MTE Holdings LLC – Permian Basin E&P Files Chapter 11, Accuses Lender Riverstone of “Failure to Fund” Notwithstanding Operational Success

October 22, 2019 − MTE Holdings LLC (together with six later added affiliates, “MTE Holdings” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-12269. The Debtors, which conduct oil and gas exploration, drilling and development operations in the Permian Basin in Texas,…