New Chapter 11 Filing – Emerge Energy Services LP
Emerge Energy Services LP, along with four of its affiliates, has filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11563). The Debtors are engaged in the business of mining, processing and distributing silica sand, a key input for the hydraulic fracturing of oil and gas wells. The Debtors report an estimated 200-999 creditors and that they currently have estimated assets and liabilities of between $100 million and $500 million. The cases have been assigned to the Honorable Karen B. Owens.
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