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SEC Filings

8-K
AZURE MIDSTREAM PARTNERS, LP filed this Form 8-K on 03/21/2017
Entire Document
 

Exhibit 99.1

 

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF TEXAS

HOUSTON DIVISION

 

CASE NAME:

AZURE MIDSTREAM PARTNERS, LP, et. al.

PETITION DATE:     

1/30/2017

CASE NUMBER:

17-30461

 

 

 

 

MONTHLY OPERATING REPORT SUMMARY FOR MONTH

To Date

 

MONTH

 

Jan-30-Feb-28

 

March

 

April

 

May

 

June

 

From Petition Date

 

REVENUES (MOR-6)

 

$

3,199,478.14

 

$

 

$

 

$

 

$

 

$

3,199,478.14

 

INCOME BEFORE INT; DEPREC./TAX (MOR-6)

 

$

(2,844,655.33

)

$

 

$

 

$

 

$

 

$

(2,844,655.33

)

NET INCOME (LOSS) (MOR-6)

 

$

(4,060,044.62

)

$

 

$

 

$

 

$

 

$

(4,060,044.62

)

PAYMENTS TO INSIDERS (MOR-9)

 

$

46,766.43

 

$

 

$

 

$

 

$

 

$

46,766.43

 

PAYMENTS TO PROFESSIONALS (MOR-9)

 

$

 

$

 

$

 

$

 

$

 

$

 

TOTAL DISBURSEMENTS (MOR-7 and Exhibit A) **

 

$

7,998,988.44

 

$

 

$

 

$

 

$

 

$

7,998,988.44

 

 


**The jointly administered Debtors are authorized to file monthly operating reports on a consolidated basis, and have disbursements broken down by case number on Exhibit A attached**

***The original of this document must be filed with the United States Bankruptcy Court***

 

REQUIRED INSURANCE MAINTAINED

 

 

 

 

EXP.

 

AS OF SIGNATURE DATE

 

 

 

 

DATE

 

CASUALTY

 

YES x  NO o

 

 

10/14/2017

 

LIABILITY

 

YES x  NO o

 

 

10/14/2017

 

VEHICLE

 

YES x  NO o

 

 

10/14/2017

 

WORKER’S

 

YES x  NO o

 

 

10/14/2017

 

PROPERTY

 

YES x  NO o

 

 

5/31/2017

 

D&O

 

YES x  NO o

 

 

1/15/2018

 

 

 

CIRCLE ONE

 

 

 

 

 

Are all accounts receivable being collected within terms?

No

 

Are all post-petition liabilities, including taxes, being paid within terms?

Yes

 

Have any pre-petition liabilities been paid?

No

 

If so, describe

First Day relief granted for pre-petition payments of all ordinary course trade.

Are all funds received being deposited into DIP bank accounts?

No

 

Were any assets disposed of outside the normal course of business?

No

 

If so, describe

A sale order (Docket 172) has been entered approving the sale of substantially all of the Debtors’ assets.

Are all U.S. Trustee Quarterly Fee Payments current?

No

 

 

 

 

 

What is the status of your Plan of Reorganization?

Plan of Reorganization filed 3/20/2017.

 

ATTORNEY NAME:

Christopher M. López

FIRM NAME:

Weil, Gotshal & Manges, LLP

ADDRESS:

700 Louisiana Street, Suite 1700

 

 

CITY, STATE, ZIP:

Houston, TX 77002

TELEPHONE/FAX:

(713) 546-5000 / (713) 224-9511

 

I certify under penalty of perjury that the following complete Monthly Operating Report (MOR), consisting of MOR-1 through MOR-9 plus attachments, is true and correct.

 

SIGNED X

/s/ Amanda Bush

TITLE:

Chief Financial Officer

 

(ORIGINAL SIGNATURE)

 

 

 

 

 

 

 

Amanda Bush

 

3/21/2017

 

(PRINT NAME OF SIGNATORY)

 

DATE

 


Notes

(1) Taxes will be paid via sale proceeds - see sale order (Docket 172), paragraph 29.

 

MOR-1

Revised 07/01/98

 


 


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