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Unit Corporation

COURT
Texas Southern Bankruptcy Court
CASE NUMBER
4:2020bk32740
TYPE / CHAPTER
Voluntary / 11

Filed

5-22-20

Updated

9-13-23

Last Checked

6-17-20

Assets

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Liabilities

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Docket

Last Updated
May 25, 2020
Last Entry Filed
May 24, 2020

Docket Entries by Quarter

May 22, 2020 1 Petition Chapter 11 Voluntary Petition Non-Individual Fee Amount $1717 Filed by Unit Corporation. (Perrin, Harry) (Entered: 05/22/2020)
May 22, 2020 Receipt of Voluntary Petition (Chapter 11)(20-32740) [misc,volp11] (1717.00) Filing Fee. Receipt number 22141222. Fee amount $1717.00. (U.S. Treasury) (Entered: 05/22/2020)
May 22, 2020 2 Designation of Complex Chapter 11 Bankruptcy Case (Filed By Unit Corporation ). (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 3 Emergency Motion , Motion for Joint Administration Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 4 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System and Maintain Existing Bank Accounts (B) Continue Using Existing Checks and Business Forms, (C) Maintain Their Corporate Card Program, and (D) Continue Intercompany Transactions, and (II) Granting Related Relief Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Interim Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 5 Emergency Motion for Entry of an Order (I) Authorizing the Debtors to (A) Pay Prepetition Wages, Salaries, Other Compensation, and Reimbursable Expenses and (B) Continue Employee Benefit Programs, and (II) Granting Related Relief Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 6 Emergency Motion for Entry of an Order Authorizing the Payment of Certain Prepetition Taxes and Fees Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 7 Emergency Motion for Entry of an Order (I) Approving the Debtors' Proposed Adequate Assurance Payments for Future Utility Services, (II) Prohibiting Utility Providers from Altering, Refusing, or Discontinuing Services, and (III) Approving the Debtors' Proposed Procedures for Resolving Adequate Assurance Requests Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 8 Emergency Motion for Entry of an Order (I) Authorizing the Debtors to Make or Honor Mineral Payments, Working Interest Disbursements, and Joint Interest Billings and (II) Granting Related Relief Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
May 22, 2020 9 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to Pay (A) Certain Operating Expenses, (B) Marketing Expenses, (C) Shipping and Warehousing Claims, (D) 503(b)(9) Claims, and (E) UDC Trade Claims, (II) Confirming Administrative Expense Priority of Outstanding Orders, and (III) Granting Related Relief Filed by Debtor Unit Corporation (Attachments: # 1 Interim Proposed Order) (Pyeatt, Matthew) (Entered: 05/22/2020)
Show 4 more entries
May 23, 2020 14 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Obtain Senior Secured Superpriority Postpetition Financing and (B) Utilize Cash Collateral of the RBL Secured Parties, (II) Granting Adequate Protection to the RBL Secured Parties, (III) Modifying the Automatic Stay, (IV) Scheduling a Final Hearing, and (V) Granting Related Relief Filed by Debtor Unit Corporation (Attachments: # 1 Proposed Interim Order # 2 Exhibit B - Form of DIP Credit Agreement # 3 Exhibit C - Budget) (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 15 Declaration re: /Declaration of Bo S. Yi in Support of the Debtors' Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Obtain Senior Secured Superpriority Postpetition Financing and (B) Utilize Cash Collateral of the RBL Secured Parties, (II) Granting Adequate Protection to the RBL Secured Parties, (III) Modifying the Automatic Stay, (IV) Scheduling a Final Hearing, and (V) Granting Related Relief (Filed By Unit Corporation ).(Related document(s):14 Emergency Motion) (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 16 Motion for Entry of an Order (I) Authorizing the Debtors to Continue Prepetition Insurance Policies and Satisfy Obligations Related Thereto and (II) Granting Related Relief Filed by Debtor Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 17 Motion for Entry of an Order (I) Authorizing Continuation of the Surety Bond Program and (II) Granting Related Relief Filed by Debtor Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 18 Motion for Entry of an Order (I) Authorizing the Debtors to Retain and Compensate Professionals Utilized in the Ordinary Course of Business and (II) Granting Related Relief Filed by Debtor Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 19 Notice and Order regarding exchanging of exhibits and witness lists in all contested matters and adversary proceedings. (Entered: 05/23/2020)
May 23, 2020 20 Declaration re: /Declaration of David Merrill in Support of Chapter 11 Petitions and First Day Motions (Filed By Unit Corporation ). (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 21 Notice of Filing of First Day Motions and Emergency Electronic Hearing. Filed by Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 22 Notice of Agenda for Emergency Hearing on May 26, 2020 at 3:15 P.M. (Central Time). Filed by Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)
May 23, 2020 23 Motion to Appear pro hac vice by David S. Meyer. Filed by Debtor Unit Corporation (Pyeatt, Matthew) (Entered: 05/23/2020)

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Case Information

Court
Texas Southern Bankruptcy Court
Case number
4:2020bk32740
Assets
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Liabilities
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Judge
David R Jones
Chapter
11
Filed
May 22, 2020
Type
voluntary
Terminated
Jun 21, 2021
Updated
Sep 13, 2023
Last checked
Jun 17, 2020

Creditors

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Amos L. McAlister
Aveda Transportation and Energy Srvc
DeWitt County
Ernest E. Metzger
George W. McClain
Goliad County
Goliad ISD
Hardin County
Harrison County
Irion County
J Dennis Semler
Jacam Chemicals 2013, LLC
Jackson Bros. Farming LLC
Lavaca County
Live Oak CAD
There are 11 more creditors. Subscribe now or purchase this single case to see the full creditors list.

Parties

Debtor

Unit Corporation
8200 South Unit Drive
Tulsa, OK 74132
TULSA-OK
Tax ID / EIN: xx-xxx3193

Represented By

Harry Allen Perrin
Vinson Elkins LLP
1001 Fannin
Suite 2500
Houston, TX 77002
713-758-2548
Email: hperrin@velaw.com
Matthew J. Pyeatt
Vinson & Elkins, L.L.P.
2001 Ross Avenue, Suite 3700
Dallas, TX 75201
214.220.7924
Email: mpyeatt@velaw.com

U.S. Trustee

US Trustee
Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002
(713) 718-4650

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