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Paradox Resources, LLC Bankruptcy Case

Paradox Resources, LLC

Chapter 7 · Sale Process

Case No. 23-90558·Texas Southern·Petition date May 22, 2023

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OverviewHearings Professionals

Key professionals

Financial Advisor

Ankura Consulting Group, LLC

Chief Restructuring Officer

Stout Risius Ross, LLC

Claims and Noticing Agent

Donlin Recano & Company

Judge: David R. Jones
Petition assets: $50M–$100M
Petition liabilities: $50M–$100M
Industry: Energy
Debtors: 7

Paradox Resources, LLC is a Houston-based independent energy company specializing in helium processing, oil and gas production, and carbon capture. The company operates the sole natural gas processing plant in the Paradox Basin, featuring a 60 MMcfd treating plant, 1.1 MMcfd of helium processing capacity, and over 521 miles of gathering pipelines. Its upstream segment manages six conventional fields across 119,000 net acres in Utah and Colorado. The company employs 42 people and markets helium, propanes, butanes, and natural gas to end-users.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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