Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 202

Declaration Under Penalty of Perjury for Non-Individual Debtors 12/15

An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit this

form for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and any

amendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the document,

and the date. Bankruptcy Rules 1008 and 9011.

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341,

1519, and 3571.

Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or another

individual serving as a representative of the debtor in this case.

I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:

 Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

 Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

 Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

 Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

 Schedule H: Codebtors (Official Form 206H)

 Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)

 Amended Schedule

 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)

 Other document that requires a declaration

I declare under penalty of perjury that the foregoing is true and correct.

Executed on August 28, 2024 X

Signature of individual signing on behalf of debtor

Stewart B. Hoge

Printed name

Authorized Person

Position or relationship to debtor

Official Form 202 Declaration Under Penalty of Perjury for Non-Individual Debtors

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 1 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206Sum

Summary of Assets and Liabilities for Non-Individuals 12/15

Part 1: Summary of Assets

1. Schedule A/B: Assets-Real and Personal Property (Official Form 206A/B)

1a. Real property:

 Copy line 88 from Schedule A/B............................................................................................................................. $ 403,068.86

1b. Total personal property:

 Copy line 91A from Schedule A/B......................................................................................................................... $ 580,993.17

1c. Total of all property:

 Copy line 92 from Schedule A/B........................................................................................................................... $ 984,062.03

Part 2: Summary of Liabilities

2. Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D.................................... $ 0.00

3. Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

3a. Total claim amounts of priority unsecured claims:

 Copy the total claims from Part 1 from line 5a of Schedule E/F.......................................................................... $ 0.00

3b. Total amount of claims of nonpriority amount of unsecured claims:

 Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F................................................ +$ 0.00

4. Total liabilities .......................................................................................................................................................

Lines 2 + 3a + 3b $ 0.00

Official Form 206Sum Summary of Assets and Liabilities for Non-Individuals page 1

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 2 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206A/B

Schedule A/B: Assets - Real and Personal Property 12/15

Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest.

Include all property in which the debtor holds rights and powers exercisable for the debtor's own benefit. Also include assets and properties

which have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contracts

or unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G).

Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, write

the debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If an

additional sheet is attached, include the amounts from the attachment in the total for the pertinent part.

For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a fixed asset

schedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing the

debtor’s interest, do not deduct the value of secured claims. See the instructions to understand the terms used in this form.

Part 1: Cash and cash equivalents

1. Does the debtor have any cash or cash equivalents?

 No. Go to Part 2.

 Yes Fill in the information below.

All cash or cash equivalents owned or controlled by the debtor Current value of

debtor's interest

3. Checking, savings, money market, or financial brokerage accounts (Identify all)

Name of institution (bank or brokerage firm) Type of account Last 4 digits of account

number

3.1. Bank of Texas Business 6227 $180,993.17

4. Other cash equivalents (Identify all)

5. Total of Part 1. $180,993.17

Add lines 2 through 4 (including amounts on any additional sheets). Copy the total to line 80.

Part 2: Deposits and Prepayments

6. Does the debtor have any deposits or prepayments?

 No. Go to Part 3.

 Yes Fill in the information below.

Part 3: Accounts receivable

10. Does the debtor have any accounts receivable?

 No. Go to Part 4.

 Yes Fill in the information below.

Part 4: Investments

13. Does the debtor own any investments?

 No. Go to Part 5.

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 1

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 3 of 12
Debtor BLUE DUCK ENERGY, LTD. Case number (If known) 24-20224-rlj11

Name

 Yes Fill in the information below.

Valuation method used

for current value

Current value of

debtor's interest

14. Mutual funds or publicly traded stocks not included in Part 1

Name of fund or stock:

15. Non-publicly traded stock and interests in incorporated and unincorporated businesses, including any interest in an LLC,

partnership, or joint venture

Name of entity: % of ownership

15.1. Blue Duck Energy MVR, LLC 100 % Purchase Price Unknown

16. Government bonds, corporate bonds, and other negotiable and non-negotiable instruments not included in Part 1

Describe:

17. Total of Part 4. $0.00

Add lines 14 through 16. Copy the total to line 83.

Part 5: Inventory, excluding agriculture assets

18. Does the debtor own any inventory (excluding agriculture assets)?

 No. Go to Part 6.

 Yes Fill in the information below.

Part 6: Farming and fishing-related assets (other than titled motor vehicles and land)

27. Does the debtor own or lease any farming and fishing-related assets (other than titled motor vehicles and land)?

 No. Go to Part 7.

 Yes Fill in the information below.

Part 7: Office furniture, fixtures, and equipment; and collectibles

38. Does the debtor own or lease any office furniture, fixtures, equipment, or collectibles?

 No. Go to Part 8.

 Yes Fill in the information below.

Part 8: Machinery, equipment, and vehicles

46. Does the debtor own or lease any machinery, equipment, or vehicles?

 No. Go to Part 9.

 Yes Fill in the information below.

Part 9: Real property

54. Does the debtor own or lease any real property?

 No. Go to Part 10.

