Warren Resources Inc. said it's closing its Houston office after the company recently emerged from bankruptcy, the Houston Business Journal reported yesterday. At the time of its bankruptcy filing, the company had $229.7 million in total assets and $545.2 million in debt, according to court documents. A bankruptcy court on Sept. 14 confirmed the Denver-based company's plan of reorganization following a chapter 11 filing June 2, according to an Oct. 5 press release. Warren Resources also plans to shut down its office in Plano, Texas, and reduce leased space in other locations. But the company said that it will maintain a small team in Denver; Long Beach, Calif; Rollins and Casper, Wyo.; and Tunkhannock, Pa. Read more.
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