HTML Document View

Full title: Order Denying J. Fleet Oil & Gas Production Company, L.L.C. and Martin Producing, L.L.C.'s Motion For Relief from the Automatic Stay (Related Doc # [1238]) Signed on 11/16/2021. (emiller)

Document posted on Nov 15, 2021 in the bankruptcy, 4 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

ORDER DENYING J. FLEET OIL & GAS PRODUCTION COMPANY, L.L.C. AND MARTIN PRODUCING, L.L.C.’S MOTION FOR RELIEF FROM THE AUTOMATIC STAY AS TO THE DEBTORS CHESAPEAKE LOUISIANA, L.P., CHESAPEAKE OPERATING,INC., CHESAPEAKE ENERGY CORPORATION, AND CHESAPEAKE ENERGY MARKETING, INC. On October 22, 2020, the Court held a hearing on J. Fleet Oil & Gas Production Company, L.L.C. and Martin Producing, L.L.C.’s Motion for Relief from the Automatic Stay as to the Debtors Chesapeake Louisiana, L.P., Chesapeake Operating, Inc., Chesapeake Energy Corporation, and Chesapeake Energy Marketing, Inc.The location of Debtor Chesapeake Energy Corporation’s principal place of business and the Debtors’ service address in these chapter 11 cases is 6100 North Western Avenue, Oklahoma City, Oklahoma 73118.Co-Counsel to the Debtors and Debtors in Possession KIRKLAND & ELLIS LLP KIRKLAND & ELLIS INTERNATIONAL LLP

List of Tables

Document Contents

ENTERED November 16, 202 IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS Nathan Ochsner, Cler HOUSTON DIVISION § In re: § Chapter 11 § CHESAPEAKE ENERGY CORPORATION, et al.,1 § Case No. 20-33233 (DRJ) § Debtors. § (Jointly Administered) § § Related to Docket Nos. 1238, 1410 ORDER DENYING J. FLEET OIL & GAS PRODUCTION COMPANY, L.L.C. AND MARTIN PRODUCING, L.L.C.’S MOTION FOR RELIEF FROM THE AUTOMATIC STAY AS TO THE DEBTORS CHESAPEAKE LOUISIANA, L.P., CHESAPEAKE OPERATING, INC., CHESAPEAKE ENERGY CORPORATION, AND CHESAPEAKE ENERGY MARKETING, INC. On October 22, 2020, the Court held a hearing on J. Fleet Oil & Gas Production Company, L.L.C. and Martin Producing, L.L.C.’s Motion for Relief from the Automatic Stay as to the Debtors Chesapeake Louisiana, L.P., Chesapeake Operating, Inc., Chesapeake Energy Corporation, and Chesapeake Energy Marketing, Inc. [Docket No. 1238] (the “Motion”) and considered the Motion, objections, and arguments of counsel and found the Motion was properly noticed. Pursuant to Federal Civil Rule 52, made applicable in bankruptcy proceedings by Bankruptcy Rule 7052, the Court stated its findings of fact and conclusions of law on the record. For the reasons set forth by the Court in its oral ruling, the Court finds and concludes that the Motion should be denied without prejudice. It is, therefore HEREBY ORDERED THAT: 1. The Motion is denied without prejudice. 1 A complete list of each of the Debtors in these chapter 11 cases may be obtained on the website of the Debtors’ claims and noticing agent at https://dm.epiq11.com/chesapeake. The location of Debtor Chesapeake Energy Corporation’s principal place of business and the Debtors’ service address in these chapter 11 cases is 6100 North Western Avenue, Oklahoma City, Oklahoma 73118.

1

2. The parties are authorized to take all actions necessary or appropriate to effectuate the relief granted herein. 3. This Order shall be immediately effective and enforceable upon its entry. Houston, Texas DatSedig: n_e_d_:_ _N_o_v_e_m__b_e,r 2 1062,0 2 021. ____________________________________ DAVID R. JONES DAVID R. JONES UNITED STATES BANKRUPTCY JUDGE UNITED STATES BANKRUPTCY JUDGE

2

PROPOSED AND SUBMITTED BY: /s/ Matthew D. Cavenaugh JACKSON WALKER L.L.P. Matthew D. Cavenaugh (TX Bar No. 24062656) Jennifer F. Wertz (TX Bar No. 24072822) Kristhy M. Peguero (TX Bar No. 24102776) Veronica A. Polnick (TX Bar No. 24079148) 1401 McKinney Street, Suite 1900 Houston, Texas 77010 Telephone: (713) 752-4200 Facsimile: (713) 752-4221 Email: mcavenaugh@jw.com jwertz@jw.com kpeguero@jw.com vpolnick@jw.com Co-Counsel to the Debtors and Debtors in Possession KIRKLAND & ELLIS LLP KIRKLAND & ELLIS INTERNATIONAL LLP Patrick J. Nash, Jr., P.C. (admitted pro hac vice ) Marc Kieselstein, P.C. (admitted pro hac vice ) Alexandra Schwarzman (admitted pro hac vice) 300 North LaSalle Street Chicago, Illinois 60654 Telephone: (312) 862-2000 Facsimile: (312) 862-2200 Email: patrick.nash@kirkland.com marc.kieselstein@kirkland.com alexandra.schwarzman@kirkland.com Co-Counsel to the Debtors and Debtors in Possession

3

AGREED AS TO FORM ONLY: BRADLEY MURCHISON KELLY & SHEA LLC /s/ David R. Taggart, T.A. David R. Taggart, T.A. (TX Bar No. 00793102) 401 Edwards Street, Suite 1000 Shreveport, Louisiana 71101 Telephone: (318) 227-1131 Email: dtaggart@bradleyfirm.com Counsel to the Movants

4