Proceedings.

AlphaBow Energy Ltd.

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Active
Proceeding
CCAACCAA
Court
Court of King's Bench of Alberta
File
2401-05179
Industry
Energy · Oil & gas production
Filings held125
Last activity25 Aug 2026
On the record923 days
OverviewSummary updated

AlphaBow Energy Ltd. has been under CCAA protection in the Court of King's Bench of Alberta since April 26, 2024, when an initial order was pronounced on the company's own application in court file 2401-05179. The proceedings remain active. A preliminary list of creditors as at March 27, 2024, submitted by AlphaBow in the matter of its notice of intention to file a proposal, put the total due to listed creditors at $73,439,115.01. The largest entries include Flagstaff County at $4,195,506.81, Davonian Services Ltd. at $3,977,253.35, Tallahassee Exploration Inc. at $2,228,582.28, Canlin Resources Partnership at $2,066,786.04, Wills Land & Cattle Co. Ltd. at $1,908,694.00 and Kikino Metis Settlement at $1,844,706.23, alongside Alberta municipalities, farm and ranch operators, oilfield service firms and individual landowners. The Alberta Energy Regulator is listed at $533,157.22.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Claims Process Order dated September 20, 2024 dated 20 September 2024.

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Case updates125 dated entries
#Report

The officer filed report no. Fourteenth Report. Following the resignation of its sole officer and withdrawal of counsel, Alphabow has no management, employees, or legal representation, and its email systems are inoperative; the Monitor is now investigating an alleged misappropriation of company funds while seeking enhanced powers to continue the proceedings.

Source: Fourteenth Report of the Monitor dated June 24, 2026

#Sale

The court granted an approval and vesting order for the sale to Response Energy Corporation. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of Transaction, subject to Energy Regulator approval of license transfers.

Source: Sales Approval Vesting Order dated February 25, 2025

AnalysisAll insights⁠

Case update

AlphaBow: the monitor's questions wait for the Court of Appeal

On August 14 the Court of Appeal gave AlphaBow's former director permission to appeal the orders letting the monitor compel his records and examine him under oath while police investigate, and stayed those powers as against him. The monitor now asks for a stay to December 31, with about $1,312,000 in trust and the company's liability insurance due to lapse on September 1.

Case update

AlphaBow: the monitor asked the bank

A sale failed to close in June because the company did not post a $9,053,918 security deposit with the regulator. Its counsel withdrew, its only officer resigned, and nobody answered. So the monitor went directly to BMO — and found $4,076.87 in an account that its own reporting had shown holding about $9 million.

Parties

Debtor

AlphaBow Energy Ltd.

Monitor

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BourqueCourt of King's Bench of Alberta9 orders, Aug 2024 – Sep 202539 cases on record
Justice LemaCourt of King's Bench of Alberta6 orders, Apr 2024 – Feb 202546 cases on record
Justice BurnsCourt of King's Bench of Alberta6 orders, Nov 2024 – Feb 202559 cases on record
Justice JeffreyCourt of King's Bench of Alberta5 orders, Dec 2024 – Jan 20251 case on record
Justice JeffreyCourt of King's Bench of Alberta4 orders, Dec 202451 cases on record
Justice NeilsonCourt of King's Bench of Alberta4 orders, Sep 202463 cases on record
3 more judges on the docket

Counsel of record

PartyCounselFirst seenSource
MonitorKSVCassels Brock & Blackwell LLP29 Jun 2026Service list · 29 Jun 2026
MonitorKSV Restructuring IncCassels Brock & Blackwell LLP27 Sep 2024Order · 27 Sep 2024
DebtorAlphaBow Energy Ltd.Cassels Brock & Blackwell LLP · Bennett Jones LLP27 Sep 2024Factum · 31 Oct 2024
Creditor24/7 Compression LtdWarren Sinclair LLP29 Jun 2026Service list · 29 Jun 2026
Creditor2628069 Alberta Ltd. and 2628071 Alberta LtdBlue Rock Law LLP · Tingle Merrett LLP29 Jun 2026Service list · 29 Jun 2026
CreditorAdvance Drilling LtdDentons Canada LLP31 Oct 2024Factum · 31 Oct 2024
CreditorAlberta Tubular Products LtdCourtney Kachur, Rose LLP29 Jun 2026Service list · 29 Jun 2026
CreditorBearspaw Petroleum LtdCode Hunter LLP29 Jun 2026Service list · 29 Jun 2026
CreditorCanadian Natural Resources LimitedOsler, Hoskin & Harcourt LLP29 Jun 2026Service list · 29 Jun 2026
CreditorCrbon Labs IncDentons Canada LLP29 Jun 2026Service list · 29 Jun 2026
CreditorDirect Energy Marketing LimitedFasken Martineau DuMoulin LLP29 Jun 2026Service list · 29 Jun 2026
CreditorFlagstaff Country, Ponka County, Lamont County, Stettler County, Starland County, County of Warner No. 5, Municipal District of ProvostBrownlee LLP29 Jun 2026Service list · 29 Jun 2026
CreditorHutterian Brethren of FerrybankKMSC Law LLP29 Jun 2026Service list · 29 Jun 2026
CreditorInterestedMLT Aikins LLP29 Jun 2026Service list · 29 Jun 2026
CreditorMEGlobal Canada ULCDLA Piper (Canada) LLP29 Jun 2026Service list · 29 Jun 2026
CreditorNova Chemicals CorporationOsler, Hoskin & Harcourt LLP29 Jun 2026Service list · 29 Jun 2026
CreditorOrphan Well AssociationMLT Aikins LLP29 Jun 2026Service list · 29 Jun 2026
CreditorPrairie Provident Resources Canada LtdCarscallen Leitch LLP29 Jun 2026Service list · 29 Jun 2026
CreditorPricewaterhouseCoopers IncFasken Martineau DuMoulin LLP29 Jun 2026Service list · 29 Jun 2026
CreditorRed Deer CountyReynolds Mirth Richards & Farmer LLP29 Jun 2026Service list · 29 Jun 2026
CreditorStrathcona Resources LtdBlake, Cassels & Graydon LLP · McCarthy Tétrault LLP29 Jun 2026Service list · 29 Jun 2026
CreditorTeam Snubbing Services IncWarren Sinclair LLP29 Jun 2026Service list · 29 Jun 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredFLAGSTAFF COUNTY BOX 358 SEDGEWICK AB Canada T0B 4C0debtor: AlphaBow Energy Ltd. · as of 27 Mar 2024$4.2MList of Creditors as at March 27, 2024
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

