In December we reported the sad news that Magnum Hunter Resources (MHR) finally had to file for Chapter 11 bankruptcy protection (see Sad Day: Magnum Hunter Files for Chapter 11 Bankruptcy). MHR has a variety of subsidiary companies. One of those companies, GreenHunter Resources (water and wastewater) also succumbed and filed for bankruptcy in March (see Another Sad Day: GreenHunter Resources Files for Bankruptcy). “Restructuring” as it’s called, was completed for GreenHunter in May and the company emerged from bankruptcy under the ownership of a private equity firm. GreenHunter has shed its name and merged with/taken on a new name: Fountain Quail Disposal. The CEO of Fountain Quail is the former Executive Vice President and COO of GreenHunter, Kirk Trosclair. So Trosclair survived the bankruptcy process, unlike his former boss Gary Evans (see Magnum Hunter Emerges from Bankruptcy with CEO Gary Evans Gone). Here’s what we know about GreenHunter becoming Fountain Quail Disposal…
