Proceedings.

Newsco International Energy Services Inc.

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Active
Proceeding
ProposalThe Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3 as amended
File
25-2681862
Filings held30
Last activity20 Oct 2021
On the record2,162 days
Secured debt$57.8K
OverviewSummary updated

Newsco International Energy Services Inc. remains in an active Division I proposal under the Bankruptcy and Insolvency Act, commenced on October 20, 2020 in the Court of King's Bench of Alberta under court file no. 25-2681862, with the Judicature Act, R.S.A. 2000, c. J-2, s. 13(2) also invoked. The Schedule of Creditors Affected by Proposal identifies a single secured claim, $57,807.37 owed to Judith Melville, against a broad unsecured body drawn largely from oilfield-service suppliers, machining and downhole tool vendors, professional firms and utilities. The largest unsecured claims listed are BasinTek LLC/Abaco Drilling Technologies at $391,833.25, Crowe MacKay LLP at $236,250.00, Alberta Assets (2006) Inc. at $196,920.49, Ayotte Enterprises Ltd. at $171,714.42 and Stephan Mravunac c/o Carscallen LLP at $164,910.00. Four claims are scheduled as preferred, ranging from $6,473.08 to $19,993.85, and the Canada Revenue Agency is listed at $56,751.04.

Claims processIf you are owed money

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

Per the Order (Claims Procedure) dated 19 April 2021.

Proceedings AIAsk this case — answers cite the filings
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Case updates26 dated entries · 4 undated
#Sale

The court granted an approval and vesting order. Closing terms, as extracted: Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of conditions.

Source: Sale Approval and Vesting Order

Undated filings4 — no date appears on the document · show
Filing

Proposal Proposal filed

PDF

Claims

Proxy Meeting of creditors

PDF

Claims

Schedule of Creditors Affected by Proposal Claims process approved

PDF

Claims

Voting Letter Claims process approved

PDF

Parties

Debtor

Newsco International Energy Services Inc.

