Proceedings.

CML Resources Ltd

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Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Court of King's Bench of Alberta
File
4801-123478
Industry
Energy · Oil & gas production
Filings held10
Last activity24 Oct 2008
On the record7,013 days
OverviewSummary updated

CML Resources Ltd is under a court-appointed receivership, commenced on August 24, 2007 in the Court of King's Bench of Alberta, Judicial Centre of Calgary, on the application of Helen Patricia Maglis. Ernst & Young Inc. was appointed receiver and manager, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding carries court file number 4801-123478 and remains active.

Claims processIf you are owed money

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

Per the Claims Process Order dated 20 October 2008.

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Case updates10 dated entries
#Report

The officer filed report no. Second Report. CML continues to operate its oil and gas wells (Fletwode, Bemersyde) and working interests, with the Receiver working to normalize accounting records, resolve outstanding payables, and coordinate an AJM reserve valuation ahead of an eventual sales process; TOJOKO, Silgam and Blackshell are believed to be inactive shell companies. Court file 4801-123478.

Source: Second Report of the Receiver

Parties

Debtor

CML Resources Ltd

Receiver

EY

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredOther payables (utilities, consulting & professional fees, estimated outstanding trade payables, aggregate as reported) · in 2 casesComprised of Utilities $26,750, Consulting & professional fees $108,921, and Estimated outstanding trade payables $250,457; document names no individual creditors within this aggregate — debtor: CML Resources Ltd · as of 14 Sep 2007$386KFirst Report of the Receiver
Unsecured
Unsecured
Unsecured

3 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$1.42M

As at 3 Mar 2008Second Report of the Receiver

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 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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Documents
10 filings
DateDocumentFile
CML Advertisement - EY
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
POC PackagePDF · Subscribers
POC - Cover LetterPDF · Subscribers
Claims Process Order
  • Presiding officer Justice B.L. Rawlins
PDF · Subscribers
Third report of the CML Receiver
  • Applicant HELEN PATRICIA MAGLIS
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver and Manager
  • Commencement date 24 August 2007
  • + 3 more extracted facts
PDF · Subscribers
Amended Amended Order
  • Presiding officer Justice B.L. Rawlins
PDF · Subscribers
Second Report of the Receiver
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver and Manager
  • Commencement date 24 August 2007
  • Cash on hand Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Amended Order
  • Presiding officer Justice K.M. Horner
PDF · Subscribers
First Report of the Receiver
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver – Manager
  • Commencement date 24 August 2007
  • Court IN THE COURT OF QUEEN'S BENCH OF ALBERTA JUDICIAL CENTRE OF CALGARY
  • + 5 more extracted facts
PDF · Subscribers
OrderPDF · Subscribers

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

CiteProceedings., “CML Resources Ltd” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/cml-resources-ltd

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Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/cml-resources-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.