Canadian Overseas Petroleum Limited
Follow- Proceeding
- CCAACCAA
- Industry
- Energy · Oil & gas production
Canadian Overseas Petroleum Limited's CCAA proceedings in the Court of King's Bench of Alberta, which covered the parent and ten subsidiaries including COPL America Inc., Canadian Overseas Petroleum (UK) Limited, Southwestern Production Corporation and Atomic Oil and Gas LLC, are closed. A Schedule of Known Creditors owed more than $1,000, prepared as at March 8, 2024 from the companies' books and records on an unaudited Canadian-dollar basis and without admission as to liability or quantum, put stated liabilities at $109,802,934.81 in total: secured claims of $76,074,597.63, comprising ABC Funding LLC at US$44,459,592.00 and BP Canada Energy Group at US$11,988,132.00, and unsecured and other claims of $33,728,337.18 across 88 rows. The largest unsecured entries were Anavio Capital Partners LLP at US$18,600,000.00 and Trefoil Select Funds SPC - Stylus SP at US$2,400,000.00, with an aggregate employee row carried at an amount to be determined.
Final Report and Motion for Termination of Chapter 15 Cases dated November 4 2024 — Application / notice of application
Foreign Representative Reply to BP Energy Objection filed May 31, 2024 — Response / objection pleading
Summit Joinder to Foreign Representative Reply to BP Energy Objection filed May 31, 2024 — Application / notice of application
Application for Permission to Appeal of BP Energy filed May 14, 2024 — Application / notice of application
Motion for Recognition of CCAA Vesting Order and Sale dated April 30, 2024 — Application / notice of application
Application re AVO and Stay Extension dated April 17, 2024 — Application / notice of application
Application re Amended and Restated Initial Order dated March 14, 2024 — Amended and restated initial order
Motion to Schedule Recognition Hearing dated March 11, 2024 — Application / notice of application
Undated filings1 — no date appears on the document · show
Debtor
Canadian Overseas Petroleum Limited
Monitor
AlixPartners
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Simard | Court of King's Bench of Alberta | 3 orders, Jul 2024 – Sep 2024 | 35 cases on record |
| Justice Johnston | Court of King's Bench of Alberta | 3 orders, Mar 2024 | 55 cases on record |
| Justice Yamauchi | Court of King's Bench of Alberta | 2 orders, Apr 2024 | 37 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlixPartners | Cassels Brock & Blackwell LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| DebtorCanadian Overseas Petroleum Limited | Osler, Hoskin & Harcourt LLP · Potter Anderson & Corroon LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| Interim lender | Kirkland & Ellis LLP · MLT Aikins LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| Foreign representative | Potter Anderson & Corroon LLP | 11 Mar 2024 | Application · 11 Mar 2024 |
| CreditorAnavio Capital Partners LLP | Blake, Cassels & Graydon LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| CreditorBP Canada Energy Group | Dentons Canada LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| CreditorBP Energy Company | Dentons Canada LLP | 23 Apr 2024 | Factum · 23 Apr 2024 |
| CreditorShoreline Energy International Limited | Fasken Martineau DuMoulin LLP | 4 Jul 2024 | Service list · 4 Jul 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | ABC Funding LLCListed under SECURED on the schedule; the security is not described. — The schedule converts this to CAD $59,918,192.14. — debtor: Canadian Overseas Petroleum Limited and subsidiaries (COPL America Holding Inc., COPL America Inc., Canadian Overseas Petroleum (UK) Limited, Canadian Overseas Petroleum (Ontario) Limited, COPL Technical Services Limited, Canadian Overseas Petroleum (Bermuda Holdings) Limited, Canadian Overseas Petroleum (Bermuda) Limited, Southwestern Production Corporation, Atomic Oil and Gas LLC, Pipeco LLC) · as of 8 Mar 2024 | $44.5M USD | Creditor Listing as at March 8, 2024 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
89 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 plansany claims: no distribution.Final Report and Motion for Termination of Chapter 15 Cases · 4 Nov 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| class not placed | any claims | — | no distribution | — | Final Report and Motion for Termination of Chapter 15 Cases · 4 Nov 2024 |
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.