Proposal trustee

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice NixonCourt of King's Bench of Alberta2 orders, Feb 202136 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeBDOOsler, Hoskin & Harcourt LLP12 Nov 2020Service list · 12 Nov 2020
DebtorNewsco International Energy Services Inc.Bennett Jones LLP12 Nov 2020Service list · 12 Nov 2020
CreditorAlberta Assets (2006) LtdMcLeod Law LLP12 Nov 2020Service list · 12 Nov 2020
CreditorCieckview Consulting LtdMcDougall Gauley LLP12 Nov 2020Service list · 12 Nov 2020
CreditorRevolve Industries IncDunphy Best Blocksom LLP12 Nov 2020Service list · 12 Nov 2020
CreditorSteve MravunacCarscallen Leitch LLP12 Nov 2020Service list · 12 Nov 2020
CreditorTaskmaster Technologies IncSmith Thompson Law LLP12 Nov 2020Service list · 12 Nov 2020
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 7 named without a figure
#Priority classCreditorAmountSource
4SecuredJudith MelvilleIndividual listed as secured creditor; possibly related party (name suggests personal guarantor or insider) - role not specified in document — debtor: Newsco International Energy Services Inc.$57.8KSchedule of Creditors Affected by Proposal
7Preferred (BIA s. 136)Jean-Yves Lalondepreferred — debtor: Newsco International Energy Services Inc.$20KSchedule of Creditors Affected by Proposal
7Preferred (BIA s. 136)Patti-Jo Russellpreferred — debtor: Newsco International Energy Services Inc.$16.1KSchedule of Creditors Affected by Proposal
7Preferred (BIA s. 136)Cindy McCubbinpreferred — debtor: Newsco International Energy Services Inc.$7.92KSchedule of Creditors Affected by Proposal
7Preferred (BIA s. 136)Curtis Lee c/o McLeod Lawpreferred — debtor: Newsco International Energy Services Inc.$6.47KSchedule of Creditors Affected by Proposal
8UnsecuredBasinTek LLC/Abaco Drilling Technologiesdebtor: Newsco International Energy Services Inc.$392KSchedule of Creditors Affected by Proposal
8UnsecuredCrowe MacKay LLP · in 7 casesdebtor: Newsco International Energy Services Inc.$236KSchedule of Creditors Affected by Proposal
8UnsecuredAlberta Assets (2006) Inc.debtor: Newsco International Energy Services Inc.$197KSchedule of Creditors Affected by Proposal
8UnsecuredAyotte Enterprises Ltd.debtor: Newsco International Energy Services Inc.$172KSchedule of Creditors Affected by Proposal
8UnsecuredStephan Mravunac C/O Carscallen LLPdebtor: Newsco International Energy Services Inc.$165KSchedule of Creditors Affected by Proposal
8UnsecuredMillennium Manufacturing Inc. · in 2 casesdebtor: Newsco International Energy Services Inc.$130KSchedule of Creditors Affected by Proposal
8UnsecuredElite Engineering Ltd.debtor: Newsco International Energy Services Inc.$127KSchedule of Creditors Affected by Proposal
8UnsecuredCieckview Consulting Ltd.debtor: Newsco International Energy Services Inc.$123KSchedule of Creditors Affected by Proposal
8UnsecuredBurnet, Duckworth & Palmer LLP · in 9 casesdebtor: Newsco International Energy Services Inc.$98.1KSchedule of Creditors Affected by Proposal
8UnsecuredInnova Power Solutionsdebtor: Newsco International Energy Services Inc.$79KSchedule of Creditors Affected by Proposal
8UnsecuredDynomax Drilling Tools Inc. · in 3 casesdebtor: Newsco International Energy Services Inc.$77.2KSchedule of Creditors Affected by Proposal
8UnsecuredCanada Revenue Agency · in 926 casesdebtor: Newsco International Energy Services Inc.$56.8KSchedule of Creditors Affected by Proposal
8UnsecuredRevolve Industries Inc. · in 2 casesdebtor: Newsco International Energy Services Inc.$56.6KSchedule of Creditors Affected by Proposal
8UnsecuredLibertas Industries Inc.debtor: Newsco International Energy Services Inc.$54KSchedule of Creditors Affected by Proposal
8UnsecuredHighside Carbide Ltd. · in 2 casesdebtor: Newsco International Energy Services Inc.$53.9KSchedule of Creditors Affected by Proposal
8UnsecuredAVT Solid Machining Inc.debtor: Newsco International Energy Services Inc.$50.6KSchedule of Creditors Affected by Proposal
8UnsecuredWenzel Downhole Toolsdebtor: Newsco International Energy Services Inc.$48.6KSchedule of Creditors Affected by Proposal
8UnsecuredTaskMaster Technologies Incdebtor: Newsco International Energy Services Inc.$42.8KSchedule of Creditors Affected by Proposal
8UnsecuredTrilogy-Net Incdebtor: Newsco International Energy Services Inc.$39.3KSchedule of Creditors Affected by Proposal
8UnsecuredSabre Downhole Tools Ltd.debtor: Newsco International Energy Services Inc.$32.8KSchedule of Creditors Affected by Proposal
8UnsecuredSullivan Machine Worksdebtor: Newsco International Energy Services Inc.$31.6KSchedule of Creditors Affected by Proposal
8UnsecuredAl Ghaith Oilfield Supplies & Servicesdebtor: Newsco International Energy Services Inc.$29.3KSchedule of Creditors Affected by Proposal
8UnsecuredGreat Western Tong Services (1987) Ltd.debtor: Newsco International Energy Services Inc.$24.2KSchedule of Creditors Affected by Proposal
8UnsecuredWAY-COR Consulting Inc.debtor: Newsco International Energy Services Inc.$23.4KSchedule of Creditors Affected by Proposal
