Proceedings.

Rock Well Petroleum Inc

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Proceeding
CCAA11 U.S.C. §§ 1517(d) and 350 of the Bankruptcy Code
File
0801-15720
Filings held77
Last activity6 Oct 2009
On the record6,534 days
OverviewSummary updated

Rock Well Petroleum Inc has been under Companies' Creditors Arrangement Act protection since December 15, 2008, with the Alberta proceedings remaining active. The matter also stands before the United States Bankruptcy Court for the District of Wyoming as Case No. 08-20802, where the statutory footing invoked is 11 U.S.C. §§ 1517(d) and 350 of the Bankruptcy Code, the provisions governing modification of an order recognizing a foreign proceeding and the closing of a case.

Claims processIf you are owed money

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

Per the Order Granting Omnibus Motion for Claims Procedure dated 8 June 2009.

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Case updates77 dated entries
#Report

The officer filed report no. Seventh Report. Rock Well continues to operate under CCAA protection while pursuing implementation of its Plan of Arrangement; its DIP financing facility is fully drawn and production has resumed at the Poison Spider field in the U.S.

Source: 07. Seventh Report of the Monitor

#Report

The officer filed report no. Sixth Report. Rock Well continues to operate while pursuing a CCAA Plan and Exit Facility financing to emerge from insolvency, remains cash flow negative, and is undertaking cost-cutting and asset-sale initiatives to fund a restructured, recapitalized business.

Source: 06. Sixth Report of the Monitor

#Report

The officer filed report no. Amended Fifth Report. Rock Well continues operating oil and gas assets while pursuing a CCAA Plan and a US exit strategy, selling idle/redundant assets, seeking new financing, and evaluating unsolicited offers to purchase substantial assets.

Source: 05. Amended Fifth Report of the Monitor

#Report

The officer filed report no. Fourth Report of the Monitor. Rock Well continues restructuring efforts, cost-cutting, and pursuing sale of idle/redundant assets while retaining its oil and gas properties, with ongoing negotiations, claims processes, and disputes over ownership of a nitrogen generating unit.

Source: 04. Fourth Report of the Monitor

#Report

The officer filed report no. Third Report. The Applicants obtained Chapter 15 recognition (Rock Well Canada as foreign main, the others as foreign non-main), secured DIP financing of up to $5 million ($2 million drawn), changed directors and officers with terminations saving about $50,000 monthly, and seek approval of a Canadian claims process with a May 22, 2009 bar date.

Source: 03. Third Report of the Monitor

#Report

The officer filed report no. Second Report. The Monitor reports no material change to operations since the First Report, a maintained reduced workforce, and generally continued support from critical vendors; the company expects to run out of cash by mid-February 2009 without DIP financing.

Source: 02. Second Report of the Monitor

#Report

The officer filed report no. First Report. Following the Initial Order, Rock Well has not seen a material change to operations, has kept its reduced workforce (about 43 employees, down from 309) and has generally had critical vendor support. Without DIP financing or asset sales it would likely run out of cash shortly after February 6, 2009.

Source: 01. First Report of the Monitor

Parties

Debtor

Rock Well Petroleum Inc

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HornerCourt of King's Bench of Alberta7 orders, Dec 2008 – Sep 200978 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorBrent RBrent R. Cohen, Esq., Rothgerber Johnson & Lyons LLP17 Dec 2008Order · 17 Dec 2008
RecoveriesAs stated in the filings

Unsecured creditors: a distribution.07. Seventh Report of the Monitor · 21 Sep 2009

ClassCreditorClaimsRecoveryBasisSource
Deemed trustSpecial Crown Claims—paid in fullUnder the plansanctionedper the debtorPlan Of Arrangement · 19 Aug 2009
Unsecured——per the monitor07. Seventh Report of the Monitor · 21 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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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$19K USD

