Notice of Chapter 11 Bankruptcy Filing

02.02.16

Houston, TX, February 2, 2016 - Ryckman Creek Resources, LLC and its parent Peregrine Midstream Partners LLC filed for reorganization bankruptcy under Chapter 11 in Delaware as a result of certain events not within the Company’s control.  The filing triggers an “automatic stay” regarding pre-filing debts owed by the Company in order to provide the Company with “breathing room” to improve its business operations and reduce its debt. 

Chapter 11 fully permits daily operations to continue as usual during the pendency of the reorganization proceeding.  The filing will cause no impacts on Ryckman’s operations.  The facility will continue to operate in the ordinary course of business, including honoring its obligations to serve its existing as well as future customers.