Revitalize Energy Inc.

Revitalize Energy Inc. is under receivership before the Court of King's Bench of Alberta (file no. 2501-00481), commenced January 20, 2025 under BIA s. 243 and the province's Judicature Act, with the Orphan Well Association named as appointer of the Receiver and a secured claimant of $93,026.78. Other secured creditors listed include ARC LPW LLC, Toronto Dominion Bank, Trivecta Energy Inc., Callahan Services ($149,996.84), Swift Oilfield Supply Inc. ($30,864.05) and the County of Vermillion River No. 24 ($90,117.47). Book records as at December 31, 2022 put total assets at $17,628,176 at the entity level, excluding licensed Saskatchewan oil and gas assets, with no liabilities figure given. A listing of creditors filed in the proceeding names well over one hundred unsecured claimants, including trade suppliers, individual royalty holders, rural municipalities and Crown claims from the Alberta Energy Regulator, the Government of Alberta and the Receiver General for GST.