Alta Mesa Resources, Inc.

Case No. 19-35133


Case Background

On September 11, 2019, Alta Mesa Resources, Inc. and six affiliated debtors (collectively, the "Alta Mesa Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the "Court"). Thereafter, on January 12 and 13, 2020, Kingfisher Midstream, LLC, Kingfisher STACK Oil Pipeline, LLC, Oklahoma Produced Water Solutions, LLC, and Cimarron Express Pipeline, LLC (collectively, the "Kingfisher Debtors") and SRII Opco, LP and SRII Opco GP, LLC (together, the "SRII Debtors") filed voluntary petitions for relief in the Court. 

Important Information & Dates

Plan and Disclosure Statement

On April 17, 2020, the Alta Mesa Debtors filed their Plan of Reorganization and the Disclosure Statement related thereto.  On April 22, 2020, the Bankruptcy Court entered an order conditionally approving the Alta Mesa Disclosure Statement.  The Bankruptcy Court held a hearing to consider final approval of the adequacy of the Alta Mesa Disclosure Statement and confirmation of the Plan on May 27, 2020.

In addition, on April 22, 2020, the Kingfisher Debtors filed their Amended Joint Chapter Plan and the Disclosure Statement related thereto.  The Bankruptcy Court held a combined hearing to consider approval of the Kingfisher Disclosure Statement and confirmation of the Plan on May 27, 2020. 

Click on the "Plan and Disclosure Statement" link at the left of this page to view Plan and Disclsoure Statement related documents.

Alta Mesa Sale Process

On September 16, 2019, the Alta Mesa Debtors filed a motion seeking approval of an auction and bidding procedures in connection with the sale of substantially all of their assets (the "Alta Mesa Sale Motion").  On October 11, 2019, the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) entered an order [D.I. 317] (as amended by the Bankruptcy Court orders entered on December 10, 2019 and December 19, 2019 [D.I. 636 and 666, respectively], the “Bidding Procedures Order”) approving the auction and bidding procedures.

On December 30, 2019, the Debtors entered into a Purchase and Sale Agreement (the “AMH Stalking Horse PSA”) with BCE-Mach III LLC (the “Stalking Horse Bidder”). On December 31, 2019, certain of the Debtors’ non-Debtor affiliates, including Kingfisher Midstream, LLC and its subsidiaries (collectively, “Kingfisher”), entered into a separate Purchase and Sale Agreement with the Stalking Horse Bidder, pursuant to which Kingfisher shall sell substantially all of its assets to the Stalking Horse Bidder (the “Kingfisher Stalking Horse PSA”).  On January 13, 2020, the Kingfisher Debtors filed a motion (the "Kingfisher Sale Motion") seeking approval of supplemental bidding procedures in connection with the sale of Kingfisher's assets.

After a hearing, conducted on January 21, 2020, the Bankruptcy Court entered orders approving the Alta Mesa Sale Motion and Kingfisher Sale Motion [D.I. 1013 and 1016, respectively] (the "Sale Orders"). 

To view copies of the AMH Stalking Horse PSA, the Kingfisher Stalking Horse PSA, the Sale Orders, or additional information relating to the Kingfisher sale process, please click on one of the links below.

Debtors' Stalking Horse Notice, AMH Stalking Horse PSA, and Kingfisher Stalking Horse PSA

Additional Information on the Kingfisher Sale Process

KFM Debtors' Sale Order

Alta Mesa and SRII Debtors' Sale Order

Deadline to File Claims

The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:

Alta Mesa Claims Bar Date: December 9, 2019, at 5:00 p.m., prevailing Central Time

Alta Mesa Governmental Bar Date: March 9, 2020, at 5:00 p.m., prevailing Central Time

Kingfisher Claims Bar Date: June 12, 2020, at 5:00 p.m., prevailing Central Time

Kingfisher Governmental Bar Date: July 10, 2020, at 5:00 p.m., prevailing Central Time

Click on "Submit a Claim" on the left for more information regarding filing a claim against the Alta Mesa Debtors.  To file a claim against Kingfisher Midstream, LLC, Kingfisher STACK Oil Pipeline, LLC, Oklahoma Produced Water Solutions, LLC, or Cimarron Express Pipeline or to obtain information on filing a claim against one or more of these entities, please click here.


