Case Background

On June 25, 2018, Geokinetics Inc. and 8 affiliated debtors (collectively, the "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 cases are pending before the Honorable David R. Jones and are jointly administered under Case No. 18-33410.  On October 1, 2018, an order was entered dismissing the case of Geokinetics (Australasia) Pty. Ltd.

Important Information & Dates

A hearing on the Debtors' First Day Motions was held on June 26, 2018 at 1:30 p.m. (Prevailing Central Time) before the Honorable David R. Jones, United States Bankruptcy Court for the Southern District of Texas, 515 Rusk Street, Courtroom 400, Houston, TX 77002

A final hearing on certain First Day Motions was held on July 12, 2018 at 3:30 p.m. (Prevailing Central Time).

Please click below to view and download the Debtors' First Day Motions and First Day Orders:

First Day Motions

First Day Orders

 

Deadline to File Claims

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

General Bar Date (all creditors other than Governmental Units): August 28, 2018

Governmental Units Bar Date: December 24, 2018

Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.

 

Plan and Disclosure Statement

On September 7, 2018 the Debtors filed their Plan of Liquidation and the Disclosure Statement related thereto.  On September 11, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement.  On October 19th, the Bankruptcy Court entered an order confirming the Plan.  On October 31, 2018, the Effective Date of the Plan occurred, and the Plan was consummated.

Dates

October
31

Effective Date

_____
November
30

Administrative Bar Date

______
December
24

Governmental Claims Bar ...

______
June
25
______
July
12
3:30 p.m. (CT)

Final Hearing on Certain First Day Motions

October
11
______

Voting Deadline

Parties

Debtors' Counsel

Porter Hedges LLP

1000 Main Street, 36th Floor
Houston, TX   77002
https://www.porterhedges.com/
Phone: 713.226.6000
Fax: 713.228.1331
John F. Higgins, Esq.
Aaron J. Power, Esq.

Debtors' Restructuring Advisors

FTI Consulting, Inc.

2001 Ross Avenue
Dallas, TX   75201
https://www.fticonsulting.com/
Phone: 214.397.1600
Fax: 214.397.1790


United States Trustee and Court Information

Office of the United States Trustee

515 Rusk Avenue, Suite 3516
Houston, TX   77002
http://www.txs.uscourts.gov/offices/houston-division
Phone: 713.718.4650
Fax: 713.718.4670


United States Bankruptcy Court, Southern District of Texas

United States Courthouse
515 Rusk Avenue
Houston, TX   77002
http://www.txs.uscourts.gov/offices/houston-division
Phone: 713.250.5500
Hon. David R. Jones

Debtors

Case Number
Debtor Name
Petition Date
18-33410 Geokinetics Inc. June 25, 2018
18-33411 Geokinetics Holdings USA, Inc. June 25, 2018
18-33412 Geokinetics Processing, Inc. June 25, 2018
18-33413 Geokinetics USA, Inc. June 25, 2018
18-33414 Geokinetics International Holdings, Inc. June 25, 2018
18-33416 Geokinetics International, Inc. June 25, 2018
18-33415 Advanced Seismic Technology, Inc. June 25, 2018
18-33417 Geokinetics Exploration, Inc. June 25, 2018
18-33418 Geokinetics (Australasia) Pty. Ltd. (case dismissed on October 1, 2018) June 25, 2018