8UnsecuredRAELL INC.debtor: Newsco International Energy Services Inc.$21.1KSchedule of Creditors Affected by Proposal
8UnsecuredMoore's Industrial Service Ltd.debtor: Newsco International Energy Services Inc.$18.6KSchedule of Creditors Affected by Proposal
8UnsecuredBert Baxter Transportation Ltd.debtor: Newsco International Energy Services Inc.$17.6KSchedule of Creditors Affected by Proposal
8UnsecuredMagna Fab Inc.debtor: Newsco International Energy Services Inc.$16.6KSchedule of Creditors Affected by Proposal
8UnsecuredW-Technology, Inc.debtor: Newsco International Energy Services Inc.$15.7KSchedule of Creditors Affected by Proposal
8UnsecuredMICROTESLA Magnetic Field Effects · in 2 casesdebtor: Newsco International Energy Services Inc.$14.8KSchedule of Creditors Affected by Proposal
8UnsecuredMaple Leaf Energy Services Ltd.debtor: Newsco International Energy Services Inc.$12.1KSchedule of Creditors Affected by Proposal
8Unsecured6150498 Manitoba Ltd.debtor: Newsco International Energy Services Inc.$11.3KSchedule of Creditors Affected by Proposal
8UnsecuredG5 Management Ltd. (formerly Highmark Exploration)debtor: Newsco International Energy Services Inc.$11KSchedule of Creditors Affected by Proposal
8UnsecuredJD Factors Corporation c/o Sure Shot Hotshotdebtor: Newsco International Energy Services Inc.$9.3KSchedule of Creditors Affected by Proposal
8UnsecuredInFocus Energy Services Inc.debtor: Newsco International Energy Services Inc.$8.99KSchedule of Creditors Affected by Proposal
8UnsecuredXerox Canada Ltd. · in 72 casesdebtor: Newsco International Energy Services Inc.$8.93KSchedule of Creditors Affected by Proposal
8UnsecuredElizabeth Carbide Componentsdebtor: Newsco International Energy Services Inc.$8.54KSchedule of Creditors Affected by Proposal
8UnsecuredStikeman Elliot LLP · in 4 casesdebtor: Newsco International Energy Services Inc.$8.24KSchedule of Creditors Affected by Proposal
8UnsecuredFederal Express Canada Ltd. · in 69 casesdebtor: Newsco International Energy Services Inc.$8.16KSchedule of Creditors Affected by Proposal
8UnsecuredRod MacDonalddebtor: Newsco International Energy Services Inc.$7.82KSchedule of Creditors Affected by Proposal
8UnsecuredFluidseal (AB) Inc. · in 3 casesdebtor: Newsco International Energy Services Inc.$7.75KSchedule of Creditors Affected by Proposal
8UnsecuredKevin L. Zemp Professional Corporationdebtor: Newsco International Energy Services Inc.$7.64KSchedule of Creditors Affected by Proposal
8UnsecuredAmex Bank of Canada · in 48 casesdebtor: Newsco International Energy Services Inc.$7.25KSchedule of Creditors Affected by Proposal
8UnsecuredBenchmark Safety (2013) Inc.debtor: Newsco International Energy Services Inc.$7.2KSchedule of Creditors Affected by Proposal
8UnsecuredBW Oilfield Consulting Ltd.debtor: Newsco International Energy Services Inc.$7.14KSchedule of Creditors Affected by Proposal
8UnsecuredCole International Inc. · in 11 casesdebtor: Newsco International Energy Services Inc.$7.04KSchedule of Creditors Affected by Proposal
8UnsecuredGeneral Downhole Tools Ltd.debtor: Newsco International Energy Services Inc.$6.62KSchedule of Creditors Affected by Proposal
8UnsecuredHi-Tech Seals Inc. · in 4 casesdebtor: Newsco International Energy Services Inc.$6.31KSchedule of Creditors Affected by Proposal
8UnsecuredGlobal Edge 2020 Inc.debtor: Newsco International Energy Services Inc.$6.17KSchedule of Creditors Affected by Proposal
8UnsecuredInnovative Mechanical Solutions Ltddebtor: Newsco International Energy Services Inc.$5.89KSchedule of Creditors Affected by Proposal
8UnsecuredAmega West Canada, Ltd.debtor: Newsco International Energy Services Inc.$5.67KSchedule of Creditors Affected by Proposal
8UnsecuredTTI, INC. · in 3 casesdebtor: Newsco International Energy Services Inc.$5.04KSchedule of Creditors Affected by Proposal
8UnsecuredDigi-Key Corporation · in 15 casesdebtor: Newsco International Energy Services Inc.$5KSchedule of Creditors Affected by Proposal
8UnsecuredEnmax · in 61 casesdebtor: Newsco International Energy Services Inc.$4.33KSchedule of Creditors Affected by Proposal
8UnsecuredMouser Electronics Inc. · in 4 casesdebtor: Newsco International Energy Services Inc.$3.83KSchedule of Creditors Affected by Proposal
8UnsecuredNational Instruments Corporationdebtor: Newsco International Energy Services Inc.$3.44KSchedule of Creditors Affected by Proposal
8UnsecuredPrairie Hotshotdebtor: Newsco International Energy Services Inc.$3.41KSchedule of Creditors Affected by Proposal
8UnsecuredCrimp Circuitsdebtor: Newsco International Energy Services Inc.$3.36KSchedule of Creditors Affected by Proposal
8UnsecuredManish Malhotradebtor: Newsco International Energy Services Inc.$3KSchedule of Creditors Affected by Proposal
8UnsecuredHunting Titan ULCdebtor: Newsco International Energy Services Inc.$2.91KSchedule of Creditors Affected by Proposal
