Royalty Partners files for Chapter 11 bankruptcy

Royalty Partners LLC, a privately held company with holdings in the Eagle Ford shale play, has filed for Chapter 11 bankruptcy reorganization in the US Bankruptcy Court Southern District of Texas in Victoria.

Court filings show that, as of Jan. 27, the company’s total assets were $845,218, while its debts were more than $1.5 million.

A court date has not yet been set for these proceedings.

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