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IN RE ENERGY CONTRACTORS, INC.

Bankruptcy No. 84-00427.

49 B.R. 139 (1985)

In re ENERGY CONTRACTORS, INC. (EIN 72-0915477)

United States Bankruptcy Court, M.D. Louisiana.

April 12, 1985.

Attorney(s) appearing for the Case

Whit M. Cook, II, Baton Rouge, La., for Energy Contractors.

Donald Richard, Opelousas, La., for creditors' committee.

Mark D. Sikes, Lafayette, La., for Energy Investments, Inc.

Raymond A. Beyt, Lafayette, La., for Tarpon Oil Co.

Robert L. Ellender, Lafayette, La., for Grace/Glasscock Drilling.

Tim Alexander, Lafayette, La., for Clayton G. Williams, Jr.

OPINION CONCERNING SUMS DUE FROM WELL OPERATORS TO DEBTOR: LIEN VALIDITY/SETOFF/RECOUPMENT

WESLEY W. STEEN, Bankruptcy Judge.

I. FACTS

During its active business life, the Debtor was in the oilfield service business; it prepared drilling sites for the erection of drilling equipment. Among other things, such work might consist of clearing the site of trees, brush, and debris; of leveling the site; of building roads to the site; etc.

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