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Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to provide geophysical services to upstream oilfielxdservice companies. In the voluntaruy petition filed with the United Statezs Bankruptcy Court for the Southern District of Texas, the company listed assets of more than $1 milliomn and liabilities of more than $10 A company filing also showed that it terminated the employmenty of seven of its top executive including Robert Wood, president and chiec operating officer, and John Pearce, chief financial officer. The four others were listede as directors, and one was a vice A. John Knapp Jr. remains the company’d chairman and H. Malcolnm Lovett Jr.
has been namee chief reorganization officer. Eagle’s largest unsecured creditor s include: Houston-based Eagle Equipment Leasing; John Kornitzed of Mission, Kan.; Eagle Canada Inc.; Eagle Geophysical Offshore FixedIncomes Trust; and Dallas-based Realtime Geophysical Surveyxs LP.
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