As at ·
The total 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 |
|---|---|---|
| Order Recognizing the CCAA Termination Order and Closing the Chapter 15 Cases filed December 6, 2024 | PDF · Subscribers | |
Final Report and Motion for Termination of Chapter 15 Cases dated November 4 2024
| PDF · Subscribers | |
CCAA Termination Order dated September 12, 2024
| PDF · Subscribers | |
| Bench Brief for CCAA Termination dated September 6, 2024 | PDF · Subscribers | |
| Sixth Report of the Monitor dated September 5, 2024 | PDF · Subscribers | |
| Affidavit #8 of Peter Kravitz affirmed September 3, 2024 | PDF · Subscribers | |
| Application (CCAA Termination) dated September 3, 2024 | PDF · Subscribers | |
| Notice to Creditors and Shareholders dated August 13, 2024 | PDF · Subscribers | |
| Order Dismissing the Chapter 15 Case of Southwestern Production Corporation dated July 26, 2024 | PDF · Subscribers | |
| Notice of Filing of Monitor's Certificates dated July 24, 2024 | PDF · Subscribers | |
Stay Extension Order dated July 24, 2024
| PDF · Subscribers | |
| Supplement to the Fifth Report of the Monitor dated July 19, 2024 | PDF · Subscribers | |
| Supplemental Order Recognizing and Enforcing the CCAA Vesting Order dated July 18, 2024 | PDF · Subscribers | |
Amending Court Order dated July 17, 2024
| PDF · Subscribers | |
| Application of BP Energy dated July 15, 2024 | PDF · Subscribers | |
| Bench Brief of the Applicants dated July 15, 2024 | PDF · Subscribers | |
| Fifth Report of the Monitor dated July 15, 2024 | PDF · Subscribers | |
| Affidavit of Peter Kravitz affirmed July 12, 2024 | PDF · Subscribers | |
| Stay Extension Application dated July 12, 2024 | PDF · Subscribers | |
Service List as at July 5, 2024
| PDF · Subscribers | |
Service List as at July 4, 2024
| PDF · Subscribers | |
Stay Extenstion Order dated July 4, 2024
| PDF · Subscribers | |
| Order Recognizing and Enforcing the CCAA Vesting Order dated July 3, 2024 | PDF · Subscribers | |
| Bench Brief of the Applicants dated July 2, 2024 | PDF · Subscribers | |
| Fourth Report of the Monitor dated July 2, 2024 | PDF · Subscribers | |
| Stay Extension Application dated June 28, 2024 | PDF · Subscribers | |
| Affidavit of Peter Kravitz affirmed June 27, 2024 | PDF · Subscribers | |
Stay Extension Order dated June 7 2024
| PDF · Subscribers | |
| Bench Brief of the Applicants dated June 5, 2024 | PDF · Subscribers | |
Reasons for Decision of Justice de Wit dated June 4, 2024
| PDF · Subscribers | |
| Amended Notice of Agenda of Matters dated June 3, 2024 | PDF · Subscribers | |
| Third Report of the Monitor dated June 3, 2024 | PDF · Subscribers | |
| Affidavit of Peter Kravitz, dated May 31, 2024 | PDF · Subscribers | |
| Foreign Representative Reply to BP Energy Objection filed May 31, 2024 | PDF · Subscribers | |
| Stay Extension Application dated May 31, 2024 | PDF · Subscribers | |
| Summit Joinder to Foreign Representative Reply to BP Energy Objection filed May 31, 2024 | PDF · Subscribers | |
| Appeal Book of the Respondents dated May 24, 2024 | PDF · Subscribers | |
| Memorandum of Argument of the Respondents dated May 24, 2024 | PDF · Subscribers | |
| Notice of Rescheduling Hearing filed May 22, 2024 | PDF · Subscribers | |
| Appeal Book of BP Energy filed May 14, 2024 | PDF · Subscribers | |
