EdgeMarc Energy Holdings – Creditors Object to DIP Financing and Bidding Procedures, Don’t Want Debtors Shut in Sale Process While Pennsylvania Assets Remain Shut In Exploded Pipeline

June 10, 2019 – The Debtors' Official Committee of Unsecured Creditors (the “Committee”) objected [Docket No. 147] to each of the Debtors’ debtor-in-possession ("DIP") financing motion and bidding procedures motion citing that these motions endanger estate value by compelling "a sale transaction within two months (August 2019), regardless of whether the sale process yields optimal…