8UnsecuredBal Seal Engineering Company, Ltd.debtor: Newsco International Energy Services Inc.$2.88KSchedule of Creditors Affected by Proposal
8UnsecuredChariot Express · in 3 casesdebtor: Newsco International Energy Services Inc.$2.58KSchedule of Creditors Affected by Proposal
8UnsecuredSaskatchewan Workers Compensation Board · in 3 casesdebtor: Newsco International Energy Services Inc.$2.56KSchedule of Creditors Affected by Proposal
8UnsecuredCanadian Commercial Security Solutionsdebtor: Newsco International Energy Services Inc.$2.55KSchedule of Creditors Affected by Proposal
8UnsecuredTelus (Internet Service) · in 115 casesdebtor: Newsco International Energy Services Inc.$2.49KSchedule of Creditors Affected by Proposal
8UnsecuredLong View Systems Corporation · in 6 casesdebtor: Newsco International Energy Services Inc.$2.05KSchedule of Creditors Affected by Proposal
8UnsecuredInovic Corp.debtor: Newsco International Energy Services Inc.$2.03KSchedule of Creditors Affected by Proposal
8UnsecuredPulse Directional Technologiesdebtor: Newsco International Energy Services Inc.$1.9KSchedule of Creditors Affected by Proposal
8UnsecuredKRAYDEN Canada- formerly E.B. Peerlessdebtor: Newsco International Energy Services Inc.$1.89KSchedule of Creditors Affected by Proposal
8UnsecuredWaste Connections of Canada · in 22 casesdebtor: Newsco International Energy Services Inc.$1.73KSchedule of Creditors Affected by Proposal
8UnsecuredZone Direct MWD Services Ltd.debtor: Newsco International Energy Services Inc.$1.57KSchedule of Creditors Affected by Proposal
8UnsecuredWestfreight Systems Inc. · in 4 casesdebtor: Newsco International Energy Services Inc.$1.56KSchedule of Creditors Affected by Proposal
8UnsecuredIrwin's Machining & Welding Ltd.debtor: Newsco International Energy Services Inc.$1.48KSchedule of Creditors Affected by Proposal
8UnsecuredDirect Energy Regulated Services · in 58 casesdebtor: Newsco International Energy Services Inc.$1.35KSchedule of Creditors Affected by Proposal
8UnsecuredTelus (Business Connect) · in 115 casesdebtor: Newsco International Energy Services Inc.$1.26KSchedule of Creditors Affected by Proposal
8UnsecuredBlue Bear Hotshotdebtor: Newsco International Energy Services Inc.$1.09KSchedule of Creditors Affected by Proposal
8UnsecuredSprouse Fire and Safety Corp.debtor: Newsco International Energy Services Inc.$1.07KSchedule of Creditors Affected by Proposal
8UnsecuredLloyd Sadd Insurance Brokers · in 3 casesdebtor: Newsco International Energy Services Inc.$1.05KSchedule of Creditors Affected by Proposal
8UnsecuredBell Mobility Inc. · in 26 casesdebtor: Newsco International Energy Services Inc.$925Schedule of Creditors Affected by Proposal
8UnsecuredCINTAS Canada Limited · in 87 casesdebtor: Newsco International Energy Services Inc.$895Schedule of Creditors Affected by Proposal
8UnsecuredX-Act Technologies Ltd.debtor: Newsco International Energy Services Inc.$737Schedule of Creditors Affected by Proposal
8UnsecuredCole International USA Inc. · in 3 casesdebtor: Newsco International Energy Services Inc.$693Schedule of Creditors Affected by Proposal
8UnsecuredCompage Communications Group Ltd.debtor: Newsco International Energy Services Inc.$651Schedule of Creditors Affected by Proposal
8UnsecuredMLT Aikins LLP · in 15 casesdebtor: Newsco International Energy Services Inc.$611Schedule of Creditors Affected by Proposal
8UnsecuredCIBTdebtor: Newsco International Energy Services Inc.$526Schedule of Creditors Affected by Proposal
8UnsecuredMadill - The Office Company · in 16 casesdebtor: Newsco International Energy Services Inc.$262Schedule of Creditors Affected by Proposal
8UnsecuredPraxair Distribution · in 20 casesdebtor: Newsco International Energy Services Inc.$222Schedule of Creditors Affected by Proposal
8UnsecuredCanadian Society of Petroleum Geologistsdebtor: Newsco International Energy Services Inc.$200Schedule of Creditors Affected by Proposal
8UnsecuredApplied Industrial Technologies · in 18 casesdebtor: Newsco International Energy Services Inc.$181Schedule of Creditors Affected by Proposal
8UnsecuredBlends Coffee Roastersdebtor: Newsco International Energy Services Inc.$144Schedule of Creditors Affected by Proposal
8UnsecuredAlberta Printed Circuits Ltd.debtor: Newsco International Energy Services Inc.$112Schedule of Creditors Affected by Proposal
8UnsecuredWitold L. Gutter Barrister & Solicitordebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredSmith Thompson Law LLPdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredMcDougall Gauley LLP · in 4 casesdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredDunphy Best Blocksom LLP · in 2 casesdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredGowling Lafleur Henderson LLP · in 10 casesdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredMcLeod Law LLP · in 2 casesdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
8UnsecuredCarscallen LLP · in 5 casesdebtor: Newsco International Energy Services Inc.$0Schedule of Creditors Affected by Proposal
Sale processAs stated in the filings

