Trustee filed a notice of cancellation of auction for the sale of Certain Assets of New Source Energy Partners LP in the US Bankruptcy Court on June 5, 2017. As per the notice, Bid Procedures Order provides that if one or more Qualified Bid, other than the Stalking Horse Bid, was received by June 2, 2017, the Trustee would hold an auction for the Assets on June 7, 2017. As no competing Qualified Bid was received by the Bid Deadline, the Trustee, pursuant to the terms of the Bidding Procedures Order cancelled Auction. The sale hearing will be held to approve the sale of the Assets to the Stalking Horse Bidder H&P Investments, LLC on June 12, 2017.