ALX Artificial Lift Werx Ltd.
- Proceeding
- NOIBIA s. 50.4
- File
- 22-3148814 / 22-3148822
ALX Artificial Lift Werx Ltd. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, filed in the Court of King's Bench for Saskatchewan under court file number BKY-RG-00258-2024.
A claims procedure has been established — see the order for deadlines.
ALX - Order Approving Sale of Land, and Vesting Order was filed.
Source: ALX - Order Approving Sale of Land, and Vesting Order
ALX - Order Approving Sale of Pumpjacks, and Vesting Order was filed.
Source: ALX - Order Approving Sale of Pumpjacks, and Vesting Order
ALX - Order Approving the Distribution of Auction Proceeds was filed.
Source: ALX - Order Approving the Distribution of Auction Proceeds
The officer filed report no. Fifth Report. ALX continues to manufacture and complete remaining 640 pumpjack units for sale to Western Basin, and has auctioned its remaining equipment, pumpjack inventory and the Estevan lands. Both companies filed proposals on April 30, 2025, with creditor meetings set for May 21, 2025.
Order Approving Stay Extension, Authorization to Sell Land, and Increase of Interim Financing Charge was filed.
Source: Order Approving Stay Extension, Authorization to Sell Land, and Increase of Interim Financing Charge
The officer filed report no. Fourth Report of the Proposal Trustee. ALX is finishing manufacture of its pumpjack inventory for sale (directly and via an auction opening May 9, 2025) and plans to include its Estevan lands in the auction, funded by interim financing from DCIL. The companies are working toward filing Division I proposals by April 30, 2025.
Source: Fourth Report of the Trustee
The officer filed report no. Third Report. ALX is completing manufacture of remaining pumpjack inventory for sale to Western Basin, preparing an auction of remaining assets (April 24-28, 2025), and working to close approved asset sales, with DCIL funding ALX via interim financing. DCIL's operations are limited, funded by freehold royalty income.
Source: Third Report of the Trustee
ALX - Order Approving Stay Extension, Sale Approval, Partial Lift Stay Order and Sealing Order was filed.
Source: ALX - Order Approving Stay Extension, Sale Approval, Partial Lift Stay Order and Sealing Order
The officer filed report no. Second Report of the Proposal Trustee. ALX is completing its remaining pump jack inventory for sale and is selling equipment, land and remaining assets through private sales and an auction. DCIL funds the inventory completion and collects freehold royalty income. Both companies remain in NOI proceedings seeking a further stay extension.
Source: Second Report of the Trustee
ALX - Order Approving Stay Extension, Administrative Charge, and Interim Financing Charge was filed.
Source: ALX - Order Approving Stay Extension, Administrative Charge, and Interim Financing Charge
The officer filed report no. First Report. ALX is continuing to complete its pumpjack inventory for sale and developing a sales process for its inventory, land and equipment, while DCIL, a holding company, receives monthly freehold royalty income and advances interim financing to ALX during the NOI proceedings. Court file 22-3148814 / 22-3148822.
Source: First Report of the Trustee
Debtor
ALX Artificial Lift Werx Ltd.
Proposal trustee
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Elson | Court of King's Bench for Saskatchewan | 5 orders, Nov 2024 – May 2025 | 17 cases on record |
| Justice Smith | Court of King's Bench for Saskatchewan | 5 orders, Dec 2024 – May 2025 | 16 cases on record |
| Justice Clackson | Court of King's Bench for Saskatchewan | 3 orders, May 2025 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeEY | McDougall Gauley LLP | 20 Nov 2024 | Application · 20 Nov 2024 |
| DebtorALX Artificial Lift Werx Ltd. | MLT Aikins LLP | 20 Nov 2024 | Application · 20 Nov 2024 |
| CreditorAffinity Credit Union | Robertson Stromberg LLP | 20 Nov 2024 | Application · 20 Nov 2024 |
| CreditorCurrent Financial Corp | Duncan & Craig LLP | 6 Feb 2025 | Service list · 6 Feb 2025 |
| CreditorMaynards Industries Ltd | Thomas E. Baillie, K.C. Baillie Law Corporation | 20 Nov 2024 | Application · 20 Nov 2024 |
| CreditorMowbray Enterprises Ltd | Osman & Company Law Office | 20 Nov 2024 | Application · 20 Nov 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Davey Crocket Investments Ltd. (DCIL) · in 2 casesas of Court-ordered Interim Financing Charge, as increased per January 31, 2025 application — Interim Financing Charge over all real and personal property of ALX — Related party: DCIL is a major shareholder of ALX and shares common director/officer David Heier. Charge originally granted at $300,000 by November Orders to secure interim financing for pumpjack manufacture/sale; increase to $675,000 sought to secure Additional Interim Financing of $375,000. Charge ranks subordinate to BDC, Affinity, and Current security interests. — debtor: ALX Artificial Lift Werx Ltd. | $675K | Affidavit of David Heier |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
