ALX Artificial Lift Werx Ltd.
FollowActive
- Proceeding
- NOIBIA s. 50.4
- File
- 22-3148814 / 22-3148822
OverviewSummary updated
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.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates24 dated entries
21 earlier updates, back to 1 November 2024 — subscribers.
Parties
Debtor
ALX Artificial Lift Werx Ltd.
Proposal trustee
EY
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Elson | Court of King's Bench for Saskatchewan | 5 orders, Nov 2024 – May 2025 | 13 cases on record |
| Justice Smith | Court of King's Bench for Saskatchewan | 5 orders, Dec 2024 – May 2025 | 14 cases on record |
| Justice Clackson | Court of King's Bench for Saskatchewan | 3 orders, May 2025 | 11 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. Box 1215 Estevan, SK S4A 5A0 Attention: Ron Mowbray | Osman & Company Law Office | 20 Nov 2024 | Application · 20 Nov 2024 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| 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 |
36 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
8 transactions · 3 closed · 3 proposed · 2 approved — ALX, through Mack, completed the auction of the remaining equipment, Pumpjack Inventory, and Lands on May 13, 2025Fifth Report of the Proposal Trustee · 15 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 Lands · auction | Subscribers | Proposed | Fifth Report of the Proposal Trustee |
| Western Basin Energy Corp.sale of Pumpjack Inventory units · asset sale | Subscribers | Closed29 Apr 2025 | Fifth Report of the Proposal Trustee |
AdvisorsMack Auctions (auctioneer); Ritchie Bros. Auctioneers (auctioneer); McDougall Auctioneers Ltd. (auctioneer); Mack Realty (listing broker)Fourth Report of the Trustee
Closing termsNet sale proceeds held in trust by Proposal Trustee pending further order; vesting occurs upon filing of Proposal Trustee's Closing Certificate(s)ALX - Order Approving Stay Extension, Sale Approval, Partial Lift Stay…
Sealed materialsConfidential Supplementary Affidavit of David HeierALX - Order Approving Stay Extension, Sale Approval, Partial Lift Stay…
Documents
24 filings
| 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 20 September 2026, https://proceedings.ca/case/alx-artificial-lift-werx-ltd