2,313 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

30 transactions · 21 closed · 7 not completed · 1 proposed · 1 approved — SISP has resulted in numerous approved transactions; two Remaining Transactions not yet closed, with possibility remaining assets go to OWA for orphaningFifteenth Report of the Monitor dated August 20, 2026 · 20 Aug 2026

Letters of intent

75

Third Report of the Monitor dated September 13, 2024

Qualified bids

44

Third Report of the Monitor dated September 13, 2024

Bid deadline

4 July 2024

SISP Teaser

PurchaserPriceStatusSource
Cenovus Energy Inc.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 4 Sep 2024not statedClosed2 Oct 2024Fifteenth Report of the Monitor dated August…
Culloden Resources Ltd. and Rayberg Holdings Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 20 Oct 2024SealedClosed12 Nov 2024Fifth Report of the Monitor dated November 19,…
Durham Creek Energy Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 20 Oct 2024SealedClosed13 Nov 2024Fifth Report of the Monitor dated November 19,…
Resistance Energy Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 20 Oct 2024SealedClosed25 Nov 2024Sixth Report of the Monitor dated December 13,…
2505108 AB Ltd. and Tians Oil Ltd.the 250 and Tians Transaction · asset sale · agreement 20 Oct 2024SealedNot completeddate not statedFourth Report of the Monitor dated October 29,…
Crbon Labs Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 12 Nov 2024SealedNot completeddate not statedEighth Report of the Monitor filed February 21,…
Ember Resources Inc.AlphaBow's right, title and interest in and to the Purchased Assets · asset sale · agreement 11 Nov 2024SealedClosedSales Approval and Vesting Order dated November…
HWN Energy Ltd.the Purchased Assets · asset sale · agreement 12 Nov 2024not statedClosedSales Approval and Vesting Order dated November…
Power Serv Engine & Compressor Repair (Med Hat) Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 29 Oct 2024SealedClosedSales Approval and Vesting Order dated November…
Tykewest Limitedthe assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 12 Nov 2024SealedClosedSales Approval and Vesting Order dated November…
unnamedEmbernot statedCloseddate not statedSixth Report of the Monitor dated December 13,…
unnamedTykewestnot statedCloseddate not statedSixth Report of the Monitor dated December 13,…
unnamedPowerServnot statedCloseddate not statedSixth Report of the Monitor dated December 13,…
unnamedHWNnot statedCloseddate not statedSixth Report of the Monitor dated December 13,…
2628071 Alberta Ltd.the Transferred Assets and issuance of the Purchased Shares · share sale · ResidualCo: AlphaBow Residual Trust · agreement 16 Dec 2024not statedProposed19 Dec 2024Transaction Approval and Reverse Vesting Order…
North 40 Resources Ltd.AlphaBow's right, title and interest in and to the Purchased Assets set out in Schedule "A" · asset sale · agreement 18 Nov 2024not statedClosed14 Jan 2025Seventh Report of the Monitor filed January 30,…
PointBreak Resources Inc.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 29 Nov 2024not statedClosed9 Jan 2025Seventh Report of the Monitor filed January 30,…
Rockeast Energy Corp.all of AlphaBow's right, title and interest in and to the Purchased Assets · asset sale · agreement 12 Dec 2024not statedClosed29 Jan 2025Seventh Report of the Monitor filed January 30,…
Warwick Gas Storage LPthe assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · nominee/assignee: its nominee · agreement 9 Dec 2024not statedClosed17 Jan 2025Seventh Report of the Monitor filed January 30,…
2628069 Alberta Ltd.the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 9 Dec 2024not statedNot completedSales Approval Vesting Order January 2, 2025 -…
Signalta Resources Limitedassets under purchase and sale agreement dated December 9, 2024 · asset sale · agreement 9 Dec 2024not statedClosed15 Jan 2025Seventh Report of the Monitor filed January 30,…
Response Energy Corporationthe assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · agreement 14 Feb 2025not statedCloseddate not statedNinth Report of the Monitor filed May 2, 2025
071 ABthe transaction (the ' Corporate Transaction ') for the transfer of all the common shares of Alphabow to 071 AB · share sale · agreement 16 Dec 2024not statedNot completeddate not statedNinth Report of the Monitor filed May 2, 2025
2628071 Alberta Ltd.100 Common Shares subscribed for by the Purchaser and sold by the Company · asset sale · agreement 9 Dec 2024SubscribersNot completedNinth Report of the Monitor filed May 2, 2025
2661707 Alberta Ltd.a transaction pursuant to a purchase and sale agreement between Alphabow and 2661707 Alberta Ltd. · asset sale · agreement 18 Feb 2025not statedApprovedNinth Report of the Monitor filed May 2, 2025
Bench CreekDecember 19th Transactions · asset salenot statedCloseddate not statedSeventh Report of the Monitor filed January 30,…
unnamedNovember 21st Transactions (except Crbon)not statedCloseddate not statedSeventh Report of the Monitor filed January 30,…
Resurgentthe transfer of all the common shares of Alphabow to Resurgent · share sale · agreement 16 Dec 2024not statedNot completeddate not statedFourteenth Report of the Monitor dated June 24,…
Cascade Capture Ltd.the sale transaction · asset sale · agreement 15 Apr 2024not statedNot completed5 Jun 2026Fifteenth Report of the Monitor dated August…
unnamedNovember 4th Transactionsnot statedCloseddate not statedSeventh Report of the Monitor filed January 30,…
AdvisorsSayer Energy Advisors (financial advisor); STROM Futures (sale agent)Seventh Report of the Monitor filed January 30, 2025
Closing termsVesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of Transaction, subject to Energy Regulator approval of license transfersSales Approval Vesting Order dated February 25, 2025
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: AlixPartners Restructuring, Inc., to 30 Jun 2026, soughtFifteenth Report of the Monitor · 20 Aug 2026

