According to the U.S. Bankruptcy Court docket, Black Elk Energy Offshore Operations filed a voluntary Chapter 11 petition. This voluntary Chapter 11 bankruptcy follows an involuntary Chapter 7 filing.
The Company holds oil and natural gas interests in offshore properties in the Gulf of Mexico. Concurrent with its voluntary Chapter 11 filing, Black Elk Energy Offshore Operations appointed Blackhill Partners’ Jeff Jones as chief restructuring officer “to assist the Debtor as it attempts to operate going forward.”
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