Trafina
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 1201-01521
Trafina Energy Ltd. was placed in court-appointed receivership on June 13, 2011 under BIA s. 243 and provincial Judicature Act authority, in proceedings before the Court of King's Bench of Alberta under file no. 1201-01521. Unaudited financial statements as at March 31, 2012 put the book value of the company's oil and gas assets at approximately $13.4 million. National Bank of Canada, described as the most significant secured creditor in the receivership, was owed approximately $3.0 million on an operating line of credit as of that date, with unsecured creditors reported in the aggregate at approximately $4.5 million. The proceeding is closed.
9 earlier updates, back to 13 June 2011 — subscribers.
Debtor
Trafina
Receiver
FTI
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | National Bank of Canada · in 87 casesOperating line of credit — Per Trafina's unaudited March 31, 2012 financial statements; described as most significant secured creditor in the Receivership; approximate figure ('$3.0 million') — debtor: Trafina Energy Ltd. · as of 31 Mar 2012 | $3M | First Report of the Receiver |
Secured creditors: a distribution. National Bank of Canada a distribution.Third Report of the Receiver · 3 Jan 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | a distribution | per the receiver | Third Report of the Receiver · 3 Jan 2017 |
| Secured | National Bank of Canada | — | a distributioninterim | Finalper the receiver | Second Report of the Receiver · 17 Oct 2012 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Order for approval of Receiver Fees and Disbursements, Approval of Receiver's Activities and discharge of receiver.
| PDF · Subscribers | |
Third Report of the Receiver
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Remaining Asset Sale Approval Order
| PDF · Subscribers | |
Second Report of the Receiver
| PDF · Subscribers | |
SW Sask Ex Parte Order
| PDF · Subscribers | |
| Amended Receivership Order | PDF · Subscribers | |
| Asset List and Sales Process Summary | PDF · Subscribers | |
| Confidentiality Agreement | PDF · Subscribers | |
| SW Sask Sale Approval and Vesting Order | PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
Receivership Order_June13_2012
| 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., “Trafina” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/trafina