Davey Crocket Investments Ltd.
- Proceeding
- ProposalBIA Div. I
- File
- BKY-RG-00258-2024
- Industry
- Energy · Oilfield services
Davey Crocket Investments Ltd. is a debtor in a Division I proposal proceeding under the Bankruptcy and Insolvency Act before the Court of King's Bench for Saskatchewan in Bankruptcy and Insolvency, file BKY-RG-00258-2024, alongside ALX Artificial Lift Werx Ltd., with which it shares director and officer David Heier. Orders granted on November 20, 2024 created an Administrative Charge of up to $150,000 over both debtors' property securing the fees of proposal trustee Ernst & Young Inc., McDougall Gauley LLP and MLT Aikins LLP, and an Interim Financing Charge of up to $300,000 on ALX's property in favour of DCIL, subordinate to BDC, Affinity and Current Financial Corp. A January 31, 2025 affidavit sought to raise that charge to $675,000. Further orders followed on December 18, 2024, February 6, 2025 and April 10, 2025, and the stay has been extended successively to January 15, March 1, April 15 and April 30, 2025.
Davey Crocket Investments Ltd. - Notice of Proposal to Creditors Package — Notice to creditors
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. Third Report. The Companies are winding down ALX's manufacturing and selling remaining Pumpjack Inventory, land and equipment through direct sales and an upcoming auction, while DCIL provides interim financing to fund ALX's operations during the NOI proceedings. Court file BKY-RG-00258-2024.
Source: Third Report of the Trustee
Order Approving Stay Extension and Partial Lift Stay Order was filed.
Source: Order Approving Stay Extension and Partial Lift Stay Order
Order Approving Extension of Stay, Approval of Administrative Charge was filed.
Source: Order Approving Extension of Stay, Approval of Administrative Charge
Debtor
Davey Crocket Investments Ltd.
Proposal trustee
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Smith | Court of King's Bench for Saskatchewan | 2 orders, Dec 2024 – Apr 2025 | 16 cases on record |
| Justice Elson | Court of King's Bench for Saskatchewan | 2 orders, Nov 2024 – Feb 2025 | 17 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeEY | McDougall Gauley LLP | 20 Nov 2024 | Application · 20 Nov 2024 |
| DebtorDavey Crocket Investments 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 | 19 Feb 2025 | Service list · 19 Feb 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Meridian One Cap Credit Corp. · in 4 casesFinancing lease over Marvel MSIW66S 66-ton Iron Worker equipment — Exact dated buy-out amount per Buy Out Invoice (effective until 2025-01-31); ALX intended to pay out before end of February 2025 — debtor: ALX Artificial Lift Werx Ltd. · as of 22 Jan 2025 | $5.24K | Affidavit of David Heier |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
16 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: paid in full.Under the planDavey Crocket Investments Ltd. - Notice of Proposal to Creditors Package · 30 Apr 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Proven Unsecured Claims of Unrelated Persons | — | paid in fullconditional | Under the planper the proposal trustee | Davey Crocket Investments Ltd. - Notice of Proposal to Creditors Package · 30 Apr 2025 |
| Unsecured | Proven Unsecured Claims of Related Persons | — | a distributionconditional | Under the planper the proposal trustee | Davey Crocket Investments Ltd. - Notice of Proposal to Creditors Package · 30 Apr 2025 |
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 ·
Cash on hand
$27.1K
As at 24 Jan 2025Third Report of the Trustee
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
| Certificate of Filing an Amended Proposal | PDF · Subscribers | |
DCIL - Order Approving Sale of Land, and Vesting Order
| Trustee site | |
DCIL - Order Approving Sale of Pumpjacks, and Vesting Order
| Trustee site | |
| DCIL - Order Approving the Distribution of Auction Proceeds | Trustee site | |
| Fifth Report of the Proposal Trustee | PDF · Subscribers | |
Davey Crocket Investments Ltd. - Notice of Proposal to Creditors Package
| PDF · Subscribers | |
| Certificate of Filing a Division 1 Proposal | 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 | |
Service List
| PDF · Subscribers | |
Affidavit of David Heier
| PDF · Subscribers | |
| DCIL - Brief of Law | PDF · Subscribers | |
DCIL - Order Approving Extension
| PDF · Subscribers | |
Third Report of the Trustee
| PDF · Subscribers | |
Order Approving Stay Extension and Partial Lift Stay Order
| PDF · Subscribers | |
Service List from the December 18th, 2024 Application
| PDF · Subscribers | |
| Second Report of the Trustee | PDF · Subscribers | |
Order Approving Extension of Stay, Approval of Administrative Charge
| PDF · Subscribers | |
Service List from the November 20th, 2024 Application
| PDF · Subscribers | |
First Report of the Trustee
| PDF · Subscribers | |
Davey Crocket Investments Ltd. - Notice to Creditors Package
| PDF · Subscribers | |
| Certificate for the Notice of Intention - 22-3148822 | 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., “Davey Crocket Investments Ltd.” (Proposal), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/davey-crocket-investments-ltd