09/03/14: Trustee David Bryant resigned as the chapter 7 trustee on 8-13-14 and Kevin Coffey was appointed the chapter 7 trustee in this case on 8-18-14. On 9-2-14, former
Trustee Bryant transferred funds to Trustee Coffey in the amount of $101,781.99, which represented the bankruptcy estate's funds maintained by former Trustee Bryant at the
First National Bank of Vinita, in Account No. xxxxx-1319. The transactions by former Trustee Bryant are shown on the Form 2 under account no. xxxxx-1319, and end with the
transfer of funds to Trustee Coffey on 9-2-14. The transaction for Trustee Coffey are shown on the Form 2 under account no. xxxxx-2419, starting with the transfer of funds to
Trustee Coffey on 9-2-14 in the amount of $101,781.99. At the time of his resignation, former Trustee Bryant had fully adminstered assets numbers 3, 21, and 24 through 31.
04/01/15: Trustee evaluating remaining assets to be sold including mineral interest
08/03/15: Order entered hiring Kevin Coffey as attorney for estate
03/09/16: Trustee obtained funds from Beard Oil Co that belonged to Debtor in the amount of $38,330
05/11/16: Trustee obtained oil and gas royalties in the amount of $10,620
08/22/16: Application to hire Dennis Maley, CPA; Order granted 9-14-16
08/25/16: Trustee is investigating Debtor's ownership of working interests.
02/23/17: Motion to sell overriding royalty interest; Order granted 3-27-17
03/24/17: Application to employ Louis Dakil, auctioneer; Order granted 4-11-17
05/16/17: Trustee sold ORRI in oil & gas wells at public auction for $42,900
08/17/17: Order entered employing David Brady as accountant for estate
11/14/17: Order entered employing Art Schmidt and Greg Conner to investigate mineral interest owned by Debtor by held by Beard Oil Company.
03/21/18: Successor Trustee's report filed
06/20/18: Trustee continues to work with special counsel to identify unscheduled and previously unidentified mineral and working interests (Asset # 38)
03/15/19: Adversary Proc. 19-1028 filed by Trustee against Beard Oil Co to quiet title in minerals owned by Debtor, but held by Beard Oil Co. (Asset # 38); Trustee intends to the
sell minerals after the Adversary Proceeding is concluded
08/13/19: Agreed Judgment entered in Adv Proc. 19-1028 establishing Trustee's ownership in mineral interests.
11/06/19: Order entered to compensate accountant for preparation of tax return
06/25/20: Trustee in process of determining how to liquidate mineral interests in light of low oil prices and coronavirus.
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