ALPINE SUMMIT ENERGY PARTNERS, INC. The US Bankruptcy Court gave an order approving the sale of substantially all the Giddings Assets of Alpine Summit Energy Partners, Inc. on October 31, 2023. The debtor has been authorized to sell its substantially all its assets Giddings Production, LLC, the stalking horse bidder. The debtor?s assets include substantially all of the oil and gas assets and properties directly held by the Debtors located in Austin, Fayette, Lee, Robertson, and Washington Counties, Texas, which are located in and around Giddings, Texas, including wells (the Giddings Assets).
The debtor did not receive any other competing bids for the purchase of its assets and therefore Giddings Production, LLC emerged as the winning bidders.
