Proceedings.

Silverado Oilfield Ventures Ltd.

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Active
Proceeding
Receivership (court-appointed)Subsections 245(1) and 246(1) of the Act
File
24-115683
Filings held2
Last activity23 Oct 2013
On the record4,716 days
Secured debt$1.5M
OverviewSummary updated

Silverado Oilfield Ventures Ltd. has been in receivership since October 23, 2013, with Deloitte Restructuring Inc. as receiver under court file 24-115683. The receiver's notice put the company's property at a book value of $2,197,597 as at October 1, 2013 — capital assets and leased vehicles and equipment as at April 30, 2013 — while noting that net realizable value will be significantly lower. Secured claims total $2,111,900 at book value, with several components, including Canada Revenue Agency's, listed as unknown; HSBC Bank Canada is the largest at $1,500,000, secured by a general security agreement registered September 14, 2006 under the Alberta PPSA over all present and after-acquired personal property. Preferred claims total $23,154.47 and unsecured claims $525,342.78, a combined $548,497.25. The receivership remains active.

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Case updates2 dated entries
#Filing

Deloitte Restructuring Inc. took office as receiver over Silverado's property, its notice setting out secured, preferred and unsecured creditors and book values reported by the company.

Source: Notice of Statement of the Receiver

Parties

Debtor

Silverado Oilfield Ventures Ltd.

