---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-107803"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2021-08-19T23:59:59+00:00"
generated_at: "2026-06-29T08:53:45.771608+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intrepid Potash loses most Pecos River water rights; $32.5M contract liability at risk

## Summary
- Court ruled all Pecos River water rights forfeited or abandoned before 2017 except 150 acre-feet/year for salt processing.
- Intrepid relied on Pecos River to deliver water under a sales contract with $32.5M outstanding liability as of June 30, 2021.
- Company states it has sufficient liquidity to satisfy obligation if necessary without material adverse effect; appeal is being considered.
- Caprock and South Ranch water rights unaffected; current mining operations and other sales obligations can be met.

## SEC filing metadata
- accession: 0001104659-21-107803
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2021-08-19T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000110465921107803/0001104659-21-107803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000110465921107803/tm2125490d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-107803
- JSON: https://secwatch.observer/filing/0001104659-21-107803.json
- Plain text: https://secwatch.observer/filing/0001104659-21-107803.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.