On April 17, 2017, Venoco, LLC and its affiliates (TexCal Energy (LP) LLC; Whittier Pipeline Corporation; TexCal Energy (GP) LLC; Ellwood Pipeline, Inc.; and TexCal Energy South Texas, L.P. (collectively, “Venoco”) announced that it has filed for bankruptcy under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.
The Company’s assets are expected to be sold or wound down through the bankruptcy process.
Venoco is working with regulators and stakeholders to ensure the safe transition or wind-down of its assets. As the Company pursues the sale/disposition of its assets, it expects to conduct business as usual and expects day-to-day relationships with employees, vendors, and customers to continue.
Claims Administration Website: http://cases.primeclerk.com/venoco
Frequently Asked Questions: http://www.venocoinc.com/restructuring-faq