| Application for Permission to Appeal of BP Energy filed May 14, 2024 | PDF · Subscribers | |
| Memorandum of Argument of BP Energy filed May 14, 2024 | PDF · Subscribers | |
| Kravitz Declaration re Recognize Vesting Order dated April 30, 2024 | PDF · Subscribers | |
| Motion for Recognition of CCAA Vesting Order and Sale dated April 30, 2024 | PDF · Subscribers | |
| Affidavit #4 of Peter Kravitz affirmed April 24, 2024 | PDF · Subscribers | |
Approval and Vesting Order dated April 24, 2024
| PDF · Subscribers | |
Stay Extension Order dated April 24, 2024
| PDF · Subscribers | |
| Affidavit of Kenneth Joaquin Anderson affirmed April 23, 2024 | PDF · Subscribers | |
Bench Brief of BP Energy dated April 23, 2024
| PDF · Subscribers | |
| Book of Authorities to the Bench Brief of BP Energy dated April 23, 2024 | PDF · Subscribers | |
Second Report of the Monitor dated April 19, 2024
| PDF · Subscribers | |
| Affidavit of Peter Kravitz affirmed April 18, 2024 | PDF · Subscribers | |
| Application re AVO and Stay Extension dated April 17, 2024 | PDF · Subscribers | |
| Recognition Order dated April 8, 2024 | PDF · Subscribers | |
| SISP Recognition Order dated April 8, 2024 | PDF · Subscribers | |
| Kravitz Declaration re SISP Recognition Order dated April 2, 2024 | PDF · Subscribers | |
| Motion for SISP Recognition Order dated March 21, 2024 | PDF · Subscribers | |
SISP Approval Order dated March 20, 2024
| PDF · Subscribers | |
Amended and Restated Initial Order dated March 19, 2024
| PDF · Subscribers | |
Stay Extension Order dated March 18, 2024
| PDF · Subscribers | |
| Bench Brief of the Applicants re Motion returnable March 19, 2024 | PDF · Subscribers | |
| First Report of the Monitor dated March 15, 2024 | PDF · Subscribers | |
| Affidavit of Peter Kravitz affirmed March 14, 2024 | PDF · Subscribers | |
| Affidavit of Thomas Richardson affirmed March 14, 2024 | PDF · Subscribers | |
| Application re Amended and Restated Initial Order dated March 14, 2024 | PDF · Subscribers | |
| Application re Stay Extension dated March 14, 2024 | PDF · Subscribers | |
| Notice to Creditors dated March 14, 2024 | PDF · Subscribers | |
Order (Scheduling) dated March 12, 2024
| PDF · Subscribers | |
| Order Directing Joint Administration dated March 12, 2024 | PDF · Subscribers | |
| Order Granting Provisional Relief dated March 12, 2024 | PDF · Subscribers | |
| Motion for Joint Administration dated March 11, 2024 | PDF · Subscribers | |
| Motion for Provisional Relief dated March 11, 2024 | PDF · Subscribers | |
Motion to Schedule Recognition Hearing dated March 11, 2024
| PDF · Subscribers | |
Creditor Listing as at March 8, 2024
| PDF · Subscribers | |
Initial Order dated March 8, 2024
| PDF · Subscribers | |
| Originating Application returnable March 8, 2024 | PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor dated March 8, 2024 | PDF · Subscribers | |
| Affidavit of P. Kravitz sworn March 7, 2024 | PDF · Subscribers | |
| Bench Brief of the Applicants with Book of Authorities dated March 7, 2024 | PDF · Subscribers | |
| Stalking Horse Purchase Agreement | 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., “Canadian Overseas Petroleum Limited” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/canadian-overseas-petroleum-limited