36 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans9 transactions · 4 closed · 3 approved · 2 proposed — The Debtor's personal property was sold at auction held May 9 to 13, 2025; the order directs distribution of the net sale proceeds.ALX - Order Approving the Distribution of Auction Proceeds · 21 May 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Allen Seibthe ALX Assets more particularly described in the December 13 Heier Affidavit · asset sale · agreement 3 Dec 2024 | Subscribers | Approved18 Dec 2024 | ALX - Order Approving Stay Extension, Sale… |
| Preferred Energy Inc.certain of its surplus equipment more particularly described in the Second Heier Affidavit (the "ALX Assets") · asset sale · nominee/assignee: or its Nominee · agreement 15 Dec 2024 | Subscribers | Closeddate not stated | Fourth Report of the Trustee |
| end purchasers at public auction, unnamedthose surplus assets of ALX described in the Second Report · auction | not stated | Approved18 Dec 2024 | ALX - Order Approving Stay Extension, Sale… |
| end purchasers at auction, unnamedLands, and other assets through the auction process · auction | not stated | Proposed | Third Report of the Trustee |
| Redhead Artificial Lift Ltd.certain equipment and small tools which were to be subject to the auction · auction | Subscribers | Closed | Fourth Report of the Trustee |
| end purchasers at planned Mack auction, unnamedremaining property, Pumpjack Inventory and Lands · auction | not stated | Proposed | Fourth Report of the Trustee |
| JS Truckmart Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets"), being the lands at 101 & 105 Viking Avenue, Rural Municipality of Estevan No. 5, Lots 11 & 12, Block D Plan 102046564 · real property · nominee/assignee: its nominee · agreement 13 May 2025 | Subscribers | Approved21 May 2025 | ALX - Order Approving Sale of Land, and Vesting… |
| Western Basin Energy Corp.those pump jacks manufactured by the Debtor (the "Purchased Assets") more particularly described in the Proposal Trustee's Report · asset sale | Subscribers | Closed29 Apr 2025 | Fifth Report of the Proposal Trustee |
| end purchasers at the May 9 to 13, 2025 auction of the Debtor's personal property, unnamedthe personal property of the Debtor sold at the May 9 to 13, 2025 auction · auction | Subscribers | Closed | ALX - Order Approving the Distribution of… |
As at ·
Cumulative receipts
$126K
As at 15 Nov 2024First Report of the Trustee
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Certificate of Appointment | PDF · Subscribers | |
| Proof of Claim and Instructions | PDF · Subscribers | |
Proxy Form
| PDF · Subscribers | |
Sale and Investment Solicitation Process Notice
| PDF · Subscribers | |
ALX - Order Approving Sale of Land, and Vesting Order
| PDF · Subscribers | |
ALX - Order Approving Sale of Pumpjacks, and Vesting Order
| PDF · Subscribers | |
ALX - Order Approving the Distribution of Auction Proceeds
| PDF · Subscribers | |
Fifth Report of the Proposal Trustee
| PDF · Subscribers | |
ALX Artificial Lift Werx Ltd. - Notice of Proposal to Creditors
| PDF · Subscribers | |
Fourth Report of the Trustee
| PDF · Subscribers | |
Order Approving Stay Extension, Authorization to Sell Land, and Increase of Interim Financing Charge
| PDF · Subscribers | |
| ALX - Brief of Law | PDF · Subscribers | |
ALX - Order Approving Stay Extension
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Third Report of the Trustee
| PDF · Subscribers | |
Affidavit of David Heier
| PDF · Subscribers | |
ALX - Order Approving Stay Extension, Sale Approval, Partial Lift Stay Order and Sealing Order
| PDF · Subscribers | |
Service List - December 18th, 2024
| PDF · Subscribers | |
Second Report of the Trustee
| PDF · Subscribers | |
ALX - Order Approving Stay Extension, Administrative Charge, and Interim Financing Charge
| PDF · Subscribers | |
Service List - November 20th, 2024 Application
| PDF · Subscribers | |
First Report of the Trustee
| PDF · Subscribers | |
ALX Artificial Lift Werx Ltd. - Notice to Creditors Package
| PDF · Subscribers | |
| Certificate for the Notice of Intention - 22-3148814 | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “ALX Artificial Lift Werx Ltd.” (NOI), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/alx-artificial-lift-werx-ltd