Barrow Shaver Resources Company, LLC filed a Chapter 11 Plan of Liquidation on February 19, 2026 in the United States Bankruptcy Court for the Southern District of Texas, Houston Division. The Plan proposes to transfer all remaining property of the estate to a Liquidation Trust, which will be funded primarily from proceeds of a previously approved sale of the company’s assets to TexOil Investments, LLC. The Plan establishes nine classes of claims and interests, with equity interests to be cancelled. The filing references an involuntary petition date, indicating the case originated as an involuntary bankruptcy proceeding.
The Proposed Liquidation Plan
The Plan is structured as a full liquidation. All remaining property of the…