May 12, 2015
A Texas bankruptcy judge on Monday gave oil and gas driller WBH Energy LP the green light to auction off its assets, including rights to its oil and gas leases, and also approved a $25 million stalking horse bid from the debtor's only secured creditor Castlelake LP.
April 08, 2015
Texas oil and gas driller WBH Energy LP asked a Texas federal bankruptcy judge on Monday to approve a $25 million stalking horse bid from its only secured creditor, saying it was part of the best plan to repay its debts.