FirmPeriodHoursFeesRatesSource
AlixPartners Restructuring, Inc.Proposal trusteeto 30 Jun 2026Sought—not statedFifteenth Report of the Monitor · 20 Aug 2026
Cassels Brock & Blackwell LLPCounsel to the monitorto 30 Jun 2026Sought—not statedFifteenth Report of the Monitor · 20 Aug 2026

2 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

Cumulative receipts

$3.65M

As at 24 Jun 2026Fourteenth Report of the Monitor dated June 24, 2026

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
125 filings
DateDocumentFile
Stay Extension Order filed August 25, 2026
  • Presiding officer Justice Feasby
PDF · Subscribers
Application dated August 20, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Fifteenth Report of the Monitor dated August 20, 2026
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · date not stated; Did not complete · 5 Jun 2026 · Cascade
  • Purchaser Resurgent · the Resurgent Transaction · share sale · not completed; Cascade · the Cascade Transaction · asset sale · not completed
  • Fee schedule · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Order for Enhancement of Monitor's Powers and Stay Extension filed July 2, 2026
  • Presiding officer Justice Kuntz
PDF · Subscribers
Service List as at June 29, 2026
  • Counsel Carscallen LLP
PDF · Subscribers
Order for enhancement of Monitor's Powers and Stay Extension fdated June 26, 2026
  • Presiding officer Justice Kuntz
PDF · Subscribers
Fourteenth Report of the Monitor dated June 24, 2026
  • Closing confirmed Did not complete · date not stated · Resurgent; Did not complete · Cascade
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Application submitted June 22, 2026PDF · Subscribers
Notice of Withdrawl of Lawyer of Record filed June 12, 2026PDF · Subscribers
Order filed April 11, 2026
  • Presiding officer Justice M. A. Marion
PDF · Subscribers
Thirteenth Report of the Monitor filed March 26, 2026PDF · Subscribers
Application (Stay Extension) filed March 23, 2026PDF · Subscribers
Thirteenth Affidavit of Ben Li Sworn March 23, 2026PDF · Subscribers
Application for Leave to Appeal dated February 9, 2026PDF · Subscribers
Twelfth Report of the Monitor filed January 15, 2026PDF · Subscribers
Application for Leave to Appeal filed November 19, 2025PDF · Subscribers
Compendium of Evidence filed November 19, 2025PDF · Subscribers
Memorandum for Leave to Appeal filed November 19, 2025
  • Counsel Bennett Jones LLP
PDF · Subscribers
Proposed form of Order (Lift Stay of Proceedings)PDF · Subscribers
Alphabow Brief filed November 6, 2025
  • Counsel Bennett Jones LLP
PDF · Subscribers
Affidavit of Ameena Quazi sworn November 3, 2025PDF · Subscribers
Application filed November 3, 2025PDF · Subscribers
Bench Brief with Authorities filed November 3, 2025PDF · Subscribers
Stay Extension Order dated September 23, 2025
  • Presiding officer Justice M. H. Bourgue
PDF · Subscribers
AlphaBow Brief with Authorities dated September 22, 2025PDF · Subscribers
Eleventh Report of the Monitor filed September 18, 2025PDF · Subscribers
Affidavit of Ben Li sworn September 15, 2025PDF · Subscribers
Consent Order dated August 13, 2025
  • Presiding officer Associate Judge L.A. Mattis
PDF · Subscribers
Response Brief of MEGlobal Canada ULC filed August 6, 2025PDF · Subscribers
Affidavit of Rocco Schurink sworn August 5, 2025PDF · Subscribers
Amending Order dated July 7, 2025
  • Presiding officer Justice R. W. Armstrong
PDF · Subscribers
Tenth Report of the Monitor filed June 19, 2025PDF · Subscribers
AlphaBow Application dated June 17, 2025PDF · Subscribers
Brief of Argument of Alphabow dated June 17, 2025PDF · Subscribers
Order (Stay Extension) dated May 8, 2025
  • Presiding officer Justice C. Feasby
PDF · Subscribers
Ninth Report of the Monitor filed May 2, 2025
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · date not stated; Closed · date not stated; Did not complete · date not stated · Crbon Labs Inc.; Closed · date not stated; Closed · date not stated · Response Energy Corporation; Did not complete · date not stated · 071 AB
