Proceedings.

Advanced Completions Technology Services Ltd.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
25-3304657
Filings held1
Last activity28 Nov 2025
On the record297 days
OverviewSummary updated

Advanced Completions Technology Services Ltd. is in insolvency proceedings, with a Statement of Affairs as at November 28, 2025 reporting total assets of $50,099.84 against total liabilities of $4,983,050.91, a deficiency of $4,932,951.07. The statement lists no secured, preferred, or contingent/trust claims. Unsecured claims include Petrodoctor International Ltd. at $4,932,019.26 on promissory notes, Field LLP - Calgary at $37,449.18 for litigation costs and awards, Specialty Wire & Cable Inc. at $10,000.00 for rent, Telus Residential/Business Services at $3,213.00, Enmax at $367.47, and nominal $1.00 claims from John Sobolewski and 1735349 Alberta Ltd.

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Case updates1 dated entry
Parties

Debtor

Advanced Completions Technology Services Ltd.

Trustee in bankruptcy

Hudson & Company Insolvency Trustees

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredPetrodoctor International Ltd.Promissory notes — debtor: Advanced Completions Technology Services Ltd. · as of 28 Nov 2025$4.93MCreditor Package

6 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents1 filing
DateDocumentFile
Creditor Package
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role trustee
  • Commencement date 28 November 2025
  • Court file no 25-3304657
  • + 6 more extracted facts
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CiteProceedings., “Advanced Completions Technology Services Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/advanced-completions-technology-services-ltd

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/advanced-completions-technology-services-ltd

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.