On May 28, 2019, White Star Petroleum, LLC (“White Star”) filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the United States Bankruptcy Code in order to facilitate a restructuring.
White Star continues to engage in constructive discussions with its creditor constituencies regarding the terms of a financial restructuring plan. In conjunction with this process, White Star hopes to receive authority from the bankruptcy court to receive a $28.5 million in committed “debtor-in-possession” (DIP) financing to bolster liquidity.
As White Star moves through this court-supervised process, it intends to operate by-and-large in the ordinary course of business. White Star remains committed to maintaining the strong relationships it has with stakeholders, including its service providers and business partners.
ownerrelations @ wstr.com
Toll Free: 1.844.402.4903
Fax: 1.844.406.4347
White Star Petroleum, LLC
P.O. Box 13360
Oklahoma City, OK 73113
White Star Petroleum, LLC
301 N.W. 63rd Street, Suite 600
Oklahoma City, OK 73116
info @ wstr.com
Local: 1.405.252.5777
Toll Free: 1.844.402.4902
Toll Free: 1.866.967.0670
Restructuring Information
Please refer to the Royalty Interest Owner Relations contact for information relating to Royalty and Joint Interest questions
hr@wstr.com
Fax: 1.844-618-5498