Mineral Eagle Energy Acquisition Systems
Feature · Section 363 Bankruptcy-Sale Radar

When the court is selling their operator, reach the owners first

An E&P operator in Chapter 11 selling its producing assets via a §363 sale is about to hand its wells to a named buyer — by court order, free and clear — and the owners underneath are at a sharp decision point. Bankruptcy-Sale Radar reads the §363 sale motion and order off the operator’s docket, matches each to the debtor, and surfaces the owners you already track under the sold leases — with the sale hearing on a 60–90 day court clock.

app.mineraleagle.com/bankruptcy-sale
§363 asset sale live
§363 Court-ordered sale
Chapter 11 debtor
CADDO BASIN OPERATING LLC
Reeves Co · TX S.D. Tex · Ch.11
Owners under sold leases 1,284 tracked
Sale Hearing in 38 days · free and clear

Public court filing — verify before contact.

Owners under the sale · matched to debtor
PERMIAN OAK MINERALS LLC OWNER J. & M. CALLOWAY FAMILY TR. OWNER CH.11 DEBTOR CADDO BASIN OPG CH.11 DEBTOR (OPERATOR)
Graph Ch.11 debtor Tracked owner
One matched §363 asset sale — a court-ordered sale tied to its Chapter 11 debtor-operator, with the owners you track surfaced under the sold leases and the sale hearing attached. Sample data is illustrative.
01 · The distress

An E&P operator in Chapter 11

It starts when an oil & gas operator files for Chapter 11 bankruptcy. That filing is public the day it lands, and it is the deepest form of operator distress — the company is no longer just under a lender’s pressure, it is in court restructuring its debts. Mineral Eagle monitors the E&P bankruptcy docket so the operators you have owners under are on your radar the moment they file.

  • E&P Chapter 11 filings, monitored
  • The deepest tier of operator distress
  • Public the day it is docketed
  • The operators you have owners under
02 · The sale

A court-approved §363 asset sale

Most distressed E&P bankruptcies do not reorganize — they sell. Under Section 363(f) of the Bankruptcy Code, the debtor sells substantially all its producing assets to a named buyer, by court order, “free and clear of liens, claims, and interests.” Mineral Eagle reads the §363 sale motion and order off the docket — including the bid-procedures and sale-hearing dates — so a vague filing becomes a concrete, court-approved transfer of the very acreage you track.

  • The §363 sale motion & order
  • Free and clear of liens, claims & interests
  • Sold to a named buyer by court order
  • A concrete transfer, not just a filing
03 · The owners

Your tracked owners under the sold leases

This is the match that matters. When the assets in a §363 sale are the leases you track, Mineral Eagle joins the debtor-operator to the owners you already follow underneath — so a court-ordered sale surfaces the contactable mineral owners whose leases are about to be handed to a new buyer. You see exactly whose minerals are being moved by the court, free and clear.

  • Debtor joined to your tracked owners
  • Contactable owners under the sold leases
  • Overlap counts on every sale
  • Know whose minerals the court is moving
04 · The timing

A dated court clock — the most concrete handoff

The whole point is the clock, and a §363 sale runs on one the court sets: bid-procedures order → auction → sale order, typically 60 to 90 days. The owners under a debtor whose assets are being sold are at a sharp decision point, and the dates are on the docket, not a press release. The match feeds your lead scoring and digest, so the owners inside a court-ordered sale rise the day the motion is filed — and your letter lands while the window is still open. It is the most concrete asset-side handoff signal we carry: sharper and later than the bankruptcy filing alone.

  • Sale-hearing & bid deadlines off the docket
  • A 60–90 day court clock
  • Feeds lead scoring & the digest
  • The most concrete handoff signal

Section 363 Bankruptcy-Sale Radar, briefly

What is a Section 363 sale?

It is a sale of a bankrupt company’s assets under Section 363(f) of the Bankruptcy Code, approved by the court and made “free and clear of liens, claims, and interests.” For a distressed E&P operator, it is usually how the producing oil & gas assets actually change hands — sold to a named buyer on a court-set schedule rather than reorganized.

How is a §363 sale detected?

Mineral Eagle scans the operator’s Chapter 11 bankruptcy docket — via CourtListener — for the §363 sale motion and order, plus the bid-procedures order and the sale-hearing date. We read it straight off the court record, so the signal is the actual filing, not a commercial teaser.

Why is this sharper than the bankruptcy filing alone?

A Chapter 11 filing tells you an operator is in distress; a §363 sale tells you the specific producing assets are being sold, to a named buyer, on a dated court clock. It fires later than the filing but it is far more concrete — and unlike a commercial A&D auction teaser, it is a court-ordered transfer, free and clear, that is already in motion.

How often does this fire?

Rarely, by design. There are roughly 5 to 20 E&P §363 producer-asset sales in a typical year, and the cadence tracks the oil price — they cluster when prices fall. It is a low-volume, high-signal trigger, not a daily feed.

Will I see every §363 sale?

No — and that is the point. A sale only surfaces when the assets being sold are leases you actually track, with owners in your spine underneath. We match the debtor to your owners first, so what reaches you is a court-ordered sale that overlaps your book — not a docket to read by hand.

For buyers · investors · landmen

Be the offer that arrives before the court hands off the asset.

Bring the operators and counties you work. On a demo we'll show court-approved §363 sales matched to their Chapter 11 debtors — with the owners you track surfaced under the sold leases — so you see who you'd reach and how long the court clock stays open.