Proceedings.

1566117 Alberta Ltd. dba Beaut Oilfield Services

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Active
Proceeding
ProposalSection 50 of the Bankruptcy and Insolvency Act
File
24-3194808
Filings held4
Last activity6 Mar 2025
On the record565 days
Secured debt$470K
OverviewSummary updated

1566117 Alberta Ltd., operating as Beaut Oilfield Services, has been in bankruptcy under the Bankruptcy and Insolvency Act since March 5, 2025, in Alberta. The proceeding remains active. The record to date consists of a single entry: a court officer report filed on the commencement date itself. No subsequent filings, orders or reporting have been recorded, and the record identifies no court, judicial centre or procedural stage beyond commencement. Creditors and counsel following the file should treat the March 5, 2025 report as the only documented step in the proceeding so far.

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Case updates4 dated entries
#Report

A court officer report was filed on the date the bankruptcy commenced, and it stands as the only entry on the record for this Alberta proceeding.

Source: Trustee's Preliminary Report

Parties

Debtor

1566117 Alberta Ltd. dba Beaut Oilfield Services

Proposal trustee

EY

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesDeemed trust claim (unremitted source deductions/GST) per Article 9 of the Proposal - Crown priority claim, not a conventional registered security interest. — debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$600KNotice of Proposal - Creditor Package
4SecuredLiquid Capital Exchange Corp · in 3 casesGeneral Security Agreement (GSA) - All Present and After-acquired Property (ALPAP) — debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$470KNotice of Proposal - Creditor Package
4SecuredServus Credit Union Ltd. · in 23 casesGeneral Security Agreement (GSA) - All Present and After-acquired Property (ALPAP) — Trustee's report (original p.31) confirms continued payments to Servus per original security agreement; no compromise to secured creditors. — debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$149KNotice of Proposal - Creditor Package
4SecuredAccord Small Business Finance CorpContracts 108028, 110690 (loan/finance contract numbers) — Trustee's report (original p.31) states the Debtor will continue to make payments to Servus and Accord per the original security agreement; no compromise proposed to secured creditors. — debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$110KNotice of Proposal - Creditor Package
8Unsecured2603579 Alberta Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$149KNotice of Proposal - Creditor Package
8UnsecuredMax Fuel Distributors · in 3 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$100KNotice of Proposal - Creditor Package
8UnsecuredExport Development Canada (CEBA Special Accounts Management / CEBA Call Centre) · in 99 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$60KNotice of Proposal - Creditor Package
8UnsecuredUFA Co-operative Limited · in 8 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$43.7KNotice of Proposal - Creditor Package
8UnsecuredCommunity Futures Grande Prairiedebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$40.7KNotice of Proposal - Creditor Package
8Unsecured1903784 Alberta Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$31.5KNotice of Proposal - Creditor Package
8UnsecuredLanded Eagle Venturesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$28KNotice of Proposal - Creditor Package
8UnsecuredJ&T Mechanical Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$21.2KNotice of Proposal - Creditor Package
8UnsecuredEscape Energy Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$17.6KNotice of Proposal - Creditor Package
8UnsecuredPrime Boiler Services · in 3 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$14.9KNotice of Proposal - Creditor Package
8UnsecuredProtec Mechanical Inc.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$10.8KNotice of Proposal - Creditor Package
8UnsecuredSander Rose Bone Grindle · in 2 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$8.43KNotice of Proposal - Creditor Package
8UnsecuredThe Bank of Nova Scotia · in 110 casesListed without security notation; classified as unsecured on the evidence in this filing. — debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$7.04KNotice of Proposal - Creditor Package
8UnsecuredSecure Energy Services · in 4 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$6.37KNotice of Proposal - Creditor Package
8UnsecuredFountain Tire · in 29 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$5.74KNotice of Proposal - Creditor Package
8UnsecuredKMSC Law LLPdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$3.48KNotice of Proposal - Creditor Package
8UnsecuredScott Safety Supplydebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$3.06KNotice of Proposal - Creditor Package
8UnsecuredNorthern Metallic Sales (GP) Ltd. · in 2 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.99KNotice of Proposal - Creditor Package
8UnsecuredFluid Prodebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.84KNotice of Proposal - Creditor Package
8UnsecuredMrs. Clean It Rightdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.8KNotice of Proposal - Creditor Package
8UnsecuredJC Industriesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.72KNotice of Proposal - Creditor Package
8UnsecuredPVT Energy Groupdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.15KNotice of Proposal - Creditor Package
8UnsecuredCCSIdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$2.03KNotice of Proposal - Creditor Package
8UnsecuredDiverse Drilling Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.98KNotice of Proposal - Creditor Package
8UnsecuredKing's Energy Services Ltd. · in 7 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.55KNotice of Proposal - Creditor Package
8UnsecuredUnified Valvedebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.5KNotice of Proposal - Creditor Package
8UnsecuredAtlas Inspectionsdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.39KNotice of Proposal - Creditor Package
8UnsecuredMesser Grande Prairiedebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.19KNotice of Proposal - Creditor Package
8UnsecuredHarold's Towing & Recovery Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.09KNotice of Proposal - Creditor Package
8UnsecuredPro-West Refrigerationdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$1.08KNotice of Proposal - Creditor Package
8UnsecuredHalo Venturesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$801Notice of Proposal - Creditor Package
8UnsecuredSS Rentals & Repairdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$788Notice of Proposal - Creditor Package
8UnsecuredAbsolute Hydraulics · in 2 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$776Notice of Proposal - Creditor Package
8UnsecuredTNT Tank & Trailer Repairdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$756Notice of Proposal - Creditor Package
8UnsecuredFlynn's Towing & Recoverydebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$714Notice of Proposal - Creditor Package
8UnsecuredAurora Energy Controls Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$611Notice of Proposal - Creditor Package
8Unsecured1773066 Alberta Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$555Notice of Proposal - Creditor Package
8UnsecuredAurora Boiler Corporationdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$488Notice of Proposal - Creditor Package
8UnsecuredTervita Corporation · in 22 casesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$423Notice of Proposal - Creditor Package
8UnsecuredSportswear Plusdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$356Notice of Proposal - Creditor Package
8UnsecuredPriority Chain Link Ltd.debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$297Notice of Proposal - Creditor Package
8UnsecuredPurechem Services / Canadian Energy Servicesdebtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · as of 5 Mar 2025$254Notice of Proposal - Creditor Package
RecoveriesAs stated in the filings

