Newsco International Energy Services Inc.
Follow- Proceeding
- ProposalThe Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3 as amended
- File
- 25-2681862
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.
A claims procedure has been established — see the order for deadlines.
Per the Order (Claims Procedure) dated 19 April 2021.
Form 40.1 – Notice of Hearing of Application for Court Approval of Proposal — Notice of hearing
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
Application re: Sale Approval and Vesting Order and Sealing Order — Application / notice of application
Order re: Extension of Time, Authorization of Payments and Administration Charge — Order (other)
Newsco filed a Notice of Intention to make a proposal, commencing Division I proposal proceedings in Alberta under court file number 25-2681862.
Source: Application re: Extension of Time, Authorization of Payments and Administration Charge
Debtor
Newsco International Energy Services Inc.
Proposal trustee
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Nixon | Court of King's Bench of Alberta | 2 orders, Feb 2021 | 36 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeBDO | Osler, Hoskin & Harcourt LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| DebtorNewsco International Energy Services Inc. | Bennett Jones LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| CreditorAlberta Assets (2006) Ltd | McLeod Law LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| CreditorCieckview Consulting Ltd | McDougall Gauley LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| CreditorRevolve Industries Inc | Dunphy Best Blocksom LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| CreditorSteve Mravunac | Carscallen Leitch LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| CreditorTaskmaster Technologies Inc | Smith Thompson Law LLP | 12 Nov 2020 | Service list · 12 Nov 2020 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Judith 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. | $57.8K | Schedule of Creditors Affected by Proposal |
| 7 | Preferred (BIA s. 136) | Jean-Yves Lalondepreferred — debtor: Newsco International Energy Services Inc. | $20K | Schedule of Creditors Affected by Proposal |
| 7 | Preferred (BIA s. 136) | Patti-Jo Russellpreferred — debtor: Newsco International Energy Services Inc. | $16.1K | Schedule of Creditors Affected by Proposal |
| 7 | Preferred (BIA s. 136) | Cindy McCubbinpreferred — debtor: Newsco International Energy Services Inc. | $7.92K | Schedule of Creditors Affected by Proposal |
| 7 | Preferred (BIA s. 136) | Curtis Lee c/o McLeod Lawpreferred — debtor: Newsco International Energy Services Inc. | $6.47K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | BasinTek LLC/Abaco Drilling Technologiesdebtor: Newsco International Energy Services Inc. | $392K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Crowe MacKay LLP · in 7 casesdebtor: Newsco International Energy Services Inc. | $236K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Alberta Assets (2006) Inc.debtor: Newsco International Energy Services Inc. | $197K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Ayotte Enterprises Ltd.debtor: Newsco International Energy Services Inc. | $172K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Stephan Mravunac C/O Carscallen LLPdebtor: Newsco International Energy Services Inc. | $165K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Millennium Manufacturing Inc. · in 2 casesdebtor: Newsco International Energy Services Inc. | $130K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Elite Engineering Ltd.debtor: Newsco International Energy Services Inc. | $127K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Cieckview Consulting Ltd.debtor: Newsco International Energy Services Inc. | $123K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Burnet, Duckworth & Palmer LLP · in 9 casesdebtor: Newsco International Energy Services Inc. | $98.1K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Innova Power Solutionsdebtor: Newsco International Energy Services Inc. | $79K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Dynomax Drilling Tools Inc. · in 3 casesdebtor: Newsco International Energy Services Inc. | $77.2K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesdebtor: Newsco International Energy Services Inc. | $56.8K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Revolve Industries Inc. · in 2 casesdebtor: Newsco International Energy Services Inc. | $56.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Libertas Industries Inc.debtor: Newsco International Energy Services Inc. | $54K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Highside Carbide Ltd. · in 2 casesdebtor: Newsco International Energy Services Inc. | $53.9K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | AVT Solid Machining Inc.debtor: Newsco International Energy Services Inc. | $50.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Wenzel Downhole Toolsdebtor: Newsco International Energy Services Inc. | $48.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | TaskMaster Technologies Incdebtor: Newsco International Energy Services Inc. | $42.8K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Trilogy-Net Incdebtor: Newsco International Energy Services Inc. | $39.3K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Sabre Downhole Tools Ltd.debtor: Newsco International Energy Services Inc. | $32.8K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Sullivan Machine Worksdebtor: Newsco International Energy Services Inc. | $31.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Al Ghaith Oilfield Supplies & Servicesdebtor: Newsco International Energy Services Inc. | $29.3K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Great Western Tong Services (1987) Ltd.debtor: Newsco International Energy Services Inc. | $24.2K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | WAY-COR Consulting Inc.debtor: Newsco International Energy Services Inc. | $23.4K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | RAELL INC.debtor: Newsco International Energy Services Inc. | $21.1K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Moore's Industrial Service Ltd.debtor: Newsco International Energy Services Inc. | $18.