Furie files Ch. 11

Furie files Ch. 11

Assets $50 million, debt $450 million; Cook Inlet E&P goes on market. Furie Operating Alaska LLC, headquartered in Anchorage, filed a voluntary petition for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware Aug. 9, listing about $450 million in debt. The company said it plans to sell its assets, which it listed on its petition with an estimated value of less than $50 million, by early January 2020. The company said it had fewer than 49 creditors.

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