New Source Energy Partners L.P.

Equities

NSLPQ

US64881E1091

Oil & Gas Exploration and Production

Market Closed - OTC Markets Other stock markets 11:21:45 2024-03-25 am EDT			5-day change	1st Jan Change
0.000001 ^USD	-.--%		-.--%	-.--%

2017	Motion for Asset Sale Approved for New Source Energy Partners L.P.	CI
2017	Notice of Cancellation of Auction Filed for New Source Energy Partners L.P.	CI

New Source Energy Partners L.P. Filed for Bankruptcy

March 15, 2016 at 12:00 am EDT

New Source Energy Partners LP, along with its affiliate, filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Delaware on March 15, 2016. The affiliate includes New Source Energy GP, LLC. The debtor listed its assets and liabilities both in the range of $50 million to $100 million.

Derek C. Abbott of Morris, Nichols, Arsht & Tunnell LLP acted as legal counsel to debtor. Carl Wimberley of Opportune, LLP acted as chief restructuring officer to debtor.

Latest news about New Source Energy Partners L.P.

Motion for Asset Sale Approved for New Source Energy Partners L.P.	17-06-13	CI
Notice of Cancellation of Auction Filed for New Source Energy Partners L.P.	17-06-05	CI
An unknown buyer cancelled the acquisition of MidCentral Energy Partners L.P. and MidCentral Energy Partners GP, LLC from New Source Energy Partners L.P. (OTCPK:NSLP.Q) and New Source Energy GP, LLC.	17-05-09	CI
Bidding Procedure Approved for New Source Energy Partners L.P.	17-04-26	CI
Motion for Asset Sale Filed by New Source Energy Partners L.P.	17-04-11	CI
Motion for Asset Sale Approved for New Source Energy Partners L.P.	16-06-24	CI
Bidding Procedure Approved for New Source Energy Partners L.P.	16-05-31	CI
Motion for Asset Sale Filed by New Source Energy Partners L.P.	16-05-10	CI
An unknown buyer signed an asset purchase agreement to acquire interests in MidCentral Energy Partners L.P. and MidCentral Energy Partners GP, LLC from New Source Energy Partners L.P. (OTCPK:NSLP.Q) and New Source Energy GP, LLC for $0.6 million.	16-05-09	CI
Motion for Joint Administration Approved for New Source Energy Partners L.P.	16-04-08	CI
Motion for Joint Administration Filed by New Source Energy Partners L.P.	16-03-31	CI
New Source Energy Partners L.P. will Change its Ticker to NSLPQ from NSLP	16-03-18	CI
New Source Energy Partners L.P. Filed for Bankruptcy	16-03-15	CI
Transcript : New Source Energy Partners L.P., Q3 2015 Earnings Call, Nov 09, 2015	15-11-09
New Source Energy Partners L.P. Reports Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2015; Reports Impairments for the Quarter Ended September 30, 2015	15-11-09	CI
New Source Energy GP, LLC and New Source Energy Partners L.P. Announce Executive Changes	15-10-26	CI
New Source Energy GP, LLC Announces Resignation of Amber Bonney as Vice President Accounting and Principal Accounting Officer	15-10-02	CI
Transcript : New Source Energy Partners L.P., Q2 2015 Earnings Call, Aug 10, 2015	15-08-10
New Source Energy Partners L.P. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015	15-08-10	CI
Certain Preferred Units of New Source Energy Partners L.P. are subject to a Lock-Up Agreement Ending on 3-AUG-2015.	15-08-02	CI
New Source Energy Partners Suspends Quarterly Cash Distribution on Common Units	15-07-29	CI
New Source Energy GP, LLC Announces Management Changes	15-06-30	CI
Transcript : New Source Energy Partners L.P., Q1 2015 Earnings Call, May 11, 2015	15-05-11
New Source Energy Partners L.P. Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Announces Impairment of Oil and Natural Gas Properties for the First Quarter Ended March 31, 2015	15-05-11	CI
New Source Energy Partners L.P. Declares First Quarter 2015 Cash Distribution, Payable on May 15, 2015	15-05-08	CI

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Company Profile

New Source Energy Partners L.P. is an independent energy company. The Company owns and acquires oil and natural gas properties in the United States. The Company operates in two segments: exploration and production, and oilfield services. The exploration and production segment is engaged in the production of oil and natural gas properties. The oilfield services segment provides full service blowout prevention installation and pressure testing services, including certain ancillary equipment necessary to perform such services, as well as well testing and flowback services. The Company is engaged in the production of onshore oil and natural gas properties that extend across conventional resource reservoirs in east-central Oklahoma. The Company's oilfield services business provides well site services during the drilling and completion stages of a well to companies in the oil and natural gas industry in Oklahoma, Texas, New Mexico, Kansas, Pennsylvania, Ohio and West Virginia.

Sector

Oil & Gas Exploration and Production

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Sector Other Oil & Gas Exploration and Production

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