 Yes Fill in the information below.

55. Any building, other improved real estate, or land which the debtor owns or in which the debtor has an interest

Description and location of

property

Include street address or other

description such as Assessor

Parcel Number (APN), and type

Nature and

extent of

debtor's interest

in property

Net book value of

debtor's interest

(Where available)

Valuation method used

for current value

Current value of

debtor's interest

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 2

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 4 of 12
Debtor BLUE DUCK ENERGY, LTD. Case number (If known) 24-20224-rlj11

Name

of property (for example,

acreage, factory, warehouse,

apartment or office building, if

available.

55.1. Minority Working

Interest in oil and gas

field in California

known as the THUMS

Unit $0.00 Purchase Price $403,068.86

56. Total of Part 9. $403,068.86

Add the current value on lines 55.1 through 55.6 and entries from any additional sheets.

Copy the total to line 88.

57. Is a depreciation schedule available for any of the property listed in Part 9?

 No

 Yes

58. Has any of the property listed in Part 9 been appraised by a professional within the last year?

 No

 Yes

Part 10: Intangibles and intellectual property

59. Does the debtor have any interests in intangibles or intellectual property?

 No. Go to Part 11.

 Yes Fill in the information below.

Part 11: All other assets

70. Does the debtor own any other assets that have not yet been reported on this form?

Include all interests in executory contracts and unexpired leases not previously reported on this form.

 No. Go to Part 12.

 Yes Fill in the information below.

Current value of

debtor's interest

71. Notes receivable

Description (include name of obligor)

Loan to Blue Duck Energy MVR, LLC

originated 4.12.2024. Proceeds from

loan were used by Blue Duck Energy

MVR, LLC to pay outstanding joint

operating expenses for the wells in

Roberts County, Texas

400,000.00 - 0.00 =

$400,000.00

Total face amount doubtful or uncollectible amount

72. Tax refunds and unused net operating losses (NOLs)

Description (for example, federal, state, local)

73. Interests in insurance policies or annuities

74. Causes of action against third parties (whether or not a lawsuit

has been filed)

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 3

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 5 of 12
Debtor BLUE DUCK ENERGY, LTD. Case number (If known) 24-20224-rlj11

Name

Potential cause of action against JetTexas Oil, LLC Unknown

Nature of claim Breach of duty to

partnership/vexatious litigation

Amount requested $0.00

Potential cause of action against Garrett Johnson Unknown

Nature of claim Breach of duty to

partnership/vexatious litigation

Amount requested $0.00

75. Other contingent and unliquidated claims or causes of action of

every nature, including counterclaims of the debtor and rights to

set off claims

76. Trusts, equitable or future interests in property

77. Other property of any kind not already listed Examples: Season tickets,

country club membership

78. Total of Part 11. $400,000.00

Add lines 71 through 77. Copy the total to line 90.

79. Has any of the property listed in Part 11 been appraised by a professional within the last year?

 No

 Yes

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 4

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 6 of 12
Debtor BLUE DUCK ENERGY, LTD. Case number (If known) 24-20224-rlj11

Name

Part 12: Summary

In Part 12 copy all of the totals from the earlier parts of the form

Type of property Current value of

personal property

Current value of real

property

80. Cash, cash equivalents, and financial assets.

Copy line 5, Part 1 $180,993.17

81. Deposits and prepayments. Copy line 9, Part 2. $0.00

82. Accounts receivable. Copy line 12, Part 3. $0.00

83. Investments. Copy line 17, Part 4. $0.00

84. Inventory. Copy line 23, Part 5. $0.00

85. Farming and fishing-related assets. Copy line 33, Part 6. $0.00

86. Office furniture, fixtures, and equipment; and collectibles.

Copy line 43, Part 7. $0.00

87. Machinery, equipment, and vehicles. Copy line 51, Part 8. $0.00

88. Real property. Copy line 56, Part 9.........................................................................................> $403,068.86

89. Intangibles and intellectual property. Copy line 66, Part 10. $0.00

90. All other assets. Copy line 78, Part 11. + $400,000.00

91. Total. Add lines 80 through 90 for each column $580,993.17 + 91b. $403,068.86

92. Total of all property on Schedule A/B. Add lines 91a+91b=92 $984,062.03

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 5

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 7 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206D

Schedule D: Creditors Who Have Claims Secured by Property 12/15

Be as complete and accurate as possible.

1. Do any creditors have claims secured by debtor's property?

 No. Check this box and submit page 1 of this form to the court with debtor's other schedules. Debtor has nothing else to report on this form.

 Yes. Fill in all of the information below.

Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property page 1 of 1

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 8 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206E/F

Schedule E/F: Creditors Who Have Unsecured Claims 12/15

Be as complete and accurate as possible. Use Part 1 for creditors with PRIORITY unsecured claims and Part 2 for creditors with NONPRIORITY unsecured claims.

