Proceedings.

Trafina

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Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
1201-01521
Filings held12
Last activity11 Jan 2017
On the record5,624 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates12 dated entries
#Order

Receivership order granted over Trafina Energy Ltd. in the Alberta court, commencing the proceeding under BIA s. 243 and provincial Judicature Act authority.

Source: Receivership Order_June13_2012

Parties

Debtor

Trafina

Receiver

FTI

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredNational Bank of Canada · in 101 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$3MFirst Report of the Receiver
8Unsecured

1 more claim in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs declared or paid

Secured creditors: a distribution. National Bank of Canada a distribution.Third Report of the Receiver · 3 Jan 2017

ClassCreditorClaimsRecoveryBasisSource
Secured——per the receiverThird Report of the Receiver · 3 Jan 2017
SecuredNational Bank of Canada—interimFinalper the receiverSecond 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.

2 blurred figures 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

As at ·

The total the debtor stated at filing

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

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Documents
12 filings
DateDocumentFile
Order for approval of Receiver Fees and Disbursements, Approval of Receiver's Activities and discharge of receiver.
  • Presiding officer Justice D.B. Nixon
PDF · Subscribers
Third Report of the Receiver
  • Recovery outcome Entries: per unstated; per unstated · Stated on: 2017-01-03 · Table missing:
PDF · Subscribers
Distribution Order
  • Presiding officer Justice K. Yamauchi
PDF · Subscribers
Remaining Asset Sale Approval Order
  • Presiding officer Justice K. Yamauchi
PDF · Subscribers
Second Report of the Receiver
  • Recovery outcome Entries: per actual; per estimated · Stated on: 2012-10-17 · Table missing:
PDF · Subscribers
SW Sask Ex Parte Order
  • Presiding officer Justice J. Strekafof
PDF · Subscribers
Amended Receivership Order
  • Presiding officer Justice J. Strekaf
PDF · Subscribers
Asset List and Sales Process SummaryPDF · Subscribers
Confidentiality AgreementPDF · Subscribers
SW Sask Sale Approval and Vesting Order
  • Presiding officer Justice Strekaf
PDF · Subscribers
First Report of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order_June13_2012
  • Commencement date 13 June 2011
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Court file no 1201-01521
  • Presiding officer Justice K.M. Eidsvik
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 4 November 2026, https://proceedings.ca/case/trafina

Sources last checked · summary updated 20 August 2026 · Report a correction · Printed from proceedings.ca/case/trafina

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.

Trafina — Receivership | Proceedings.