The Trustee of PostRock Energy Corporation filed a notice in the US Bankruptcy Court regarding sale of certain assets on May 31, 2016. The debtor signed an asset purchase agreement for sale of its West Virginia assets to UIV, LLC for a purchase price of $1.38 million in cash on May 27, 2016. Buyer has deposited 10% of the purchase price as deposit. Transaction is expected to close by June 12, 2016.