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Barrow Shaver Resources: $60M TexOil Sale Follows Involuntary Petition

Barrow Shaver Resources was forced into involuntary chapter 7 by six oilfield vendors in July 2024. The East Texas E&P converted to chapter 11, sold assets to TexOil for $60M in 2025, and filed a liquidating plan in 2026 after $67M in trade debt and contested mineral liens.

FreefallEnergy & natural resources

Week of March 2, 2026

Big Lots Converts to Chapter 7 After $707.5M Sale Financing

Audacy: Prepack Restructuring Confirms with Ongoing Radio Asset Sales

Merit Street Media: Judge Converts Dr. Phil Network to Chapter 7 After Evidence Destruction Finding

ENGlobal: Ransomware Attack Triggers Engineering Firm's 100-Day Restructuring

The Dolphin Company: Armed Standoffs, $10K Daily Sanctions, and Miami Seaquarium's End

Crown Capital Holdings: $119M Fraud Conviction Triggers 10,000-Unit Affordable Housing Collapse

Indaba Buys Accelerate Diagnostics Assets in $42M Credit-Bid Sale

Molecular Templates: From $1.3B Biobucks to Chapter 11 in 73 Days

DocuData Solutions: Exela's $1.1B Debt Swap in 112 Days

Groff Tractor Mid Atlantic: 67-Year CASE Dealer Pursues Going-Concern Sale

Barrow Shaver Resources: $60M TexOil Sale Follows Involuntary Petition

Navellier & Associates Proposes Revenue Plan for $31.4M SEC Judgment