ALPINE SUMMIT ENERGY PARTNERS, INC. The US Bankruptcy Court gave an order approving the sale of substantially all the South Texas assets of Alpine Summit Energy Partners, Inc. on August 31, 2023. The debtor has been authorized to sell its substantially all its assets to San Isidro Energy Company II, LLC, Needmore Minerals, LLC and Ageron Holdings, LLC, the stalking horse bidders. The debtor?s assets include substantially all of the oil and gas assets and properties directly held by the Debtors located in Webb and/or La Salle Counties, Texas, including wells (The South Texas Assets).
The debtor did not receive any other competing bids for the purchase of its assets and therefore San Isidro Energy Company II, LLC, Needmore Minerals, LLC and Ageron Holdings, LLC emerged as the winning bidders.
