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OFFON

ALTA MESA RESOURCES, INC.

(AMRQQ)
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Motion for Case Conversion Filed for Alta Mesa Resources, Inc.

03/02/2020 | 12:00am EST

The Official Committee of Unsecured Creditors filed a motion in the US Bankruptcy Court seeking the conversion of Alta Mesa Resources, Inc.'s bankruptcy case from Chapter 11 reorganization to Chapter 7 liquidation on March 2, 2020. There is a substantial or continuous loss to the debtor's estate and it is highly unlikely that the debtor will be able to rehabilitate, hence converting to chapter 7 is in best interest of all parties.


ę S&P Capital IQ 2020
All news about ALTA MESA RESOURCES, INC.
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2020Amended Liquidation Plan Filed by Alta Mesa Resources, Inc.
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2020Order Approving Combined Hearing for Reorganization Plan & Disclosure Statement.
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2020Disclosure Statement Conditionally Approved for Alta Mesa Resources, Inc.
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More news
Financials (USD)
Sales 2019 481 M - -
Net income 2019 -451 M - -
Net Debt 2019 996 M - -
P/E ratio 2019 -0,01x
Yield 2019 -
Capitalization 0,77 M 0,77 M -
EV / Sales 2018 2,03x
EV / Sales 2019 2,08x
Nbr of Employees 151
Free-Float 47,7%
Income Statement Evolution
Managers and Directors
Mark P. Castiglione Chief Executive Officer
John H. Campbell President & Chief Operating Officer
James T. Hackett Executive Chairman
David Matthew Leuschen Director
Pierre Fernand Lapeyre Director
Sector and Competitors
1st jan.Capi. (M$)
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