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Bert Baxter Transportation Ltd.debtor: Newsco International Energy Services Inc. | $17.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Magna Fab Inc.debtor: Newsco International Energy Services Inc. | $16.6K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | W-Technology, Inc.debtor: Newsco International Energy Services Inc. | $15.7K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | MICROTESLA Magnetic Field Effects · in 2 casesdebtor: Newsco International Energy Services Inc. | $14.8K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Maple Leaf Energy Services Ltd.debtor: Newsco International Energy Services Inc. | $12.1K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | 6150498 Manitoba Ltd.debtor: Newsco International Energy Services Inc. | $11.3K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | G5 Management Ltd. (formerly Highmark Exploration)debtor: Newsco International Energy Services Inc. | $11K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | JD Factors Corporation c/o Sure Shot Hotshotdebtor: Newsco International Energy Services Inc. | $9.3K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | InFocus Energy Services Inc.debtor: Newsco International Energy Services Inc. | $8.99K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Xerox Canada Ltd. · in 72 casesdebtor: Newsco International Energy Services Inc. | $8.93K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Elizabeth Carbide Componentsdebtor: Newsco International Energy Services Inc. | $8.54K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Stikeman Elliot LLP · in 4 casesdebtor: Newsco International Energy Services Inc. | $8.24K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Federal Express Canada Ltd. · in 69 casesdebtor: Newsco International Energy Services Inc. | $8.16K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Rod MacDonalddebtor: Newsco International Energy Services Inc. | $7.82K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Fluidseal (AB) Inc. · in 3 casesdebtor: Newsco International Energy Services Inc. | $7.75K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Kevin L. Zemp Professional Corporationdebtor: Newsco International Energy Services Inc. | $7.64K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Amex Bank of Canada · in 48 casesdebtor: Newsco International Energy Services Inc. | $7.25K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Benchmark Safety (2013) Inc.debtor: Newsco International Energy Services Inc. | $7.2K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | BW Oilfield Consulting Ltd.debtor: Newsco International Energy Services Inc. | $7.14K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Cole International Inc. · in 11 casesdebtor: Newsco International Energy Services Inc. | $7.04K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | General Downhole Tools Ltd.debtor: Newsco International Energy Services Inc. | $6.62K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Hi-Tech Seals Inc. · in 4 casesdebtor: Newsco International Energy Services Inc. | $6.31K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Global Edge 2020 Inc.debtor: Newsco International Energy Services Inc. | $6.17K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Innovative Mechanical Solutions Ltddebtor: Newsco International Energy Services Inc. | $5.89K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Amega West Canada, Ltd.debtor: Newsco International Energy Services Inc. | $5.67K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | TTI, INC. · in 3 casesdebtor: Newsco International Energy Services Inc. | $5.04K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Digi-Key Corporation · in 15 casesdebtor: Newsco International Energy Services Inc. | $5K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Enmax · in 61 casesdebtor: Newsco International Energy Services Inc. | $4.33K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Mouser Electronics Inc. · in 4 casesdebtor: Newsco International Energy Services Inc. | $3.83K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | National Instruments Corporationdebtor: Newsco International Energy Services Inc. | $3.44K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Prairie Hotshotdebtor: Newsco International Energy Services Inc. | $3.41K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Crimp Circuitsdebtor: Newsco International Energy Services Inc. | $3.36K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Manish Malhotradebtor: Newsco International Energy Services Inc. | $3K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Hunting Titan ULCdebtor: Newsco International Energy Services Inc. | $2.91K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Bal Seal Engineering Company, Ltd.debtor: Newsco International Energy Services Inc. | $2.88K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Chariot Express · in 3 casesdebtor: Newsco International Energy Services Inc. | $2.58K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Saskatchewan Workers Compensation Board · in 3 casesdebtor: Newsco International Energy Services Inc. | $2.56K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Canadian Commercial Security Solutionsdebtor: Newsco International Energy Services Inc. | $2.55K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Telus (Internet Service) · in 115 casesdebtor: Newsco International Energy Services Inc. | $2.49K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Long View Systems Corporation · in 6 casesdebtor: Newsco International Energy Services Inc. | $2.05K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Inovic Corp.debtor: Newsco International Energy Services Inc. | $2.03K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Pulse Directional Technologiesdebtor: Newsco International Energy Services Inc. | $1.9K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | KRAYDEN Canada- formerly E.B. Peerlessdebtor: Newsco International Energy Services Inc. | $1.89K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Waste Connections of Canada · in 22 casesdebtor: Newsco International Energy