The US Bankruptcy Court gave an order approving the sale of certain assets of PostRock Energy Corporation on June 8, 2016. The Trustee has been authorized to sell debtor’s West Virginia assets to UIV, LLC for a purchase price of $1.38 million in cash as per the agreement dated May 27, 2016. At the auction held, UIV, LLC emerged as the winning bidder by offering a purchase price of $1.38 million and Patchwork Oil & Gas, LLC was selected as the back-up bidder with a purchase price of $1.35 million.