Dueling KLU buyers

Order authorizes Furie to enter into sale agreement; HEX counteroffers. Judge Laurie Selber Silverstein has signed an order authorizing Furie Operating Alaska LLC to enter into an acquisition by foreclosure agreement with a new buyer: Kachemak Exploration LLC, a Delaware corporation recently formed by John Upton’s GFR Holdings of Fort Worth, Texas, and Melody Capital Partners L.P., represented by Melody executive Blake Yaralian.

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