  • Purchaser Cascade Capture Ltd. · the sale transaction · asset sale · closed; Cenovus Energy Inc. · a sale transaction · asset sale · closed; Culloden Resources Ltd. and Rayberg Holding Ltd. · the November 4th Transactions · asset sale · closed; Durham Creek Energy Ltd. · the November 4th Transactions · asset sale · closed; 2505108 AB Ltd. and Tians Oil Ltd. · the November 4th Transactions · asset sale · closed; Resistance Energy Ltd. · the November 4th Transactions · asset sale · closed; Power Serv Engine & Compressor Repair (Med Hat) Ltd. · the November 21st Transactions · asset sale · closed; Ember Resources Inc. · the November 21st Transactions · asset sale · closed; Tykewest Limited · the November 21st Transactions · asset sale · closed; Crbon Labs Inc. · the November 21st Transactions · asset sale · not completed; HWN Energy Ltd. · the November 21st Transactions · asset sale · closed; North 40 Resources Ltd. · the December 19th Transactions · asset sale · closed; Rockeast Energy Corp. · the December 19th Transactions · asset sale · closed; PointBreak Resources Inc. · the December 19th Transactions · asset sale · closed; Warwick Gas Storage Ltd. · the December 19th Transactions · asset sale · closed; Signalta Resources Limited · the December 19th Transactions · asset sale · closed; 2628071 Alberta Ltd. · the December 19th Transactions · asset sale · not completed; 2628069 Alberta Ltd. · the December 19th Transactions · asset sale · not completed; 071 AB · the transfer of all the common shares of Alphabow · share sale · not completed; 2661707 Alberta Ltd. · the 266 Alberta Transaction · asset sale · approved; Response Energy Corporation · the Response Transaction · asset sale · closed
  • Sale advisor Sayer Energy Advisors (financial advisor)
  • Sale outcome Liquidation in progress — SISP has resulted in multiple transactions approved by the Court; most closed; Corporate Transaction remains outstanding
  • + 1 more extracted fact
PDF · Subscribers
Affidavit of Ben Li sworn April 28, 2025PDF · Subscribers
Stay Extension Application dated April 28, 2025PDF · Subscribers
Order dated February 25, 2025
  • Presiding officer Justice M.J. Lema
PDF · Subscribers
Sales Approval Vesting Order dated February 25, 2025
  • Closing terms Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of Transaction, subject to Energy Regulator approval of license transfers
  • Order date 25 February 2025
  • Presiding officer Justice M.J. Lema
  • Purchaser Response Energy Corporation · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval and Vesting Order dated February 25, 2025PDF · Subscribers
Eighth Report of the Monitor filed February 21, 2025
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · date not stated; Closed · date not stated; Did not complete · date not stated · Crbon Labs Inc.; Closed · date not stated
  • Purchaser Cascade Capture Ltd. · the Cascade Transaction · asset sale · closed; Cenovus Energy Inc. · the Cenovus Transaction · asset sale · closed; Culloden Resources Ltd. and Rayberg Holding Ltd. · November 4th Transactions · asset sale · closed; Durham Creek Energy Ltd. · November 4th Transactions · asset sale · closed; 2505108 AB Ltd. and Tians Oil Ltd. · November 4th Transactions · asset sale · closed; Resistance Energy Ltd. · November 4th Transactions · asset sale · closed; Power Serv Engine & Compressor Repair (Med Hat) Ltd. · November 21st Transactions · asset sale · closed; Ember Resources Inc. · November 21st Transactions · asset sale · closed; Tykewest Limited · November 21st Transactions · asset sale · closed; HWN Energy Ltd. · November 21st Transactions · asset sale · closed; Crbon Labs Inc. · November 21st Transactions · asset sale · not completed; North 40 Resources Ltd. · December 19th Transactions · asset sale · closed; Rockeast Energy Corp. · December 19th Transactions · asset sale · closed; PointBreak Resources Inc. · December 19th Transactions · asset sale · closed; Warwick Gas Storage Ltd. · December 19th Transactions · asset sale · closed; Signalta Resources Limited · December 19th Transactions · asset sale · closed; 2628071 Alberta Ltd. · December 19th Transactions · asset sale · not completed; 2628069 Alberta Ltd. · December 19th Transactions · asset sale · not completed; 071 AB · the transaction (the ' Corporate Transaction ') for the transfer of all the common shares of Alphabow to 071 AB · share sale · approved; 2661707 Alberta Ltd. · a transaction pursuant to a purchase and sale agreement between Alphabow and 2661707 Alberta Ltd. · asset sale · proposed; Response Energy Corp · Various land and mineral properties detailed in Schedule A of the Response Purchase and Sale Agreement · asset sale · proposed
  • Sale advisor Sayer Energy Advisors (financial advisor)
  • Sale outcome Approval pending — SISP culminated in several closed transactions with several remaining, including the pending Corporate Transaction and the proposed February 25th Transactions
  • + 1 more extracted fact
PDF · Subscribers
Supplemental Affidavit of Ben Li Sworn February 20, 2025PDF · Subscribers
Application Sales Approval and Assignment dated February 18, 2025PDF · Subscribers
Ninth Affidavit of Ben Li sworn February 18, 2025PDF · Subscribers
Brief of Argument of Alphabow Energy Ltd. dated February 4, 2025
  • Counsel Bennett Jones LLP
PDF · Subscribers
