Vanguard Natural Resources filed with the U.S. Bankruptcy Court three separate emergency motions to continue until March 1, 2017 the final hearings to consider the Debtors’ (i) D.I.P. financing motion; (ii) contract rejection motion related to its Encana agreement and (iii) motion to retain Evercore Group.
The financing continuation motion, “The Debtors are engaged in discussions with certain parties regarding the relief requested in the D.I.P. Financing Motion. Accordingly, the Debtors request entry of an order, Exhibit A, continuing the final hearing on the Debtor-in-Possession Motion to March 20, 2017 at 10:00 A.M. (Central Time), without prejudice to the Debtors’ right to further adjourn the D.I.P. Financing Motion.”
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