Denver, CO (October 6th, 2020) – Patriot Well Solutions (“Patriot” or the “Company”) announces that the company has successfully exited the Chapter 11 process having completed all required actions.
The Company appreciates the support of our customers, suppliers, employees and advisors during this process. In particular, our employees’ dedication has maintained the highest levels of safety and efficiency in our operations. We look forward to continuing to operate and serving our customers throughout the North Dakota, Rockies and Texas areas with a focus on safety, quality and efficiency.
Patriot is majority-owned and funded by Houston-based White Deer Energy, a leading energy, industrials and infrastructure focused private equity firm with over $2.7 billion in raised capital.
Squire Patton Boggs (US) LLP served as Patriot’s legal advisor; Sonoran Capital Advisors as Chief Restructuring Officer and financial advisor; and Simmons Energy served as the Company’s investment banker.