Sale approvedthe Proposal will make available $320,000 in funds for the Company's creditors affected by the ProposalForm 40 – Report of Trustee on Proposal · 11 May 2021

PurchaserPriceStatusSource
Sawafi Newsco USA, LLCa sale of substantially all of its assets utilized in North America · asset sale · agreement 1 Feb 2021$320KProposal will make available $320,000 in funds for the Company's creditorsClosed22 Feb 2021Fifth Report of Proposal Trustee
AdvisorsGB Appraisal Canada, ULC (financial advisor)Fourth Report of Proposal Trustee
Closing termsVesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of conditions.Sale Approval and Vesting Order
RecoveriesAs stated in the filings

Unsecured creditors: 8 %. Judith Melville paid in full.Under the plan · vote pendingForm 40 – Report of Trustee on Proposal · 22 Apr 2021

ClassCreditorClaimsRecoveryBasisSource
Deemed trustHer Majesty in Right of Canada and Her Majesty in Right of Alberta (Crown Claims)paid in fullUnder the planvote pendingper the debtorProposal
SecuredJudith Melvillepaid in fullUnder the planvote pendingper the proposal trusteeForm 40 – Report of Trustee on Proposal · 22 Apr 2021
Preferredpaid in fullUnder the planvote pendingper the proposal trusteeForm 40 – Report of Trustee on Proposal · 22 Apr 2021
Unsecured8 %Under the planvote pendingper the proposal trusteeForm 40 – Report of Trustee on Proposal · 22 Apr 2021

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.

Estate financialsReported figures — never derived
Total assets at filing$6.74M

As at 28 Feb 2021 · per Estimated Book Value - unaudited; Estimated Realizable Value as separately assessed · entity - Newsco International Energy Services Inc. (Subsidiaries not included) — Estimated Realizable Value total: $1,598,600. Liabilities are included as part of Exhibit 'C' (secured creditor claims ~$1,861,000, preferred ~$50,500, unsecured ~$2,700,000) and are not summed here per instructions.

