PetroShare Corp. filed a motion in the US Bankruptcy Court for the sale of substantially all its assets on November 1, 2019. The debtor seeks the Court’s approval for the sale of substantially all its assets, for a purchase price of no less than $26.5 million paid in cash. To qualify as a qualified bidder, interested parties should submit their bids by November 25, 2019. The initial minimum overbid would be determined at auction by the debtor. The debtor has scheduled an auction on December 2, 2019. At the auction, the subsequent bids would be in increments of $0.25 million. The sale hearing is scheduled for December 4, 2019.