Services Inc. | $1.73K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Zone Direct MWD Services Ltd.debtor: Newsco International Energy Services Inc. | $1.57K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Westfreight Systems Inc. · in 4 casesdebtor: Newsco International Energy Services Inc. | $1.56K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Irwin's Machining & Welding Ltd.debtor: Newsco International Energy Services Inc. | $1.48K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Direct Energy Regulated Services · in 58 casesdebtor: Newsco International Energy Services Inc. | $1.35K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Telus (Business Connect) · in 115 casesdebtor: Newsco International Energy Services Inc. | $1.26K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Blue Bear Hotshotdebtor: Newsco International Energy Services Inc. | $1.09K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Sprouse Fire and Safety Corp.debtor: Newsco International Energy Services Inc. | $1.07K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Lloyd Sadd Insurance Brokers · in 3 casesdebtor: Newsco International Energy Services Inc. | $1.05K | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Bell Mobility Inc. · in 26 casesdebtor: Newsco International Energy Services Inc. | $925 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | CINTAS Canada Limited · in 87 casesdebtor: Newsco International Energy Services Inc. | $895 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | X-Act Technologies Ltd.debtor: Newsco International Energy Services Inc. | $737 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Cole International USA Inc. · in 3 casesdebtor: Newsco International Energy Services Inc. | $693 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Compage Communications Group Ltd.debtor: Newsco International Energy Services Inc. | $651 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | MLT Aikins LLP · in 15 casesdebtor: Newsco International Energy Services Inc. | $611 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | CIBTdebtor: Newsco International Energy Services Inc. | $526 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Madill - The Office Company · in 16 casesdebtor: Newsco International Energy Services Inc. | $262 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Praxair Distribution · in 20 casesdebtor: Newsco International Energy Services Inc. | $222 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Canadian Society of Petroleum Geologistsdebtor: Newsco International Energy Services Inc. | $200 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Applied Industrial Technologies · in 18 casesdebtor: Newsco International Energy Services Inc. | $181 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Blends Coffee Roastersdebtor: Newsco International Energy Services Inc. | $144 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Alberta Printed Circuits Ltd.debtor: Newsco International Energy Services Inc. | $112 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Witold L. Gutter Barrister & Solicitordebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Smith Thompson Law LLPdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | McDougall Gauley LLP · in 4 casesdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Dunphy Best Blocksom LLP · in 2 casesdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Gowling Lafleur Henderson LLP · in 10 casesdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | McLeod Law LLP · in 2 casesdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
| 8 | Unsecured | Carscallen LLP · in 5 casesdebtor: Newsco International Energy Services Inc. | $0 | Schedule of Creditors Affected by Proposal |
Sale approved — the 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
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 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 creditors | Closed22 Feb 2021 | Fifth Report of Proposal Trustee |
Unsecured creditors: 8 %. Judith Melville paid in full.Under the plan · vote pendingForm 40 – Report of Trustee on Proposal · 22 Apr 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Her Majesty in Right of Canada and Her Majesty in Right of Alberta (Crown Claims) | — | paid in full | Under the planvote pendingper the debtor | Proposal |
| Secured | Judith Melville | — | paid in full | Under the planvote pendingper the proposal trustee | Form 40 – Report of Trustee on Proposal · 22 Apr 2021 |
| Preferred | — | — | paid in full | Under the planvote pendingper the proposal trustee | Form 40 – Report of Trustee on Proposal · 22 Apr 2021 |
| Unsecured | — | — | 8 % | Under the planvote pendingper the proposal trustee | Form 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.
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.
| Date | Document | File |
|---|---|---|
| Notice of Dispute of Claimant | ||
| Application re: Approval of Proposal | ||
Form 40 – Report of Trustee on Proposal
| ||
Proposal Trustee's Report on Proposal
| ||
| Form 40.1 – Notice of Hearing of Application for Court Approval of Proposal | ||
Report of Proposal Trustee on Proposal
| ||
| Application re: Claims Procedure Order | ||
| Order (Claims Procedure) | ||
| Sixth Report of Proposal Trustee | ||
Fifth Report of Proposal Trustee
| ||
Service list as of February 23, 2021
| ||
Sale Approval and Vesting Order
| ||
Sealing Order
| ||
Fourth Report of Proposal Trustee
| ||
Application re: Sale Approval and Vesting Order and Sealing Order
| ||
| Third Report of Proposal Trustee | ||
Application re: Extension of Stay
| ||
Order re: Extension of Time
| ||
Service list as of December 15, 2020
| ||
| Second Report of Proposal Trustee | ||
Application re: Extension of Time, Authorization of Payments and Administration Charge
| ||
| Order re: Extension of Time, Authorization of Payments and Administration Charge | ||
Service list as of November 12, 2020
| ||
| First Report of Proposal Trustee | ||
| Affidavit of William Melville | ||
| Initial Notification to Creditors . | ||
Proposal
| ||
| Proxy | ||
Schedule of Creditors Affected by Proposal
| ||
| Voting Letter | ||
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