Documents
30 filings
DateDocumentFile
Notice of Dispute of ClaimantPDF
Application re: Approval of ProposalPDF
Form 40 – Report of Trustee on Proposal
  • Financial position Assets $6.74M · as at 28 Feb 2021 · per Estimated Book Value - unaudited; Estimated Realizable Value as separately assessed · entity - Newsco International Energy Services Inc. (Subsidiaries not included) — Estimated Realizable Value total: $1,598,600. Liabilities are included as part of Exhibit 'C' (secured creditor claims ~$1,861,000, preferred ~$50,500, unsecured ~$2,700,000) and are not summed here per instructions.
  • Purchaser Sawafi Newsco USA, LLC. · substantially all of Newsco's assets utilized in North America · asset sale · $320K · approved
  • Recovery outcome Entries: per plan; per plan; per plan; per liquidation_alternative; per liquidation_alternative · Stated on: 2021-04-22 · Table missing:
  • Sale outcome Sale approved — the Proposal will make available $320,000 in funds for the Company's creditors affected by the Proposal
PDF
Proposal Trustee's Report on Proposal
  • Purchaser Sawafi Newsco USA, LLC · substantially all of Newsco's assets utilized in North America · asset sale · closed
  • Recovery outcome Entries: per liquidation_alternative; per plan · Stated on: 2021-04-22 · Table missing:
PDF
Form 40.1 – Notice of Hearing of Application for Court Approval of ProposalPDF
Report of Proposal Trustee on Proposal
  • Recovery outcome Entries: per liquidation_alternative; per liquidation_alternative; per plan · Stated on: 2021-04-22 · Table missing:
PDF
Application re: Claims Procedure OrderPDF
Order (Claims Procedure)PDF
Sixth Report of Proposal TrusteePDF
Fifth Report of Proposal Trustee
  • Closing confirmed Closed · 22 Feb 2021 · Sawafi Newsco USA, LLC
  • Purchaser Sawafi Newsco USA, LLC · substantially all of its assets utilized in North America · asset sale · price sealed · closed
  • Sale outcome Sale closed — The Transaction closed on February 22, 2021
PDF
Service list as of February 23, 2021
  • Counsel Osler, Hoskin & Harcourt LLP
PDF
Sale Approval and Vesting Order
  • Closing terms Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of conditions.
  • Order date 10 February 2021
PDF
Sealing Order
  • Presiding officer Justice D.B. Nixon
PDF
Fourth Report of Proposal Trustee
  • Purchaser Sawafi Newsco USA, LLC · a sale of substantially all of its assets utilized in North America · asset sale · price sealed · proposed
  • Sale advisor GB Appraisal Canada, ULC (financial advisor)
  • Sale outcome Approval pending — Proposed Transaction pending court approval, scheduled for hearing on February 10, 2021
PDF
Application re: Sale Approval and Vesting Order and Sealing Order
  • Applicant NEWSCO INTERNATIONAL ENERGY SERVICES INC.
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Court file no 25-2681862
  • Presiding officer Justice D.B. Nixon
  • + 1 more extracted fact
PDF
Third Report of Proposal TrusteePDF
Application re: Extension of Stay
  • Applicant Newsco International Energy Services Inc.
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Court file no 25-2681862
  • Statutory basis The Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3 as amended
PDF
Order re: Extension of Time
  • Presiding officer Justice A.D. Macleod
PDF
Service list as of December 15, 2020
  • Counsel McLeod Law LLP
PDF
Second Report of Proposal TrusteePDF
Application re: Extension of Time, Authorization of Payments and Administration Charge
  • Applicant Newsco International Energy Services Inc.
  • Appointee BDO Canada Limited
  • Appointee role Proposal Trustee
  • Commencement date 20 October 2020
  • + 3 more extracted facts
PDF
Order re: Extension of Time, Authorization of Payments and Administration ChargePDF
Service list as of November 12, 2020
  • Counsel Osler, Hoskin & Harcourt LLP
PDF
First Report of Proposal TrusteePDF
Affidavit of William MelvillePDF
Initial Notification to Creditors .PDF
Proposal
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per liquidation_alternative · Table missing:
PDF
ProxyPDF
Schedule of Creditors Affected by Proposal
  • Secured creditors $57.8K · Note: Individual listed as secured creditor; possibly related party (name suggests personal guarantor or insider) - role not specified in document · Page: 2 · Debtor: Newsco International Energy Services Inc. · Creditor: Judith Melville
  • Unsecured creditors $1.09K · Page: 1 · Basis: Schedule of Creditors Affected by Proposal · Debtor: Newsco International Energy Services Inc. · Creditor: Blue Bear Hotshot
PDF
Voting LetterPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Newsco International Energy Services Inc.” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/newsco-international-energy-services-inc

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/newsco-international-energy-services-inc

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.