Southern Pacific Resource Corp. et al
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Industry
- Energy · Oil & gas production
Debtor
Southern Pacific Resource Corp. et al
Receiver
PwC
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | First Lien Lenders (First Lien Term Loan, administered by Credit Suisse AG, Cayman Islands Branch / successor 2276736 Alberta Ltd.) · in 6 casesAs of the affidavit (May 4, 2022), principal amount currently owing, excluding interest and advisor fees — First ranking security interest on all present and future assets of the Borrower; original facility amount USD $136.2 million (CAD $150 million); guaranteed by subsidiaries — Floor/'in excess of' figure per affidavit para 6; does not include interest or advisor fees which would also be owing; 227 AB acquired 99.29% of unpaid principal via assignment from 17 of 18 lenders; gross distributions of CAD $14,879,705 received in prior CCAA/receivership proceedings — debtor: Southern Pacific Reso | $120M USD | Affidavit of Torey Celinskis sworn on May 4, 2022 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
As at ·
The total 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 |
|---|---|---|
| Filed Approval and Reverse Vesting Order | PDF · Subscribers | |
Filed Order for Final Distribution, Approval of Receiver's Fees and Disbursements, Approval of Receiver's Activities and Discharge of Receiver
| PDF · Subscribers | |
Filed Receivership Order
| PDF · Subscribers | |
Southern Pacific et al Receivership Order Filed May 13 2022
| PDF · Subscribers | |
| Brief of the Applicant | PDF · Subscribers | |
| Proposed Receiver's Report | PDF · Subscribers | |
Affidavit of Torey Celinskis sworn on May 4, 2022
| PDF · Subscribers | |
| Application (Appointment of Receiver and Manager) | 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., “Southern Pacific Resource Corp. et al” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/southern-pacific-resource-corp-et-al