List the other party to any executory contracts or unexpired leases that could result in a claim. Also list executory contracts on Schedule A/B: Assets - Real and

Personal Property (Official Form 206A/B) and on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G). Number the entries in Parts 1 and

2 in the boxes on the left. If more space is needed for Part 1 or Part 2, fill out and attach the Additional Page of that Part included in this form.

Part 1: List All Creditors with PRIORITY Unsecured Claims

1. Do any creditors have priority unsecured claims? (See 11 U.S.C. § 507).

 No. Go to Part 2.

 Yes. Go to line 2.

Part 2: List All Creditors with NONPRIORITY Unsecured Claims

3. List in alphabetical order all of the creditors with nonpriority unsecured claims. If the debtor has more than 6 creditors with nonpriority unsecured claims, fill

out and attach the Additional Page of Part 2.

Amount of claim

3.1 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

California Resources Corporation

900 Old River Road

Bakersfield, CA 93311

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: Contingent plugging and abandonment liability; Blue 

Duck GP, LLC, CRC Owner No. 036814 

Is the claim subject to offset?  No  Yes

3.2 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Garrett Johnson

Jose Portela of Beckham Portela

3400 Carlisle St.

Suite 550

Dallas, TX 75204

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: Lawsuit 

Is the claim subject to offset?  No  Yes

3.3 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

JETTEXAS OIL, LLC

Jose Portela of Beckham Portela

3400 Carlisle St.

Ste 550

Dallas, TX 75204

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: Lawsuit 

Is the claim subject to offset?  No  Yes

3.4 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Texas Comptroller of Public Accounts

Bankruptcy & Collection Division MC 008

P.O. Box 12548

Austin, TX 78711-2548

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206E/F Schedule E/F: Creditors Who Have Unsecured Claims page 1 of 2

 53696

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 9 of 12
Debtor BLUE DUCK ENERGY, LTD. Case number (if known) 24-20224-rlj11 Name

Part 3: List Others to Be Notified About Unsecured Claims

4. List in alphabetical order any others who must be notified for claims listed in Parts 1 and 2. Examples of entities that may be listed are collection agencies,

assignees of claims listed above, and attorneys for unsecured creditors.

If no others need to be notified for the debts listed in Parts 1 and 2, do not fill out or submit this page. If additional pages are needed, copy the next page.

Name and mailing address On which line in Part1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if

any

Part 4: Total Amounts of the Priority and Nonpriority Unsecured Claims

5. Add the amounts of priority and nonpriority unsecured claims.

Total of claim amounts

5a. Total claims from Part 1 5a. $ 0.00

5b. Total claims from Part 2 5b. + $ 0.00

5c. Total of Parts 1 and 2

 Lines 5a + 5b = 5c. 5c. $ 0.00

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 2 of 2

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 10 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206G

Schedule G: Executory Contracts and Unexpired Leases 12/15

Be as complete and accurate as possible. If more space is needed, copy and attach the additional page, number the entries consecutively.

1. Does the debtor have any executory contracts or unexpired leases?

 No. Check this box and file this form with the debtor's other schedules. There is nothing else to report on this form.

 Yes. Fill in all of the information below even if the contacts of leases are listed on Schedule A/B: Assets - Real and Personal Property

(Official Form 206A/B).

2. List all contracts and unexpired leases State the name and mailing address for all other parties with

whom the debtor has an executory contract or unexpired

lease

2.1 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.2 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.3 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.4 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

Official Form 206G Schedule G: Executory Contracts and Unexpired Leases Page 1 of 1

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

Document Page 11 of 12
Fill in this information to identify the case:

Debtor name BLUE DUCK ENERGY, LTD.

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-20224-rlj11

 Check if this is an

amended filing

Official Form 206H

Schedule H: Your Codebtors 12/15

Be as complete and accurate as possible. If more space is needed, copy the Additional Page, numbering the entries consecutively. Attach the

Additional Page to this page.

1. Do you have any codebtors?

 No. Check this box and submit this form to the court with the debtor's other schedules. Nothing else needs to be reported on this form.

 Yes

2. In Column 1, list as codebtors all of the people or entities who are also liable for any debts listed by the debtor in the schedules of

creditors, Schedules D-G. Include all guarantors and co-obligors. In Column 2, identify the creditor to whom the debt is owed and each schedule

on which the creditor is listed. If the codebtor is liable on a debt to more than one creditor, list each creditor separately in Column 2.

Column 1: Codebtor Column 2: Creditor

Name Mailing Address Name Check all schedules

that apply:

2.1 Multiple

co-defendants in

litigation

CAUSE NO. DC-23-06044 ( 192nd Judicial

District, Dallas County)

JettTexas Oil, LLC  D 

 E/F 

 G 

2.2 Multiple

co-defendants in

litigation

CAUSE NO. DC-23-06044 ( 192nd Judicial

District, Dallas County)

Garrett Johnson  D 

 E/F 

 G 

Official Form 206H Schedule H: Your Codebtors Page 1 of 1

 

Case 24-20224-rlj11 Doc 28 Filed 08/28/24 Entered 08/28/24 16:06:28 Desc Main

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