EXPERIENCED IN EXPLORATION

PROVEN IN PRODUCTION

BARROW SHAVER RESOURCES is engaged in prospect generation, producing properties acquisition, lease acquisition, and assembly and marketing of prospects for the exploration and development of oil and natural gas in the prolific producing trends of the East Texas and West Texas Basins.

On July 23, 2024, certain creditors filed an involuntary petition under chapter 7 of title 11 of the United States Code, 11 U.S.C. § 101 et seq. in the United States Bankruptcy Court for the Southern District of Texas. The basis for the Involuntary Petition was outstanding trade claims owed to the such creditors in the total amount of $8,454,981.01.

On August 19, 2024, the Debtor consented to an order for relief under chapter 11 by filing its voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. The case is pending before the Honorable Alfredo R. Perez.

Court filings and other information related to the proceedings are available on a separate website administrated by the Company’s claims agent, Kroll, at https://cases.ra.kroll.com/BSR/.

Information is also available by calling Kroll toll-free at (844) 400-3278, or (646) 661-2495 for calls originating outside of the U.S. or Canada, or by emailing [email protected].