Osage Exploration and Development, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Western District of Oklahoma on February 3, 2016. The debtor listed its assets of $11.15 million and liabilities of $39.46 million. The largest unsecured creditors include Sundance Energy Inc., Nabors Drilling USA, LP, Propetro, Manhattan Pipeline LLC, Flint Energy Services Inc., Shebester-Bechtel, Inc., Peak Oilfield Services LLC, Summit ESP, LLC, Acidizing & Cementing and DRI Oilfield Services LLC.

The debtor is represented by Mark A. Craige, John Napier and Michael R Pacewicz of Crowe & Dunlevy as its legal counsel.