Escambia Operating Company remains in a trustee-led liquidating Chapter 11 posture, with a joint plan of liquidation on file but no identified confirmation order or effective-date notice. No postpetition financing has been identified.

The restructuring advanced toward a joint liquidation of Escambia Operating Company and Escambia Asset Company when the Chapter 11 trustee filed a disclosure statement in December 2025, followed two days later by the standalone plan that remains the current plan authority. The plan contemplates liquidation-trust funding rather than exit financing. No later amended plan, plan supplement, voting results, or confirmation order has been identified, leaving confirmation and implementation unresolved. The latest listed proceeding was a fee-application hearing on July 14, 2026; no future hearing or other near-term milestone is identified.