, LP (“Alta Mesa”), Alta Mesa Holdings GP, LLC, OEM GP, LLC, Alta.
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