Unsecured creditors: 11 %. CRA paid in full.Under the plan · vote pendingTrustee's Preliminary Report · 5 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCRApaid in full$900KconditionalUnder the planvote pendingper the proposal trusteeTrustee's Preliminary Report · 5 Mar 2025
Securedsecured creditors (Servus and Accord)paid in fullconditionalUnder the planvote pendingper the proposal trusteeTrustee's Preliminary Report · 5 Mar 2025
Unsecured11 %vs. 0 % in a bankruptcyUnder the planvote pendingper the proposal trusteeTrustee's Preliminary Report · 5 Mar 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$971K

per per the Debtor's Statement of Affairs · entity (1566117 Alberta Ltd. dba Beaut Oilfield Services) — as at date of filing the Proposal — Assets total ($970,733.00) is a stated total (AR $469,733.00 + Vehicles & Equipment $501,000.00, per Statement of Affairs). Liabilities were disclosed only as separate stated totals - secured liabilities of $728,856.77 (including the $469,733.00 Liquid Capital receivables) and unsecured liabilities of $1,205,140.47 - not combined into a single total by the document, so total_liabilities left null per reporting rules.

Documents4 filings
DateDocumentFile
Certificate of Filing
  • Commencement date 5 March 2025
  • Court file no 24-3194808
PDF
Notice of Proposal - Creditor Package
  • Secured creditors $600K · Note: Deemed trust claim (unremitted source deductions/GST) per Article 9 of the Proposal - Crown priority claim, not a conventional registered security interest. · Page: 2 · As of: 2025-03-05 · Debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · Creditor: Canada Revenue Agency
  • Unsecured creditors $801 · Page: 3 · As of: 2025-03-05 · Basis: Listed in Form 92 - List of Creditors with claims of $250 or more · Debtor: 1566117 Alberta Ltd. dba Beaut Oilfield Services · Creditor: Halo Ventures
PDF
Division I Proposal
  • Appointee Ernst & Young Inc.
  • Appointee role trustee
  • Court file no 24-
  • Statutory basis Section 50 of the Bankruptcy and Insolvency Act
PDF
Trustee's Preliminary Report
  • Appointee Ernst & Young Inc.
  • Appointee role Proposal Trustee
  • Commencement date 5 March 2025
  • Financial position Assets $971K · as at — · per per the Debtor's Statement of Affairs · entity (1566117 Alberta Ltd. dba Beaut Oilfield Services) — Assets total ($970,733.00) is a stated total (AR $469,733.00 + Vehicles & Equipment $501,000.00, per Statement of Affairs). Liabilities were disclosed only as separate stated totals - secured liabilities of $728,856.77 (including the $469,733.00 Liquid Capital receivables) and unsecured liabilities of $1,205,140.47 - not combined into a single total by the document, so total_liabilities left null per reporting rules.
  • + 3 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1566117 Alberta Ltd. dba Beaut Oilfield Services” (Proposal). Retrieved 20 September 2026, https://proceedings.ca/case/1566117-alberta-ltd-dba-beaut-oilfield-services

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1566117-alberta-ltd-dba-beaut-oilfield-services

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.