Enerstar Petroleum Corp.
- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 25-3060090
- Industry
- Energy · Oil & gas production
Enerstar Petroleum Corp. filed a notice of intention to make a proposal under section 50.4 of the BIA on March 25, 2024, in Alberta, with Grant Thornton Limited as Proposal Trustee. The proceedings are active and are being administered alongside Taber Water Disposal Inc. An April 22, 2024 order granted an administration charge of up to $500,000 over the property of both companies, securing the fees and costs of the Proposal Trustee, its independent counsel and counsel to the companies. A May 2, 2024 order granted Luxur Resources Inc., as Interim Lender, a second-priority Interim Lender's Charge of $400,000 and authorized borrowings of up to $300,000; those amounts were increased to $500,000 and $400,000 respectively on June 7, 2024. Luxur is also the purchaser under the Transaction, as a related and interested party.
A claims procedure has been established — see the order for deadlines.
Per the Notice dated July 26, 2024 dated 26 July 2024.
Application - Approval The Proposal of Taber Water Disposal Inc. — Application / notice of application
Application by Taber Water to approve Asset Purchase Agreement — Application / notice of application
The officer filed report no. Fifth Report of the Proposal Trustee. TWD continued operating and funding Enerstar's NOI proceedings until Enerstar's deemed bankruptcy on September 9, 2024, while working toward sale of its remaining assets to Luxur to fund its proposal, with professional fees accruing to be paid from sale proceeds.
Source: Fifth Report of the Proposal Trustee - Filed October 7,2024
The officer filed a report. Enerstar ceased operations due to litigation costs from its joint venture disputes, holds no premises, bank accounts or employees, and its remaining interest in the joint venture was sold in the NOI proceedings; it is now a deemed bankrupt with a modest equipment asset and unlikely distribution to unsecured creditors.
Source: Trustee's Preliminary Report dated September 27, 2024
Application for Extension of Time to File Proposal filed July 17, 2024 — Application / notice of application
Application for Extension of Time to File Proposal filed May 27, 2024 — Application / notice of application
First Supplemental Report of The Proposal Trustee filed April 30, 2024 — Court officer report
Certificate for the Notice of Intention dated March 25, 2024 was filed. Court file 25-3060097.
Source: Certificate for the Notice of Intention dated March 25, 2024
Debtor
Enerstar Petroleum Corp.
Proposal trustee
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Nielsen | Court of King's Bench of Alberta | 1 order, Jul 2024 | 31 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeDoane Grant Thornton | MLT Aikins LLP | 18 Apr 2024 | Service list · 18 Apr 2024 |
| ApplicantEnerstar Petroleum Corp. | Miller Thomson LLP | 18 Apr 2024 | Service list · 18 Apr 2024 |
| CreditorMail | Accelerate LLP · Cassels Brock & Blackwell LLP · Field Law | 18 Apr 2024 | Service list · 18 Apr 2024 |
| CreditorTaber Water Disposal Inc | Miller Thomson LLP | 15 Oct 2024 | Factum · 15 Oct 2024 |
| CreditorTitle Shot Oil Inc and Whitehaven Beach Capital Corp | Code Hunter LLP | 18 Apr 2024 | Service list · 18 Apr 2024 |
| CreditorWhitehaven Beach Capital Corp. and Title Shot Oil Inc | Code Hunter LLP | 13 Nov 2024 | Factum · 13 Nov 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Luxur Resources Inc. (Interim Lender) · in 2 casesas of May 2, 2024 order (as increased June 7, 2024) — Interim Lender's Charge - second priority charge against the Companies' property, in the amount of $500,000 (increased from $400,000); Companies authorized to borrow up to $400,000 (increased from $300,000) from Interim Lender — Interim financing/DIP-type charge granted by court order; Purchaser in the Transaction is the same Luxur Resources Inc., a related/interested party — debtor: Taber Water Disposal Inc. and Enerstar Petroleum Corp. | — | Application by Taber Water to approve Asset Purchase Agreement |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: a distribution. CRA paid in full.Under the planApplication - Approval The Proposal of Taber Water Disposal Inc. · 15 Oct 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | Under the planper the proposal trustee | Fifth Report of the Proposal Trustee - Filed October 7,2024 · 7 Oct 2024 |
| Secured | — | — | paid in full | Under the planper the proposal trustee | Fifth Report of the Proposal Trustee - Filed October 7,2024 · 7 Oct 2024 |
| Unsecured | creditors with Convenience Claims | — | a distributionconditional | Under the planper the proposal trustee | Application - Approval The Proposal of Taber Water Disposal Inc. · 15 Oct 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 |
|---|---|---|
| FILED Amended Application (263 Alberta) | PDF · Subscribers | |
| Supplemental Bench Brief | PDF · Subscribers | |
| Supplemental Book of Authorities | PDF · Subscribers | |
| Filed-2024-11-13-Supplemental-Brief | PDF · Subscribers | |
Filed-2024-11-13-Supplemental-Brief-Attachments
| PDF · Subscribers | |
| Undertakings of Alexander Von Gramatzki from Questioning on November 1 2024 | PDF · Subscribers | |
| Questioning Transcript of Von Gramatzki Alexander | PDF · Subscribers | |
Application - Approval The Proposal of Taber Water Disposal Inc.
