Q-Tek Tankers Ltd. is subject to a Division I proposal under the Bankruptcy and Insolvency Act, commenced January 18, 2017, in the Court of King's Bench of Alberta (court file no. 24-2208537), with Grant Thornton Limited appointed trustee. A Form 33 list of creditors with claims of $250 or more names Vision Credit Union Ltd. - Viking Branch (formerly Battle River Credit Union Ltd.) for $775,000.00, without the list classifying that claim as secured. Other large claims include Maynards Financial Leasing Inc. for $583,500.00, Prairie Fuels for $253,714.00, Steam-N-Steve's Oilfield Services Ltd. for $200,000.00, and Paccar Financial Services Ltd. for $95,835.00, among numerous smaller trade creditors.
The officer filed report no. Report of Trustee on the Proposal. The Company continues to operate as an oil and gas hauling business under its Proposal, with 14 employees remaining employed; revenue has fallen from about $8 million to about $3.5 million. Court file 24-2208537.
Debtor
Q-Tek Tankers Ltd.
Proposal trustee
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Vision Credit Union Ltd. - Viking Branch (formerly Battle River Credit Union Ltd.)as of NOI filing date — listed on this creditors' list without security details stated; may hold security but document does not classify it as secured — debtor: Q-Tek Tankers Ltd. | $775K | Notice of Intention Creditors Package - January 20, 2017 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
35 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Report of Trustee on the Proposal - March 15, 2017
| PDF · Subscribers | |
Proposal Package to Creditors - February 22, 2017
| PDF · Subscribers | |
Notice of Intention Creditors Package - January 20, 2017
| 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., “Q-Tek Tankers Ltd.” (Proposal), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/q-tek-tankers-ltd
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/q-tek-tankers-ltd
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.