Stay Extension Application dated February 4, 2025PDF · Subscribers
Stay Extension Order dated February 4, 2025
  • Presiding officer Justice M. E. Burns
PDF · Subscribers
Seventh Report of the Monitor filed January 30, 2025
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · date not stated; Closed · date not stated; Closed · 14 Jan 2025 · North 40 Resources Ltd.; Closed · 15 Jan 2025 · Signalta Resources Limited; Closed · 17 Jan 2025 · Warwick Gas Storage Ltd.; Closed · 9 Jan 2025 · PointBreak Resources Inc.; Did not complete · date not stated · Bench Creek; Closed · 29 Jan 2025 · Rockeast Energy Corp.
  • Purchaser Cascade Capture Ltd. · the Cascade Transaction · asset sale · closed; Cenovus Energy Inc. · the Cenovus Transaction · asset sale · closed; Culloden Resources Ltd. and Rayberg Holding Ltd. · November 4th Transactions · asset sale · closed; Durham Creek Energy Ltd. · November 4th Transactions · asset sale · closed; 2505108 AB Ltd. and Tians Oil Ltd. · November 4th Transactions · asset sale · closed; Resistance Energy Ltd. · November 4th Transactions · asset sale · closed; Power Serv Engine & Compressor Repair (Med Hat) Ltd. · November 21st Transactions · asset sale · closed; Ember Resources Inc. · November 21st Transactions · asset sale · closed; Tykewest Limited · November 21st Transactions · asset sale · closed; Crbon Labs Inc. · November 21st Transactions - Crbon transaction · asset sale · proposed; HWN Energy Ltd. · November 21st Transactions · asset sale · closed; North 40 Resources Ltd. · December 19th Transactions · asset sale · closed; Signalta Resources Limited · December 19th Transactions · asset sale · closed; Warwick Gas Storage Ltd. · December 19th Transactions · asset sale · closed; PointBreak Resources Inc. · December 19th Transactions · asset sale · closed; Bench Creek · December 19th Transactions · asset sale · not completed; Rockeast Energy Corp. · December 19th Transactions · asset sale · closed; 2628071 Alberta Ltd. · December 19th Transactions / Corporate Transaction · share sale · proposed; 2628069 Alberta Ltd. · December 19th Transactions · asset sale · proposed
  • Sale advisor Sayer Energy Advisors (financial advisor); Strom Futures Inc. (sale agent)
  • Sale outcome Liquidation in progress — Full disposition of Alphabow's assets is expected through the SISP transactions
  • + 1 more extracted fact
PDF · Subscribers
Eighth Affidavit of Ben Li sworn January 27, 2025PDF · Subscribers
Reply Brief filed January 13, 2025PDF · Subscribers
Sales Approval Vesting Order January 2, 2025 - 2628069 Alberta Ltd.
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions, subject to Energy Regulator approval of license transfers.
  • Presiding officer Justice J. R. Jeffrey
  • Purchaser 2628069 Alberta Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Sales Approval Vesting Order January 2, 2025 - 2628071 Alberta LtdPDF · Subscribers
Sales Approval Vesting Order January 2, 2025 - Signalta Non-Op Assets
  • Closing terms Vesting occurs upon delivery of a Monitor's Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Order date 19 December 2024
  • Presiding officer Justice J. R. Jeffrey
  • Sale outcome Sale approved — The Transaction is hereby approved
  • + 1 more extracted fact
PDF · Subscribers
Transaction Approval and Reverse Vesting Order January 2, 2025
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions
  • Order date 19 December 2024
  • Presiding officer Justice J. R. Jeffrey
  • Purchaser 2628071 Alberta Ltd. · the Transferred Assets and issuance of the Purchased Shares · share subscription · approved
  • + 3 more extracted facts
PDF · Subscribers
Amended and Restarted Order (Sales Approval and Vesting) dated December 19, 2024 - North 40 Resources Ltd.
  • Presiding officer Justice P.R. Jeffrey
PDF · Subscribers
Amendment to the December 19, 2024 CCAA Stay Extension Order dated January 13, 2025
  • Presiding officer Justice M. A. Marion
PDF · Subscribers
Application Extending Stay of Proceedings and Granting Vesting Orders dated December 19, 2024PDF · Subscribers
Brief of Argument of AlphaBow Energy Ltd. dated December 19, 2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Brief of Bearspaw Petroleum Ltd. dated December 19, 2024PDF · Subscribers
CCAA Stay Extension Order dated December 19 2024PDF · Subscribers
Sales Approval Vesting Order December 19, 2024 - Signalta Resources Limited
  • Closing terms Vesting is conditional on AER approval of licence transfers and delivery of a Monitor's Certificate.
  • Order date 19 December 2024
  • Presiding officer Justice J. R. Jeffrey
  • Stalking horse Subscribers
PDF · Subscribers
Sales Approval Vesting Order dated December 19, 2024 - Warwick Resources