Receiver

Deloitte

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 4 named without a figure
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesAmount listed as 'Unknown' in Receiver's notice; listed among secured creditors on Property, possibly deemed trust claim — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013Notice of Statement of the Receiver
4SecuredHSBC Bank Canada · in 54 casesGeneral Security Agreement registered September 14, 2006 under PPSA (Alberta), Registration No. 06091410453, over all present and after-acquired personal property — Book value based on amounts provided by the Company as at October 1, 2013 — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013$1.5MNotice of Statement of the Receiver
4SecuredTrinity Capital Canada LPBook value based on amounts provided by the Company as at October 1, 2013 — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013$406KNotice of Statement of the Receiver
4SecuredFord Credit Canada Limited · in 60 casesBook value based on amounts provided by the Company as at October 1, 2013 — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013$149KNotice of Statement of the Receiver
4SecuredCanadian Western Bank · in 80 casesBook value based on amounts provided by the Company as at October 1, 2013 — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013$43.2KNotice of Statement of the Receiver
4SecuredNational Leasing Group Inc. · in 52 casesBook value based on amounts provided by the Company as at October 1, 2013 — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013$13.7KNotice of Statement of the Receiver
4SecuredCentral Alberta Rentals Ltd. · in 2 casesAmount listed as 'Unknown' in Receiver's notice — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013Notice of Statement of the Receiver
4SecuredRoynat Inc. · in 47 casesAmount listed as 'Unknown' in Receiver's notice — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013Notice of Statement of the Receiver
4SecuredDe Lage Landen Financial Services Canada Inc. · in 73 casesAmount listed as 'Unknown' in Receiver's notice — debtor: Silverado Oilfield Ventures Ltd. · as of 1 Oct 2013Notice of Statement of the Receiver
6Landlord preferredParent, CarolynPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.78KNotice of Statement of the Receiver
6Landlord preferredLiberty Oilfield Rentals Ltd.debtor: Silverado Oilfield Ventures Ltd.$1.03KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Metalex Metal Buildingsdebtor: Silverado Oilfield Ventures Ltd.$146KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Hunt Inspection Ltd.debtor: Silverado Oilfield Ventures Ltd.$107KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Tundra Controls Ltd.debtor: Silverado Oilfield Ventures Ltd.$23.7KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Cameron Canada Corporation · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$22.1KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Miquelon Meter Services Ltd. · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$19.3KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Acclaim Insulation Ltd.debtor: Silverado Oilfield Ventures Ltd.$15.6KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Van Leeuwen Pipe and Tube · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$13.9KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Caron Measurement & Controls · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$11.8KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Red Deer Valve & Fitting Ltd. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$11.7KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Tank Gauging Systems Corp.debtor: Silverado Oilfield Ventures Ltd.$11KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Fastenal Canada Ltd. · in 8 casesdebtor: Silverado Oilfield Ventures Ltd.$8.86KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Meter Man Flow Productsdebtor: Silverado Oilfield Ventures Ltd.$8.74KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Arinah Services Ltd.debtor: Silverado Oilfield Ventures Ltd.$6.85KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Nordic Mechanical Services Ltd. · in 4 casesdebtor: Silverado Oilfield Ventures Ltd.$6.65KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Phase III Electric & Controlsdebtor: Silverado Oilfield Ventures Ltd.$5.98KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Sebastian, DonaldAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$5.9KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Weldco - Cen-Alta Welding Suppliesdebtor: Silverado Oilfield Ventures Ltd.$5.87KNotice of Statement of the Receiver
7Preferred (BIA s. 136)King's Energy Services Ltd. · in 7 casesdebtor: Silverado Oilfield Ventures Ltd.$5.77KNotice of Statement of the Receiver
7Preferred (BIA s. 136)A.E.S. Industrial Supplies Ltd. · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$5.52KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Sandpiper Truck Services Ltd. · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$5.23KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Dk-Lok Canada Ltd. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$4.66KNotice of Statement of the Receiver
7Preferred (BIA s. 136)High Performance Coatings · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$4.66KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Flint Field Services Ltd. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$4.51KNotice of Statement of the Receiver
7Preferred (BIA s. 136)ESAB Welding and Cutting Productsdebtor: Silverado Oilfield Ventures Ltd.$4.33KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Alberta Boilers Safety Assoc.debtor: Silverado Oilfield Ventures Ltd.$4.05KNotice of Statement of the Receiver
7Preferred (BIA s. 136)API Oilfield Hauling Inc. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$3.45KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Can West Label Inc.debtor: Silverado Oilfield Ventures Ltd.$3.41KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Indy Signsdebtor: Silverado Oilfield Ventures Ltd.$2.91KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Telus · in 115 casesdebtor: Silverado Oilfield Ventures Ltd.$2.81KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Western Gauge and Instrumentsdebtor: Silverado Oilfield Ventures Ltd.$2.66KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Adams Steel Fabricators Ltd.debtor: Silverado Oilfield Ventures Ltd.$2.61KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Ed's Valve Servicing Ltddebtor: Silverado Oilfield Ventures Ltd.$2.58KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Envirowest Engineering Inc.debtor: Silverado Oilfield Ventures Ltd.$2.52KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Smittys Oilfield Servicesdebtor: Silverado Oilfield Ventures Ltd.$2.34KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Sebastian, DonaldPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Buttle, RonPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Alexander, BryanPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Sharp, WaynePreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Smith, JohnathanPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Yaromy, TimPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Everett, RichardPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$2KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Technation Electric & Controls Ltd.debtor: Silverado Oilfield Ventures Ltd.$1.9KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Sharp, WayneAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$1.84KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Scott Can Industries Ltd.debtor: Silverado Oilfield Ventures Ltd.$1.75KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Safety Authoritydebtor: Silverado Oilfield Ventures Ltd.$1.61KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Carlin, JamesPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.61KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Penney Steamers & Vacuum Servicedebtor: Silverado Oilfield Ventures Ltd.$1.57KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Ross, JudyPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.55KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Kismet Engineering Inc.debtor: Silverado Oilfield Ventures Ltd.$1.52KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Canyon Rigging & Livestock Supplies Inc. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$1.52KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Rendell, PamPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.48KNotice of Statement of the Receiver
