#Filing
Application (Final Distribution and Receiver's Discharge) — Application / notice of application
US Oil Sands Inc.
ClosedFollow
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Industry
- Energy · Oil & gas production
OverviewSummary updated
US Oil Sands Inc. was placed in court-appointed receivership on September 14, 2017 in the Court of King's Bench of Alberta, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The Receiver's Notice and Statement reported combined book-value assets of US Oil Sands Inc. and US Oil Sands (Utah) Inc. of $73,898,000 as at June 30, 2017, drawn from unaudited statements the Receiver did not verify and on which it offered no view of realizable value; exploration and evaluation assets accounted for $69,547 thousand of that figure. Anchorage Capital Group was shown as secured for USD 10,000,000. Unsecured claims as at September 19, 2017 were listed in Canadian and US dollar schedules, the largest being Stubbs & Stubbs Oilfield Construction at USD 944,694 and the State of Utah Trust Lands Administration at USD 265,914. The proceeding is closed.
Proceedings AIOpen Proceedings AI
Case updates15 dated entries
#Filing
Application - Stalking Horse & Sales Solicitation Process — Application / notice of application
Parties
Debtor
US Oil Sands Inc.
Receiver
FTI
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Anchorage Capital GroupListed in $000's as 10,000 USD in Notice and Statement of the Receiver liabilities summary — debtor: US Oil Sands Inc. and US Oil Sands (Utah) Inc. · as of 19 Sep 2017 | $10M USD | Notice to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
122 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
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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See all plansDocuments
15 filings
| Date | Document | File |
|---|---|---|
| Application (Final Distribution and Receiver's Discharge) | PDF · Subscribers | |
Final Distribution and Discharge Order
| PDF · Subscribers | |
| Third Report of the Receiver | PDF · Subscribers | |
Sale Approval and Vesting Order
| PDF · Subscribers | |
| Application (Approval and Vesting Order) | PDF · Subscribers | |
| First Report of the Receiver | PDF · Subscribers | |
| Second Report of the Receiver | PDF · Subscribers | |
| Supplemental Report to the First Report of the Receiver | PDF · Subscribers | |
| Application - Stalking Horse & Sales Solicitation Process | PDF · Subscribers | |
February 16, 2018 Order - filed
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Affidavit of Stephen Lehner | PDF · Subscribers | |
| Application (Appoint Receiver) | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Statement of Claim | 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., “US Oil Sands Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/us-oil-sands-inc