Memorial Production Partners LP reached agreements with its noteholders and lenders on a financial restructuring that will eliminate $1.3 billion of debt from the Partnership’s balance sheet and enhance its financial flexibility. To implement these agreements, on January 16, 2017, as planned, MEMP voluntarily filed for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division.
MEMP’s operations and production are expected to continue as normal across its asset base throughout the court-supervised financial restructuring process.
The main case number is 17-30262. This website was created to provide court documents and additional information regarding the court-supervised process to creditors. Telephonic inquiries can be made at: 844-378-2963.
For additional information, including frequently asked questions, please visit the restructuring page on MEMP’s website: http://memorialpp.com/restructuring.
|Lead Debtor||17-30262 Memorial Production Partners LP, et al.|
|Total Number of Debtors||15|
|Court||Southern District of Texas|
|Judge||Honorable Marvin Isgur|
|Petition Filing Date||January 16, 2017|
|Disclosure Statement Approval Hearing||February 27, 2017|
|Ballot Deadline||March 27, 2017|
|Confirmation Hearing Date||April 4, 2017 April 14, 2017 |
|Effective Date of Plan||May 4, 2017|
|Hearing Date||June 18, 2018|
|Attorneys for Debtors||Weil, Gotshal & Manges LLP|
700 Louisiana, Suite 1700
Houston, TX 77002-2784
Phone: (713) 546-5000
| ||Weil, Gotshal & Manges LLP|
767 Fifth Avenue
New York, NY 10153-0119
Phone: (212) 310-8000
|United States Trustee||U.S. Trustee|
Office of the US Trustee
515 Rusk Ave, Ste 3516
Houston, TX 77002
Phone: (713) 718-4650