As at 28 Jan 200902. Second Report of the Monitor

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
77 filings
DateDocumentFile
Implementation Notice
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Granting Motion to Dismiss Chapter 15 CasesPDF · Subscribers
Sanction Order
  • Presiding officer Justice K. Horner
PDF · Subscribers
07. Seventh Report of the Monitor
  • Operational summary Rock Well continues to operate under CCAA protection while pursuing implementation of its Plan of Arrangement; its DIP financing facility is fully drawn and production has resumed at the Poison Spider field in the U.S.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Affidavit of Richard Couillard, swornPDF · Subscribers
Plan of Arrangement ProxyPDF · Subscribers
Debtors' Motion to Dismiss Chapter 15 Cases
  • Court UNITED STATES BANKRUPTCY COURT DISTRICT OF WYOMING
  • Court file no Case No. 08-20802
  • Recovery outcome Entries: per plan · Table missing:
  • Statutory basis 11 U.S.C. §§ 1517(d) and 350 of the Bankruptcy Code
PDF · Subscribers
Order - Creditors Meeting
  • Presiding officer Justice S. Lovecchio
PDF · Subscribers
06. Sixth Report of the Monitor
  • Operational summary Rock Well continues to operate while pursuing a CCAA Plan and Exit Facility financing to emerge from insolvency, remains cash flow negative, and is undertaking cost-cutting and asset-sale initiatives to fund a restructured, recapitalized business.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Affidavit of Richard Couillard - Plan of Arrangement, swornPDF · Subscribers
Plan Of Arrangement
  • Recovery outcome Entries: per plan; per plan; per plan · Table missing:
PDF · Subscribers
Rock Well Petroleum (US) Inc. Schedule E - Unsecured Priority Claims Amended 06.24.09
PDF · Subscribers
05. Amended Fifth Report of the Monitor
  • Operational summary Rock Well continues operating oil and gas assets while pursuing a CCAA Plan and a US exit strategy, selling idle/redundant assets, seeking new financing, and evaluating unsolicited offers to purchase substantial assets.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Greybull Petroleum Schedule D - Secured Claims
PDF · Subscribers
Greybull Petroleum Schedule E - Unsecured Priority Claims
PDF · Subscribers
Greybull Petroleum Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
Greybull Petroleum Schedule G - Executory Contracts and Unexpired LeasesPDF · Subscribers
Jones Draw Petroleum Schedule D - Secured Claims
PDF · Subscribers
Jones Draw Petroleum Schedule E - Unsecured Priority Claims
PDF · Subscribers
Jones Draw Petroleum Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
Jones Draw Petroleum Schedule G - Executory Contracts and Unexpired Leases
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Granting Omnibus Motion for Claims ProcedurePDF · Subscribers
Osage Petroleum Schedule D - Secured Claims
PDF · Subscribers
Osage Petroleum Schedule E - Unsecured Priority Claims
PDF · Subscribers
Osage Petroleum Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
Osage Petroleum Schedule G - Executory Contracts and Unexpired LeasesPDF · Subscribers
Poison Spider Petroleum Schedule D - Secured Claims
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Poison Spider Petroleum Schedule E - Unsecured Priority Claims
PDF · Subscribers
Poison Spider Petroleum Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
Poison Spider Petroleum Schedule G - Executory Contracts and Unexpired LeasesPDF · Subscribers
RWP Int'l & Structured Products Schedule D - Secured Claims
PDF · Subscribers
RWP Int'l & Structured Products Schedule E - Unsecured Priority Claims
PDF · Subscribers
RWP Int'l & Structured Products Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
RWP Int'l & Structured Products Schedule G - Executory Contracts and Unexpired LeasesPDF · Subscribers
Rock Well Petroleum (US) Inc. Schedule D - Secured Claims
PDF · Subscribers
Rock Well Petroleum (US) Inc. Schedule F - Unsecured Non Priority Claims
PDF · Subscribers
Rock Well Petroleum (US) Inc. Schedule G - Executory Contracts and Unexpired LeasesPDF · Subscribers
Notice of Order Establishing Bar Date for Filing Proof of Claim or InterestPDF · Subscribers
Order - Nitrogen Unit
  • Presiding officer Justice K. Horner
