Sunday, October 16, 2011

Eagle Geophysical, subsidiary file for Chapter 11 - Houston Business Journal:

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Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to provide geophysical services to upstream oilfield service In the voluntary petition filedd with the United States Bankruptcy Court for the Southern District of the company listed assetz of morethan $1 million and liabilities of more than $10 A company filing also showed that it terminateds the employment of seven of its top executives includingg Robert Wood, president and chief operatinf officer, and John Pearce, chief financiapl officer. The four others were listed as and one was avice A. John Knapp Jr. remains the company’s chairmajn and H. Malcolm Lovet t Jr.
has been named chief reorganization Eagle’s largest unsecured creditors include: Houston-basede Eagle Equipment Leasing; John Kornitzerd of Mission, Kan.; Eagle Canada Inc.; Eagle Geophysical Offshore Fixed Income and Dallas-based Realtime Geophysical Surveys LP.

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