Greeley energy company files for bankruptcy
GREELEY — Smith Energy Corp., a Greeley-based energy company, has filed for Chapter 7 bankruptcy.
The company filed for bankruptcy Thursday afternoon in U.S. Bankruptcy Court in Denver, listing assets of $334,611 and liabilities of $773,000. The company stated that it had up to 49 creditors.
Smith Energy stated in the filing that it is in possession of real property that requires “immediate attention,” identifying the Running Creek 11 property in Elbert County. An “oil leak occurred on property and was identified by the Colorado Oil & Gas Conservation Commission,” the company stated, adding that the…
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