JED Oil Inc
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36 and Business Corporations Act, R.S.A. 2000, c. B-9
- File
- 0801-09492
- Industry
- Energy · Oil & gas production
JED Oil Inc is the subject of proceedings under the Companies' Creditors Arrangement Act, commenced on September 11, 2008 in the Court of King's Bench of Alberta. The applicants are JED Oil Inc., JED Production Inc. and JED Oil (USA) Inc., and Ernst & Young Inc. is the monitor. The matter proceeds under court file number 0801-09492 and remains active.
A claims procedure has been established — see the order for deadlines.
Per the Service List - Schedule A Extension Claims Process Orders dated 18 September 2008.
The officer filed report no. Eleventh Report. The Applicants' operations continued in the normal course with no material adverse changes since the Tenth Report; JED retained its core employees and supplier services and expects to implement the Plan near the end of October 2009.
Source: 11. Eleventh Report of Monitor
The officer filed report no. Tenth Report. JED's operations continue in the normal course with no material adverse changes since the Ninth Report; core employees and supplier services have been retained while Plan of Arrangement negotiations among the stakeholders continue.
Source: 10. Tenth Report of the Monitor
The officer filed report no. Ninth Report. JED's operations continue in the normal course with no material adverse changes, having retained core employees and supplier services; the Plan of Arrangement is being finalized, with a stay extension to August 21, 2009 sought.
Source: 09. Ninth Report of the Monitor
The officer filed report no. Eighth Report of the Monitor. JED's operations continued in the normal course with no material adverse changes since the Seventh Report. It retained its core employees and its suppliers continued services, while working with stakeholders toward a Plan of Arrangement and seeking a stay extension to July 27, 2009.
Source: 08. Eighth Report of the Monitor
The officer filed report no. Seventh Report. JED's operations continued in the normal course with no material adverse changes since the Sixth Report, retaining core employees and supplier services, while a Plan of Arrangement is being drafted with stakeholders.
The officer filed report no. Sixth Report of the Monitor. JED's operations have continued in the normal course with no material adverse changes since the Fifth Report. It retained its core employees and kept supplier services in place while it works toward a Plan of Arrangement.
Source: 06. Sixth Report of the Monitor
The officer filed report no. Fifth Report. JED continues to operate in the normal course with core employees retained, but is hurt by weak commodity prices, production problems (including an ERCB-imposed gas production restriction expected to end April 30, 2009) and a public-company cost structure; its operations are cash-flow negative while stakeholders negotiate a plan of arrangement.
Source: 05. Fifth Report of the Monitor
The officer filed report no. Fourth Report of the Monitor. JED's operations continued in the normal course with no material adverse changes and core employees retained; production was hampered by difficulties restarting gas wells after the Steen plant turnaround. With the sale of the Core Property Assets having failed, JED is pursuing a consensual restructuring plan with its stakeholders and seeking a stay extension to April 17, 2009.
Source: Fourth Report of the Monitor
The officer filed report no. Fourth Report of the Monitor. JED's operations have continued in the normal course with no material adverse changes since the Third Report, retaining core employees and supplier services. The Core Property Asset sale process failed, and JED is now pursuing a restructuring plan of compromise/arrangement without a sale while cutting costs.
Source: 04. Fourth Report of the Monitor
The officer filed report no. Third Report. JED's operations have continued in the normal course with no material adverse changes, with core employees and supplier services retained; the sale process for the Core Property Assets failed and the Monitor and stakeholders are pursuing a consensual restructuring plan of arrangement.
Source: 03. Third Report of the Monitor
The officer filed report no. Second Report. The applicants continue to operate in the normal course with no material adverse changes, retaining core employees and supplier services, with average production of about 1,140 boe/day while pursuing asset sales and restructuring.