Dates

May 27 2020 Combined Disclosure Statement and Plan Hearing 9:00 a.m. (CT) Plan & Disclos... Add to Calendar
+ SHOW ALL DATES
September 11 2019 -
September 12 2019 2:30 p.m. (CT)
September 19 2019 11:15 a.m. (CT)
September 26 2019 9:30 a.m. (CT)
October 7 2019 10:00 a.m. (CT)
October 11 2019 10:00 a.m. (CT)
October 24 2019 2:30 p.m. (CT)
November 7 2019 9:30 a.m. (CT)
November 12 2019 2:00 p.m. (CT)
November 21 2019 10:00 a.m. (CT)
December 9 2019 5:00 p.m. (CT)
December 10 2019 2:00 p.m. (CT)
December 19 2019 3:30 p.m. (CT)
January 9 2020 9:30 a.m. (CT)
January 13 2020 -
SRII Opco Debtors' Petition Date Voluntary Petitions Add to Calendar
January 14 2020 2:30 p.m. (CT)
January 15 2020 9:00 a.m. (CT)
January 21 2020 1:45 p.m. (CT)
January 21 2020 2:00 p.m. (CT)
February 11 2020 2:00 p.m. (CT)
February 25 2020 2:00 p.m. (CT)
February 27 2020 2:00 p.m. (CT)
March 3 2020 3:30 p.m. (CT)
March 9 2020 5:00 p.m. (CT)
Governmental Bar Date Bar Date Notice Add to Calendar
March 12 2020 8:15 a.m. (CT)
March 23 2020 2:00 p.m. (CT)
April 2 2020 9:00 a.m. (CT)
April 8 2020 9:00 a.m. (CT)
April 22 2020 9:00 a.m. (CT)
May 7 2020 10:00 a.m. (CT)
May 27 2020 9:00 a.m. (CT)
Combined Disclosure Statement and Plan Hearing Plan & Disclosure Statement Add to Calendar

Parties

Debtors' Counsel

  • Latham & Watkins LLP

    885 Third Avenue
    New York, NY   10022
    https://www.lw.com/
    Phone: 212.906.1200
    Fax: 212.751.4864

    George A. Davis
    Annemarie V. Reilly
    Brett M. Neve

  • Latham & Watkins LLP

    330 North Wabash Avenue, Suite 2800
    Chicago, IL   60611
    https://www.lw.com/
    Phone: 312.876.7700
    Fax: 312.993.9667

    Caroline A. Reckler


  • Latham & Watkins LLP

    555 Eleventh Street, Suite 1000
    Washington, DC   20004
    https://www.lw.com/
    Phone: 202.637.2200
    Fax: 202.637.2201

    Andrew Sorkin

  • Porter Hedges LLP

    1000 Main Street, 36th Floor
    Houston, TX   77002
    https://www.porterhedges.com/
    Phone: 713.226.6000
    Fax: 713.226.6248

    John F. Higgins, IV
    Eric M. English
    Aaron J. Power
    M. Shane Johnson

United States Trustee and Court Information

Debtors

Case Number Debtor Name Petition Date
Case Number 19-35133 Debtor Name Alta Mesa Resources, Inc. Petition Date September 11, 2019
Case Number 19-35137 Debtor Name Alta Mesa Finance Services Corp. Petition Date September 11, 2019
Case Number 19-35135 Debtor Name Alta Mesa Holdings GP, LLC Petition Date September 11, 2019
Case Number 19-35134 Debtor Name Alta Mesa Holdings, LP Petition Date September 11, 2019
Case Number 19-35138 Debtor Name Alta Mesa Services, LP Petition Date September 11, 2019
Case Number 19-35136 Debtor Name OEM GP, LLC Petition Date September 11, 2019
Case Number 19-35139 Debtor Name Oklahoma Energy Acquisitions, LP Petition Date September 11, 2019
Case Number 20-30222 Debtor Name SRII Opco GP, LLC Petition Date January 13, 2020
Case Number 20-30223 Debtor Name SRII Opco, LP Petition Date January 13, 2020
Case Number 20-30218 Debtor Name Kingfisher Midstream, LLC Petition Date January 12, 2020
Case Number 20-30219 Debtor Name Kingfisher STACK Oil Pipeline, LLC Petition Date January 12, 2020
Case Number 20-30220 Debtor Name Oklahoma Produced Water Solutions, LLC Petition Date January 12, 2020
Case Number 20-30221 Debtor Name Cimarron Express Pipeline, LLC Petition Date January 12, 2020