On August 17, 2012, ATP filed for protection under Ch. 11 of the U.S. Bankruptcy Code, and received debtor-in-possession financing of approximately $600 million. On August 23, 2012, the bankruptcy judge presiding over ATP's case signed an order allowing ATP to pay amounts received after August 17, 2012 to those parties entitled to receive them, including the ORRIs, provided that the owners of the ORRIs execute an agreement providing for the repayment to ATP of any amounts that the bankruptcy court later finds to have been inappropriately paid (a "Disgorgement Agreement"). The Company has executed a Disgorgement Agreement and consequently expects to receive distribution from ATP of its share of production proceeds received by ATP after August 17, 2012. The Company anticipates that it will begin to receive monthly ORRI payments from ATP in September.Everest
NGP Capital Resources Company Announces Quarterly Dividend Of $0.16 Per Share And Provides Portfolio Activity Update
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