Source: 02. Second Report of the Monitor
Debtor
JED Oil Inc
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kent | Court of King's Bench of Alberta | 9 orders, Aug 2008 – Sep 2009 | 15 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorEY | Macleod Dixon LLP (now Norton Rose Fulbright Canada LLP) | 11 Sep 2008 | Service list · 11 Sep 2008 |
| DebtorJED Oil Inc | Fraser Milner Casgrain LLP (now Dentons Canada LLP) | 11 Sep 2008 | Service list · 11 Sep 2008 |
| Creditor1234118 Alberta Ltd. o / a Pinnacle Logging | Mathieu Hryniuk LLP | 12 Feb 2009 | Service list · 12 Feb 2009 |
| Creditor830395 Alberta Ltd. operating as Ace Production Testing | Stefura Greber & Beal LLP | 28 Oct 2009 | Application · 28 Oct 2009 |
| CreditorBaker Hughes Canada Company | Davis LLP (now DLA Piper (Canada) LLP) | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorCanadian Sub-Surface Energy Services Partnership | Burstall Winger LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorCore Energy Solutions Inc | Miller Thomson LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorCreditors Committee | Burnet Duckworth & Palmer LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorEveryready Income Fund | Miller Thomson LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorNational Oil Well | Ackroyd LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorNorthern Bridge & Mat Rentals Ltd | Kay McVey Smith & Carlstrom LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorNoteholders | Borden Ladner Gervais LLP | 14 Aug 2008 | Order · 14 Aug 2008 |
| CreditorOptimal Enterprises Ltd | Mathieu Hryniuk LLP | 12 Feb 2009 | Service list · 12 Feb 2009 |
| CreditorPeak Energy Services Partnership | Burnet Duckworth & Palmer LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
| CreditorPeak Energy Services Partnership Creditors Committee | Burnet Duckworth & Palmer LLP | 11 Dec 2008 | Service list · 11 Dec 2008 |
| CreditorTarpon Energy Services Ltd | Burstall Winger LLP | 18 Sep 2008 | Service list · 18 Sep 2008 |
| CreditorTrican Partnership c.o.b. as Trican Well Service and Trican Well Service Ltd | Davison Worden LLP | 11 Sep 2008 | Service list · 11 Sep 2008 |
Unsecured creditors: paid in full.Under the plan · sanctionedThird Amended and Restated Plan of Arrangement · 28 Sep 2009
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Special Crown Claims | — | paid in fullconditional | Under the plansanctionedper the debtor | Third Amended and Restated Plan of Arrangement · 28 Sep 2009 |
| Secured | — | — | conditional | Under the plansanctionedper the debtor | Third Amended and Restated Plan of Arrangement · 28 Sep 2009 |
| Preferred | lien claims registered before the Noteholder claims (priority claims) | — | paid in full | Under the plansanctionedper the monitor | 07. Seventh Report of the Monitor · 16 Jun 2009 |
| Unsecured | JUSA's Creditors (other than JOI and JPI) | — | paid in fullconditional | Under the plansanctionedper the debtor | Third Amended and Restated Plan of Arrangement · 28 Sep 2009 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansCumulative receipts
$7.77M
As at 11 Dec 200802. Second Report of the Monitor
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Certificate of Monitor | PDF · Subscribers | |
Consent Order
| PDF · Subscribers | |
Notice of Motion - EOS , returnable
| PDF · Subscribers | |
| Affidavit of Jeff Huckle - EOS, sworn | PDF · Subscribers | |
12. Twelfth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Jeff Huckle, sworn | PDF · Subscribers | |
Sanction Order
| PDF · Subscribers | |
| Amended and Restated Information Memorandum | PDF · Subscribers | |
Third Amended and Restated Plan of Arrangement
| PDF · Subscribers | |
Creditors Meeting Order
| PDF · Subscribers | |
Notice of Meeting of Creditors
| PDF · Subscribers | |
Proxy
| PDF · Subscribers | |
Amended Notice of Motion, returnable
| PDF · Subscribers | |
Order - Creditors Meeting
| PDF · Subscribers | |
Order - Late Claims
| PDF · Subscribers | |
11. Eleventh Report of Monitor
| PDF · Subscribers | |
10. Tenth Report of the Monitor
| PDF · Subscribers | |
Order - Stay Extension
| PDF · Subscribers | |
09. Ninth Report of the Monitor
| PDF · Subscribers | |
08. Eighth Report of the Monitor
| PDF · Subscribers | |
07. Seventh Report of the Monitor
| PDF · Subscribers | |
06. Sixth Report of the Monitor
| PDF · Subscribers | |
Letter to Service List
| PDF · Subscribers | |
| Affidavit of Darren Francis, sworn | PDF · Subscribers | |
| Notice of Motion, returnable | PDF · Subscribers | |
05. Fifth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Harold Houlder, sworn | PDF · Subscribers | |
| Affidavit of James Houlder, sworn | PDF · Subscribers | |
| Affidavit of Troy Houlder, sworn | PDF · Subscribers | |
04. Fourth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Richard D. Carmichael, sworn | PDF · Subscribers | |
Service List, updated
| PDF · Subscribers | |
03. Third Report of the Monitor
| PDF · Subscribers | |
| Draft Order | PDF · Subscribers | |
Order
| PDF · Subscribers | |
02. Second Report of the Monitor
| PDF · Subscribers | |
| Affidavit of D. Carmichael, Sworn | PDF · Subscribers | |
Service Letter
| PDF · Subscribers | |
Claims Package
| PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
Service List - Schedule A Extension Claims Process Orders
| PDF · Subscribers | |
Extension Order
| PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
01. First Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Richard D Carmichael, sworn | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Petition
| PDF · Subscribers | |
Initial Order
| 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., “JED Oil Inc” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/jed-oil-inc