A group of companies that say they are owed millions from Miller Energy Resources Inc.’s Alaska subsidiary is trying to push the unit into bankruptcy after a securities regulator charged the company with accounting fraud, the Wall Street Journal reported today. Creditors of Miller’s Cook Inlet Energy LLC subsidiary, filed an involuntary chapter 11 petition on Thursday against the oil and gas company driller in U.S. Bankruptcy Court in Anchorage. The creditors — Baker Hughes Oilfield Operations, Inc., M-I LLC, Schlumberger Tech. Corp. — claim that the Alaska subsidiary owes them about $2.8 million, according to court papers. Executives at Miller plan to fight the request and restructure the company’s debt without bankruptcy, said Chief Executive Carl Giesler.