  • Closing terms Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Order date 19 December 2024
  • Presiding officer Justice P.R. Jeffrey
  • Purchaser Warwick Gas Storage LP · nominee/assignee its nominee · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval Vesting Order dated December 19, 2024 - PointBreak Resources Inc.
  • Closing terms Vesting occurs upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction.
  • Order date 19 December 2024
  • Presiding officer Justice J. R. Jeffrey
  • Purchaser PointBreak Resources Inc. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval Vesting Order dated December 19, 2024 - Rockeast Energy Corp.
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate, subject to AER approval of licence transfers
  • Order date 19 December 2024
  • Presiding officer Justice P. R. Jeffrey
  • Purchaser Rockeast Energy Corp. · all of AlphaBow's right, title and interest in and to the Purchased Assets · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approved Vesting Order dated December 19 - North 40 Resources Ltd.
  • Closing terms Vesting subject to Energy Regulator approval and delivery of a Monitor's Certificate
  • Order date 19 December 2024
  • Presiding officer Justice P.R. Jeffrey
  • Purchaser North 40 Resources Ltd. · AlphaBow's right, title and interest in and to the Purchased Assets set out in Schedule "A" · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Supplement to the Seventh Affidavit of Ben Li sworn December 16, 2024PDF · Subscribers
Sixth Report of the Monitor dated December 13, 2024
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · 25 Nov 2024 · Resistance Energy Ltd.; Closed · date not stated; Closed · date not stated; Closed · date not stated; Closed · date not stated
  • Purchaser 2628071 Alberta Ltd. · 100 Common Shares subscribed for by the Purchaser and sold by the Company · share subscription · proposed; North 40 Resources Ltd. · assets under purchase and sale agreement dated November 18, 2024 · asset sale · proposed; PointBreak Resources Inc. · assets under purchase and sale agreement dated November 29, 2024 · asset sale · proposed; Signalta Resources Limited · assets under purchase and sale agreement dated December 9, 2024 · asset sale · proposed; Cascade Capture Ltd. · the Cascade Transaction · asset sale · closed; Cenovus Energy Inc. · the Cenovus Transaction · asset sale · closed; Resistance Energy Ltd. · sale of certain assets to Resistance · asset sale · closed
  • Sale advisor Sayer Energy Advisors (sale agent)
  • Sale outcome Approval pending — the transactions described below, together with the transactions described in the Fourth and Fifth Report, will result in the full disposition of all of Alphabow's assets
  • + 1 more extracted fact
PDF · Subscribers
Affidavit of Patricia Mercik sworn December 12, 2024PDF · Subscribers
Affidavit of Ben Li sworn December 9, 2024PDF · Subscribers
Order Extending Stay of Proceedings dated November 22, 2024
  • Presiding officer Justice Burns
PDF · Subscribers
Sales Approval and Vesting Order dated November 22, 2024 – Crbon Labs Ltd
  • Closing terms Vesting effective upon delivery of Monitor's Certificate confirming payment, satisfaction/waiver of closing conditions, and completion of the Transaction
  • Order date 21 November 2024
  • Presiding officer Justice M. E. Burns
  • Purchaser Crbon Labs Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval and Vesting Order dated November 22, 2024 – Ember Resources
  • Closing terms Vesting is subject to Energy Regulator approval of licence/permit transfers and delivery of a Monitor's Certificate
  • Order date 21 November 2024
  • Presiding officer Justice M. E. Burns
  • Purchaser Ember Resources Inc. · AlphaBow's right, title and interest in and to the Purchased Assets · asset sale · approved
  • + 1 more extracted fact
PDF · Subscribers
Sales Approval and Vesting Order dated November 22, 2024 – HWN Energy Ltd
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Order date 21 November 2024
  • Presiding officer Justice M. E. Burns
  • Purchaser HWN Energy Ltd. · the Purchased Assets · asset sale · approved
  • + 1 more extracted fact
PDF · Subscribers
Sales Approval and Vesting Order dated November 22, 2024 – Power Serv Engine and Compressor Repair
  • Closing terms Vesting occurs upon delivery of a Monitor's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 21 November 2024
  • Presiding officer Justice M. E. Burns
  • Purchaser Power Serv Engine & Compressor Repair (Med Hat) Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval and Vesting Order dated November 22, 2024 – Tykewest Limited