| PDF · Subscribers | |
Application by Taber Water to approve Asset Purchase Agreement
| PDF · Subscribers | |
Bench Brief of the Applicant - Filed October 7,2024
| PDF · Subscribers | |
Brief of Taber Water re Application to Approve Asset Sale Purchase Agreement
| PDF · Subscribers | |
| FILED Supplemental Affidavit of Peter Cheung sworn October 9 2024 | PDF · Subscribers | |
Fifth Report of the Proposal Trustee - Filed October 7,2024
| PDF · Subscribers | |
| Affidavit No. 6 of Mark Coney re Application to Approve Asset Purchase Agreement | PDF · Subscribers | |
Trustee's Preliminary Report dated September 27, 2024
| PDF · Subscribers | |
| FILED Affidavit of Peter Cheung sworn September 23 2024 | PDF · Subscribers | |
Certificate of Appointment dated September 9, 2024
| PDF · Subscribers | |
| Affidavit No. 5 of Mark Coney sworn July 29, 2024 | PDF · Subscribers | |
| Application for SAVO filed July 29, 2024 | PDF · Subscribers | |
| Fourth Report of the Proposal Trustee filed July 29, 2024 | PDF · Subscribers | |
| Notice dated July 26, 2024 | PDF · Subscribers | |
Claim Procedure Order (Schedules Removed)
| PDF · Subscribers | |
| Schedule B Proof of Claim | PDF · Subscribers | |
| Third Report of the Proposal Trustee filed July 19, 2024 | PDF · Subscribers | |
| Application for Extension of Time to File Proposal filed July 17, 2024 | PDF · Subscribers | |
| Affidavit No. 4 of Mark Coney sworn July 15, 2024 | PDF · Subscribers | |
| Second Supplemental Report of the Proposal Trustee filed June 6, 2024 | PDF · Subscribers | |
| Second Report of the Proposal Trustee filed May 28, 2024 | PDF · Subscribers | |
| Application for Extension of Time to File Proposal filed May 27, 2024 | PDF · Subscribers | |
| Affidavit No. 3 of Mark Coney sworn May 24, 2024 | PDF · Subscribers | |
| First Supplemental Report of The Proposal Trustee filed April 30, 2024 | PDF · Subscribers | |
| Letter to Service List - April 29, 2024 | PDF · Subscribers | |
| Affidavit No. 2 of Mark Coney sworn April 21, 2024 | PDF · Subscribers | |
Service List - April 18, 2024
| PDF · Subscribers | |
| First Report of Proposal Trustee dated April 17, 2024 | PDF · Subscribers | |
| Affidavit No. 1 of Mark Coney sworn April 15, 2024 | PDF · Subscribers | |
| Notice to Creditors dated March 28, 2024 | PDF · Subscribers | |
Certificate for the Notice of Intention dated March 25, 2024
| PDF · Subscribers | |
| Schedule A Claims Notice | 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., “Enerstar Petroleum Corp.” (NOI), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/enerstar-petroleum-corp