PDF · Subscribers
04. Fourth Report of the Monitor
  • Operational summary Rock Well continues restructuring efforts, cost-cutting, and pursuing sale of idle/redundant assets while retaining its oil and gas properties, with ongoing negotiations, claims processes, and disputes over ownership of a nitrogen generating unit.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Peter Hanrahan - Nitrogen Unit, swornPDF · Subscribers
Affidavit of Peter Hanrahan - Stay Extension, swornPDF · Subscribers
Notice of Motion (Nitrogen Unit)PDF · Subscribers
Notice of Motion (Stay Extension)PDF · Subscribers
Claims Process Order
  • Presiding officer Justice K. Horner
PDF · Subscribers
03. Third Report of the Monitor
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Peter Hanrahan - Claims Process, swornPDF · Subscribers
Order granting Final DIP OrderPDF · Subscribers
Order Granting Withdrawal as Counsel for the MonitorPDF · Subscribers
Order granting Foreign Main to Rock Well Petroleum IncPDF · Subscribers
Order granting Foreign Non Main to GreybullPDF · Subscribers
Order granting Foreign Non Main to Jones DrawPDF · Subscribers
Order granting Foreign Non Main to OsagePDF · Subscribers
Order granting Foreign Non Main to Poison SpiderPDF · Subscribers
Order granting Foreign Non Main to RWP International and Structured ProductsPDF · Subscribers
Order granting Foreign Non Main to Rock Well Petroleum (U.S.) IncPDF · Subscribers
Order Granting Interim DIP OrderPDF · Subscribers
Order Granting Request to Vacate HearingPDF · Subscribers
Amended and Restated Initial Order
  • Applicant Rock Well Petroleum Inc., Rock Well Petroleum (U.S.) Inc., Greybull Petroleum, LLC, Poison Spider Petroleum, LLC, Osage Petroleum, LLC, Jones Draw Petroleum, LLC and RWP International and Structured Products, LLC
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 15 December 2008
  • + 3 more extracted facts
PDF · Subscribers
Order - Stay Extension
  • Presiding officer Justice K. Horner
PDF · Subscribers
02. Second Report of the Monitor
  • Operational summary The Monitor reports no material change to operations since the First Report, a maintained reduced workforce, and generally continued support from critical vendors; the company expects to run out of cash by mid-February 2009 without DIP financing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Greg Florence, - DIP and Stay ExtensionPDF · Subscribers
Notice of Motion, - DIP and Stay ExtensionPDF · Subscribers
Emergency Motion for Postpetition FinancingPDF · Subscribers
Motion for Expedited VideoPDF · Subscribers
Order Granting Expedited HearingPDF · Subscribers
Notice of MotionPDF · Subscribers
Stay Extension and Court to Court Protocol Order
  • Presiding officer Justice K. Horner
PDF · Subscribers
01. First Report of the Monitor
  • Operational summary Following the Initial Order, Rock Well has not seen a material change to operations, has kept its reduced workforce (about 43 employees, down from 309) and has generally had critical vendor support. Without DIP financing or asset sales it would likely run out of cash shortly after February 6, 2009.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Kristin SutcliffePDF · Subscribers
Exhibits to KSPDF · Subscribers
Order - Service of Preliminary Injunction OrderPDF · Subscribers
Preliminary Injunction OrderPDF · Subscribers
Amended Order Scheduling HearingsPDF · Subscribers
TRO Order
  • Counsel Brent R. Cohen, Esq., Rothgerber Johnson & Lyons LLP
PDF · Subscribers
Initial Order
  • Applicant Rock Well Petroleum Inc., Rock Well Petroleum (U.S.) Inc., Greybull Petroleum, LLC, Poison Spider Petroleum, LLC, Osage Petroleum, LLC, Jones Draw Petroleum, LLC and RWP International and Structured Products, LLC
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 15 December 2008
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Greg FlorencePDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Rock Well Petroleum Inc” (CCAA), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/rock-well-petroleum-inc

Sources last checked · summary updated 31 August 2026 · Report a correction · Printed from proceedings.ca/case/rock-well-petroleum-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.