  • Closing terms Vesting effective upon delivery of the Monitor's Certificate confirming payment, satisfaction of conditions, and completion of Transaction
  • Order date 21 November 2024
  • Presiding officer Justice M. E. Burns
  • Purchaser Tykewest Limited · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 1 more extracted fact
PDF · Subscribers
Fifth Report of the Monitor dated November 19, 2024
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Closed · 12 Nov 2024 · Culloden Resources Ltd. and Rayberg Holding Ltd.; Closed · 13 Nov 2024 · Durham Creek Energy Ltd.; Did not complete · date not stated · 2505108 AB Ltd. and Tians Oil Ltd.
  • Purchaser Cascade Capture Ltd. · the Cascade Transaction · asset sale · closed; Culloden Resources Ltd. and Rayberg Holding Ltd. · November 4th Transactions · asset sale · closed; Durham Creek Energy Ltd. · November 4th Transactions · asset sale · closed; 2505108 AB Ltd. and Tians Oil Ltd. · November 4th Transactions · asset sale · not completed; Resistance Energy Ltd. · November 4th Transactions · asset sale · proposed; Power Serv Engine & Compressor Repair (Med Hat) Ltd. · the PowerServ Transaction · asset sale · proposed; Ember Resources Inc. · the Ember Transaction · asset sale · proposed; Tykewest Limited · the Tykewest Transaction · asset sale · proposed; Crbon Labs Inc. · the Crbon Transaction · asset sale · proposed
  • Sale advisor Sayer Energy Advisors (sale agent); Strom Futures Inc. (sale agent)
  • Sale outcome Approval pending — Multiple transactions have closed, some did not proceed, and further transactions await approval
  • + 1 more extracted fact
PDF · Subscribers
CCAA GORR Order dated November 18, 2024
  • Presiding officer Justice M. H. Bourque
PDF · Subscribers
CCAA Stay Application dated November 18, 2024PDF · Subscribers
Sale Approval and Vesting Order dated November 18, 2024 - Resistance Energy Ltd.
  • Closing terms Vesting occurs upon delivery of a Monitor's Certificate confirming payment, satisfaction of conditions, and completion of the Transaction.
  • Presiding officer Justice M. H. Bourque
  • Purchaser Resistance Energy Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Supplement to Sixth Affidavit of Ben Li sworn November 18, 2024PDF · Subscribers
CCAA Stay Application dated November 12, 2024PDF · Subscribers
Sixth Affidavit of Ben Li sworn November 12, 2024PDF · Subscribers
Sales Approval and Vesting Order dated November 4, 2024 - Culloden Resources Ltd. and Rayberg Holdings Ltd.
  • Closing terms Vesting occurs upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of conditions, and completion of Transaction to Monitor's satisfaction.
  • Order date 4 November 2024
  • Presiding officer Justice M. H. Bourque
  • Purchaser Culloden Resources Ltd. and Rayberg Holdings Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Sales Approval and Vesting Order dated November 4, 2024 - Durham Creek Energy Ltd.
  • Closing terms Vesting effective upon delivery of Monitor's Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of Transaction
  • Presiding officer Justice M. H. Bourque
  • Purchaser Durham Creek Energy Ltd. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Stay Extension Order dated November 4, 2024
  • Presiding officer Justice M. H. Bourque
PDF · Subscribers
Book of Authorities of Advance Drilling Ltd. dated October 31, 2024PDF · Subscribers
Brief of AlphaBow re CCAA Proceedings dated October 31, 2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Brief of Argument of Advance Drilling Ltd. dated October 31, 2024
  • Counsel Dentons Canada LLP
PDF · Subscribers
Undertaking of Ben Li dated October 31, 2024PDF · Subscribers
Undertaking of Quan Li dated October 31, 2024PDF · Subscribers
Affidavit of Jiang Fan dated October 29, 2024PDF · Subscribers
Fourth Report of the Monitor dated October 29, 2024
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.; Closed · 2 Oct 2024 · Cenovus Energy Inc.; Did not complete · date not stated · 2505108 AB Ltd. and Tians Oil Ltd.
  • Purchaser Cascade Capture Ltd. · the Cascade Transaction · asset sale · closed; Cenovus Energy Inc. · the Cenovus Transaction · asset sale · closed; Culloden Resources Ltd. and Rayberg Holding Ltd. · the Culloden and Rayberg Transaction · asset sale · proposed; Durham Creek Energy Ltd. · the Durham Transaction · asset sale · proposed; 2505108 AB Ltd. and Tians Oil Ltd. · the 250 and Tians Transaction · asset sale · not completed; Resistance Energy Ltd. · the Resistance Transaction · asset sale · proposed
  • Sale advisor Sayer Energy Advisors (sale agent)
  • Sale outcome Approval pending — Applicant is seeking approval of the remaining Transactions
  • + 1 more extracted fact
PDF · Subscribers
