Saratoga Resources Inc.

Saratoga Resources Inc. (OTC Pink Market: SARAQ) (“Company” or “Saratoga”) announced today that the Company filed with the U.S. Bankruptcy Court a notice of satisfaction of the conditions of effectiveness of its Joint Chapter 11 Plan of Reorganization filed as of August 30, 2016 (the “Plan”), whereupon Saratoga, and its subsidiaries, emerged from chapter 11 bankruptcy protection [...]

Saratoga Resources Inc. (OTC Pink Market: SARAQ; the “Company” or “Saratoga”) today announced that the U.S. Bankruptcy Court, Western District of Louisiana (the “Bankruptcy Court”) has issued an Order and Notice Approving Disclosure Statement, Fixing Time for Filing Acceptances or Rejections of Plan, Fixing Date for Confirmation Hearing and Requiring a Tabulation of Voting (the [...]

Saratoga Resources Inc. (OTC Pink Market: SARAQ; the “Company” or “Saratoga”) today announced that it has filed a Notice of Hearing on Approval of Adequacy of Disclosure Statement for Joint Chapter 11 Plan of Reorganization (the “Notice of Hearing”). As reflected in the Notice of Hearing, Saratoga, and its subsidiaries, on June 13, 2016, filed a Joint Chapter 11 Plan of Reorganization [...]

Saratoga Resources Inc. (OTC Pink Market: SARAQ; the “Company” or “Saratoga”) today announced that it has filed a motion, under Section 363 of the Bankruptcy Code (the “363 Motion”), to conduct a sale of all or substantially all of its assets, excluding the Company’s federal leases and certain other assets that may be excluded by agreement between the Company and its first lien [...]

Saratoga Resources Inc. (OTC Pink Market: SARAQ; the “Company” or “Saratoga”) today announced updated reserve information as of June 1, 2015. The updated reserve totals reflect management’s internal estimates and incorporate updated audited reserves associated with the Company’s 100% operated Breton Sound Block 32 and Main Pass Block 25 fields, both located in Plaquemines Parish [...]

Saratoga Resources Inc. (NYSE MKT: SARA; the “Company” or “Saratoga”) today announced receipt of notice that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the Company’s common stock from NYSE MKT LLC (“NYSE MKT” or the “Exchange”). Trading in the Company’s common stock was suspended prior to the open of the market on June 19 [...]

Saratoga Resources Inc. (NYSE MKT: SARA; the “Company” or “Saratoga”) today announced the filing of voluntary Chapter 11 petitions for itself and certain operating subsidiaries in the U.S. Bankruptcy Court for the Western District of Louisiana in Lafayette. Saratoga intends to continue to operate its business and manage its properties as debtors in possession. At this time, Saratoga believes it has [...]

Saratoga Resources Inc. (NYSE MKT: SARA; the €œCompany € or €œSaratoga €) today announced that it has appointed Richard Nevins to its board of directors and as a member of the board €™s existing independent committee. Mr. Nevins has served as an independent financial advisor since 2010 and previously from 2007 to 2008, in which capacity he served as Interim CEO of Insight Health [...]

Saratoga Resources Inc. (NYSE MKT:SARA; the “Company†or “Saratogaâ€) today announced financial and operating results for the quarter and year-ended December 31, 2014. Additionally, as required by NYSE Mkt Company Guide Section 610(b), Saratoga announced that its audited consolidated financial statements for the fiscal year ended December 31, 2014, included in the Company’s Annual Report on Form 10-K which was filed with the Securities and Exchange Commission on April 15, 2015, contained a going concern qualification from its independent registered public accounting firm. The Company is repo... [...]

Saratoga Resources Inc. (NYSE MKT: SARA; the “Company” or “Saratoga”) today announced that it has entered amendments extending the terms of the existing forbearance agreements with (i) all of the holders of notes (the “First Lien Notes”) in the amount of $54.6 million issued under that certain Indenture dated as of November 22, 2013 (the “First Lien Indenture”), by and among the Company and its subsidiaries and The Bank [...]