Rock Well Petroleum Inc
- Proceeding
- CCAA11 U.S.C. §§ 1517(d) and 350 of the Bankruptcy Code
- File
- 0801-15720
- Industry
- Energy · Oil & gas production
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.
A claims procedure has been established — see the order for deadlines.
Per the Order Granting Omnibus Motion for Claims Procedure dated 8 June 2009.
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.
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
Rock Well Petroleum (US) Inc. Schedule E - Unsecured Priority Claims Amended 06.24.09 — List of creditors
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.
Jones Draw Petroleum Schedule G - Executory Contracts and Unexpired Leases — Statement of affairs
RWP Int'l & Structured Products Schedule F - Unsecured Non Priority Claims — List of creditors
Notice of Order Establishing Bar Date for Filing Proof of Claim or Interest — Proof of claim (blank form)
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
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
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
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
Debtor
Rock Well Petroleum Inc
Monitor
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Horner | Court of King's Bench of Alberta | 7 orders, Dec 2008 – Sep 2009 | 78 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorBrent R | Brent R. Cohen, Esq., Rothgerber Johnson & Lyons LLP | 17 Dec 2008 | Order · 17 Dec 2008 |
Unsecured creditors: a distribution.07. Seventh Report of the Monitor · 21 Sep 2009
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Special Crown Claims | — | paid in full | Under the plansanctionedper the debtor | Plan Of Arrangement · 19 Aug 2009 |
| Unsecured | — | — | per the monitor | 07. 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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See all plansAs 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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See all plans| Date | Document | File |
|---|---|---|
Implementation Notice
| PDF · Subscribers | |
| Order Granting Motion to Dismiss Chapter 15 Cases | PDF · Subscribers | |
Sanction Order
| PDF · Subscribers | |
07. Seventh Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Richard Couillard, sworn | PDF · Subscribers | |
| Plan of Arrangement Proxy | PDF · Subscribers | |
Debtors' Motion to Dismiss Chapter 15 Cases
| PDF · Subscribers | |
Order - Creditors Meeting
| PDF · Subscribers | |
06. Sixth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Richard Couillard - Plan of Arrangement, sworn | PDF · Subscribers | |
Plan Of Arrangement
| 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
| 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 Leases | PDF · 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
| PDF · Subscribers | |
| Order Granting Omnibus Motion for Claims Procedure | PDF · 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 Leases | PDF · Subscribers | |
Poison Spider Petroleum Schedule D - Secured Claims
| 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 Leases | PDF · 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 Leases | PDF · 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 Leases | PDF · Subscribers | |
| Notice of Order Establishing Bar Date for Filing Proof of Claim or Interest | PDF · Subscribers | |
Order - Nitrogen Unit
| PDF · Subscribers | |
04. Fourth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Peter Hanrahan - Nitrogen Unit, sworn | PDF · Subscribers | |
| Affidavit of Peter Hanrahan - Stay Extension, sworn | PDF · Subscribers | |
| Notice of Motion (Nitrogen Unit) | PDF · Subscribers | |
| Notice of Motion (Stay Extension) | PDF · Subscribers | |
Claims Process Order
| PDF · Subscribers | |
03. Third Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Peter Hanrahan - Claims Process, sworn | PDF · Subscribers | |
| Order granting Final DIP Order | PDF · Subscribers | |
| Order Granting Withdrawal as Counsel for the Monitor | PDF · Subscribers | |
| Order granting Foreign Main to Rock Well Petroleum Inc | PDF · Subscribers | |
| Order granting Foreign Non Main to Greybull | PDF · Subscribers | |
| Order granting Foreign Non Main to Jones Draw | PDF · Subscribers | |
| Order granting Foreign Non Main to Osage | PDF · Subscribers | |
| Order granting Foreign Non Main to Poison Spider | PDF · Subscribers | |
| Order granting Foreign Non Main to RWP International and Structured Products | PDF · Subscribers | |
| Order granting Foreign Non Main to Rock Well Petroleum (U.S.) Inc | PDF · Subscribers | |
| Order Granting Interim DIP Order | PDF · Subscribers | |
| Order Granting Request to Vacate Hearing | PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
Order - Stay Extension
| PDF · Subscribers | |
02. Second Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Greg Florence, - DIP and Stay Extension | PDF · Subscribers | |
| Notice of Motion, - DIP and Stay Extension | PDF · Subscribers | |
| Emergency Motion for Postpetition Financing | PDF · Subscribers | |
| Motion for Expedited Video | PDF · Subscribers | |
| Order Granting Expedited Hearing | PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
Stay Extension and Court to Court Protocol Order
| PDF · Subscribers | |
01. First Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Kristin Sutcliffe | PDF · Subscribers | |
| Exhibits to KS | PDF · Subscribers | |
| Order - Service of Preliminary Injunction Order | PDF · Subscribers | |
| Preliminary Injunction Order | PDF · Subscribers | |
| Amended Order Scheduling Hearings | PDF · Subscribers | |
TRO Order
| PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Affidavit of Greg Florence | 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., “Rock Well Petroleum Inc” (CCAA), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/rock-well-petroleum-inc