7Preferred (BIA s. 136)White, RuthPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.39KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Praxair Distribution · in 20 casesdebtor: Silverado Oilfield Ventures Ltd.$1.39KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Price, BrandonPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1.34KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Smith, JohnathanAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$1.27KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Wallace's Vacuum and Septic Servicedebtor: Silverado Oilfield Ventures Ltd.$1.25KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Bell Mobility · in 83 casesdebtor: Silverado Oilfield Ventures Ltd.$1.23KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Bob Dick Trucking Ltd.debtor: Silverado Oilfield Ventures Ltd.$1.11KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Centratech Technical Servicesdebtor: Silverado Oilfield Ventures Ltd.$1.11KNotice of Statement of the Receiver
7Preferred (BIA s. 136)Harvie Instruments Ltd. · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$923Notice of Statement of the Receiver
7Preferred (BIA s. 136)SPI Health amd Safetydebtor: Silverado Oilfield Ventures Ltd.$835Notice of Statement of the Receiver
7Preferred (BIA s. 136)Buffalo Inspection Services · in 8 casesdebtor: Silverado Oilfield Ventures Ltd.$824Notice of Statement of the Receiver
7Preferred (BIA s. 136)Hi-Tech Gasketsdebtor: Silverado Oilfield Ventures Ltd.$623Notice of Statement of the Receiver
7Preferred (BIA s. 136)Phone Experts Communications Ltd.debtor: Silverado Oilfield Ventures Ltd.$616Notice of Statement of the Receiver
7Preferred (BIA s. 136)Digitex Leasing Ltd.debtor: Silverado Oilfield Ventures Ltd.$589Notice of Statement of the Receiver
7Preferred (BIA s. 136)GateWorks, Incdebtor: Silverado Oilfield Ventures Ltd.$541Notice of Statement of the Receiver
7Preferred (BIA s. 136)Harbour Pump and Motordebtor: Silverado Oilfield Ventures Ltd.$462Notice of Statement of the Receiver
7Preferred (BIA s. 136)B & B Cowie Insulation Inc.debtor: Silverado Oilfield Ventures Ltd.$446Notice of Statement of the Receiver
7Preferred (BIA s. 136)ECHO NDE INC. · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$441Notice of Statement of the Receiver
7Preferred (BIA s. 136)Alexandar, Bryandebtor: Silverado Oilfield Ventures Ltd.$430Notice of Statement of the Receiver
7Preferred (BIA s. 136)Wesclean Equip. & Cleaning Supplies Ltd.debtor: Silverado Oilfield Ventures Ltd.$404Notice of Statement of the Receiver
7Preferred (BIA s. 136)ElectroGas Monitorsdebtor: Silverado Oilfield Ventures Ltd.$368Notice of Statement of the Receiver
7Preferred (BIA s. 136)Loomis Express · in 20 casesdebtor: Silverado Oilfield Ventures Ltd.$361Notice of Statement of the Receiver
7Preferred (BIA s. 136)GPW Pure Waterdebtor: Silverado Oilfield Ventures Ltd.$325Notice of Statement of the Receiver
7Preferred (BIA s. 136)Red Deer Bolt Ltd.debtor: Silverado Oilfield Ventures Ltd.$322Notice of Statement of the Receiver
7Preferred (BIA s. 136)Everett, RichardAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$280Notice of Statement of the Receiver
7Preferred (BIA s. 136)Direct Energy · in 38 casesdebtor: Silverado Oilfield Ventures Ltd.$259Notice of Statement of the Receiver
7Preferred (BIA s. 136)Brand X Office Supplies Inc.debtor: Silverado Oilfield Ventures Ltd.$225Notice of Statement of the Receiver
7Preferred (BIA s. 136)Communications Group · in 2 casesdebtor: Silverado Oilfield Ventures Ltd.$209Notice of Statement of the Receiver
7Preferred (BIA s. 136)Lo-Cost Propane · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$159Notice of Statement of the Receiver
7Preferred (BIA s. 136)Buttle, RonAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$142Notice of Statement of the Receiver
7Preferred (BIA s. 136)Battery Doctorsdebtor: Silverado Oilfield Ventures Ltd.$125Notice of Statement of the Receiver
7Preferred (BIA s. 136)Spartan Controls · in 3 casesdebtor: Silverado Oilfield Ventures Ltd.$79Notice of Statement of the Receiver
7Preferred (BIA s. 136)Epcor Energy Services (Alberta) Ltd · in 5 casesdebtor: Silverado Oilfield Ventures Ltd.$59Notice of Statement of the Receiver
7Preferred (BIA s. 136)Kal Tire · in 30 casesdebtor: Silverado Oilfield Ventures Ltd.$49Notice of Statement of the Receiver
7Preferred (BIA s. 136)Yaromy, TimAlso appears as preferred creditor with separate amount — debtor: Silverado Oilfield Ventures Ltd.$25Notice of Statement of the Receiver
7Preferred (BIA s. 136)965431 Alberta Ltd.Preferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)WCB Workers Compensation Board of Alberta · in 49 casesdebtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)Petro Canada · in 17 casesdebtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)Petrogas Marketing Ltddebtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)Husky L & R Fuel Distributorsdebtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)Kalev, Brian WPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver
7Preferred (BIA s. 136)Rickman, JoshPreferred creditor — debtor: Silverado Oilfield Ventures Ltd.$1Notice of Statement of the Receiver

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Estate financialsReported figures — never derived
Total assets at filing$2.2M

As at 1 Oct 2013 · per Book value as reported by the Company as at October 1, 2013 (capital assets and leased vehicles/equipment as at April 30, 2013); Receiver notes net realizable value will be significantly lower · Property of Silverado Oilfield Ventures Ltd. (single entity) — Secured creditors total per Receiver's notice: $2,111,900 (book value, some components 'Unknown'); preferred and unsecured creditor sub-totals: preferred $23,154.47, unsecured $525,342.78, combined total $548,497.25, per Schedule B listing

Documents2 filings
DateDocumentFile
Notice of Statement of the Receiver
  • Applicant HSBC Bank Canada
  • Appointee Deloitte Restructuring Inc.
  • Appointee role receiver
  • Commencement date 23 October 2013
  • + 6 more extracted facts
PDF
Certificate of Filing of Receivership
  • Appointee DELOITTE RESTRUCTURING INC/RESTRUCTURATION DELOITTE INC
  • Appointee role Receiver
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Silverado Oilfield Ventures Ltd.” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/silverado-oilfield-ventures-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/silverado-oilfield-ventures-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.