Interim Stay Extension Order dated October 29, 2024
  • Presiding officer Justice M. A. Marion
PDF · Subscribers
Transcript of Questioning of Ben Li held October 25, 2024PDF · Subscribers
Affidavit of Ben Li sworn October 21, 2024PDF · Subscribers
Affidavit of Quan Li sworn October 21, 2024PDF · Subscribers
CCAA Stay Application dated October 21, 2024PDF · Subscribers
CCAA Amending Order dated September 27, 2024
  • Counsel Cassels, Brock & Blackwell LLP
  • Presiding officer Justice J. T. Neilson
PDF · Subscribers
Alphabow Claims PackagePDF · Subscribers
Claims Process Order dated September 20, 2024
  • Presiding officer Justice J. T. Neilson
PDF · Subscribers
Sales Approval and Vesting Order dated September 20, 2024 - Cenovus Energy Inc.
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate confirming payment of the Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction to the Monitor's satisfaction.
  • Order date 20 September 2024
  • Presiding officer Justice J. T. Neilson
  • Purchaser Cenovus Energy Inc. · the assets set out in Schedule "A" hereto (the "Purchased Assets") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Stay Extension Order dated September 20, 2024
  • Presiding officer Justice J. T. Neilson
PDF · Subscribers
Third Report of the Monitor dated September 13, 2024
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.
  • Process results 75 LOIs · 44 qualified bids · 49 bids · as of 5 Sep 2024
  • Purchaser Cascade Capture Ltd. · the sale transaction · asset sale · closed
  • Sale advisor Sayer Energy Advisors (sale agent)
  • + 2 more extracted facts
PDF · Subscribers
Fourth Affidavit of Ben Li filed September 9, 2024PDF · Subscribers
Stay Extension Order dated August 27, 2024
  • Presiding officer Justice M. H. Bourque
PDF · Subscribers
Second Report of the Monitor dated August 21, 2024PDF · Subscribers
Application Extending Stay of Proceedings filed August 19, 2024PDF · Subscribers
Affidavit of Ben Li filed August 15, 2024PDF · Subscribers
First Report of the Monitor dated July 18, 2024
  • Closing confirmed Closed · 8 May 2024 · Cascade Capture Ltd.
  • Purchaser Cascade Capture Ltd. · the sale transaction · asset sale · closed
  • Sale advisor Sayer Energy Advisors (sale agent); STROM Futures (listing broker)
  • Sale outcome Liquidation in progress — Update on the Sale and Investment Solicitation Process (SISP)
  • + 1 more extracted fact
PDF · Subscribers
SISP Teaser
  • Bid deadline 4 July 2024
  • Sale advisor Sayer Energy Advisors (financial advisor)
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Notice to Creditors dated May 1, 2024PDF · Subscribers
Amended and Restated CCAA Initial Order dated April 26, 2024
  • Applicant AlphaBow Energy Ltd.
  • Commencement date 26 April 2024
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2401-05179
  • + 1 more extracted fact
PDF · Subscribers
Approval and Vesting Order dated April 26, 2024
  • Closing terms Vesting occurs upon delivery of Monitor's Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Order date 26 April 2024
  • Presiding officer Justice M. J. Lema
  • Sale outcome Sale approved — The Transaction is hereby approved
  • + 1 more extracted fact
PDF · Subscribers
Court Order Terminating NOI Proceedings dated April 26, 2024
  • Applicant AlphaBow Energy Ltd.
  • Appointee KSV Restructuring Inc.
  • Appointee role Monitor
  • Commencement date 26 April 2024
  • + 3 more extracted facts
PDF · Subscribers
SISP Approval and Sealing Order dated April 26, 2024
  • Bid deadline 22 August 2024
  • Order date 26 April 2024
  • Presiding officer Justice M. J. Lema
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Supplement to Affidavit #1 of Ben Li sworn April 24, 2024PDF · Subscribers
First Report of the Proposal Trustee and Pre-Filing Report of the Proposed Monitor dated April 19, 2024PDF · Subscribers
Affidavit of Ben Li sworn April 15, 2024PDF · Subscribers
Amended and Restated CCAA Application dated April 15, 2024PDF · Subscribers
Bench Brief of the Applicant dated April 15, 2024PDF · Subscribers
CCAA Initial Application dated April 15, 2024PDF · Subscribers
Notice to Creditors dated April 1, 2024PDF · Subscribers
List of Creditors as at March 27, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
List of Creditors dated March 27, 2024PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “AlphaBow Energy Ltd.” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/alphabow-energy-ltd

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Sources last checked · summary updated 20 August 2026 · Report a correction · Printed from proceedings.ca/case/alphabow-energy-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.