Alberta · CCAA
Fifteenth Report of the Monitor dated August 20, 2026
Court officer report · 20 August 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing5 verified
- closing confirmedscope: the sale transaction pursuant to the purchase and sale agreement dated April 15, 2024 · outcome: completed · effective: 2024-05-08 · purchaser: Cascade Capture Ltd. · date basis: stated · approval order date: 2024-04-26; scope: the Cenovus Transaction · outcome: completed · effective: 2024-10-02 · purchaser: Cenovus Energy Inc. · date basis: stated · approval order date: 2024-09-20; scope: the November 4th Transactions · outcome: completed · date basis: unstated · approval order date: 2024-11-04; scope: the Cascade Transaction · outcome: not_completed · effective: 2026-06-05 · purchaser: Cascade · date basis: stated
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: Total Monitor's Fees and Costs | | 1,104,766.00 | 406.98 | 55,250.22 | 1,160,423.20 · amount: 55250.22 · fees: quote: Total Monitor's Fees and Costs | | 1,104,766.00 | 406.98 | 55,250.22 | 1,160,423.20 · amount: 1104766 · total: quote: Total Monitor's Fees and Costs | | 1,104,766.00 | 406.98 | 55,250.22 | 1,160,423.20 · amount: 1160423.2 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Monitor's Fees and Costs | | 1,104,766.00 | 406.98 | 55,250.22 | 1,160,423.20 · amount: 406.98 · period: end: 2026-06-30 · kind: cumulative · label: Taxation Period · quote: for the period from commencement of the NOI Proceeding up to, and including, June 30, 2026 (the " Taxation Period "). · approval: quote: rom this Honourable Court of the respective professional fees and disbursements of Alix, in its capacity as Proposal Trustee and Monitor, and its legal counsel · state: sought · averages: · currency: · invoices: tax: 4826.81 · fees: 96536.25 · quote: Invoice 3655 | April 2024 | 96,536.25 | - | 4,826.81 | 101,363.06 · total: 101363.06; tax: 2880.93 · fees: 57382.5 · quote: Invoice 3733 | May 2024 | 57,382.50 | 406.00 | 2,880.93 | 60,669.43 · total: 60669.43 · disbursements: 406; tax: 1204.31 · fees: 24086.25 · quote: Invoice 3798 | June 2024 | 24,086.25 | - | 1,204.31 | 25,290.56 · total: 25290.56; tax: 2165.13 · fees: 43302.5 · quote: Invoice 3841 | July 2024 | 43,302.50 | - | 2,165.13 | 45,467.63 · total: 45467.63; tax: 2474.26 · fees: 49485.25 · quote: Invoice 3922 | August 2024 | 49,485.25 | - | 2,474.26 | 51,959.51 · total: 51959.51; tax: 2404.36 · fees: 48086.25 · quote: Invoice 3998 | September 2024 | 48,086.25 | 0.98 | 2,404.36 | 50,491.59 · total: 50491.59 · disbursements: 0.98; tax: 5606.4 · fees: 112128 · quote: Invoice 4056 | October 2024 | 112,128.00 | - | 5,606.40 | 117,734.40 · total: 117734.4; tax: 3575.38 · fees: 71507.5 · quote: Invoice 4116 | November 2024 | 71,507.50 | - | 3,575.38 | 75,082.88 · total: 75082.88; tax: 4033.65 · fees: 80673 · quote: Invoice 4143 | December 2024 | 80,673.00 | - | 4,033.65 | 84,706.65 · total: 84706.65; tax: 3992.05 · fees: 79841 · quote: Invoice 4199 | January 2025 | 79,841.00 | - | 3,992.05 | 83,833.05 · total: 83833.05; tax: 1389.49 · fees: 27789.75 · quote: Invoice 4286 | February 2025 | 27,789.75 | - | 1,389.49 | 29,179.24 · total: 29179.24; tax: 728.93 · fees: 14578.5 · quote: Invoice 4419 | March 2025 | 14,578.50 | - | 728.93 | 15,307.43 · total: 15307.43; tax: 1740.43 · fees: 34808.5 · quote: Invoice 4420 | April 2025 | 34,808.50 | - | 1,740.43 | 36,548.93 · total: 36548.93; tax: 1263.73 · fees: 25274.5 · quote: Invoice 4473 | May 2025 | 25,274.50 | - | 1,263.73 | 26,538.23 · total: 26538.23; tax: 2526.75 · fees: 50520.75 · quote: Invoice 4534 | June 2025 | 50,520.75 | - | 2,526.75 | 53,047.50 · total: 53047.5; tax: 1098.25 · fees: 21965 · quote: Invoice 4586 | July 2025 | 21,965.00 | - | 1,098.25 | 23,063.25 · total: 23063.25; tax: 912 · fees: 18253 · quote: Invoice 4648 | August 2025 | 18,253.00 | - | 912.00 | 19,165.00 · total: 19165; tax: 2648.75 · fees: 52975 · quote: Invoice 4709 | September 2025 | 52,975.00 | - | 2,648.75 | 55,623.75 · total: 55623.75; tax: 1051.35 · fees: 21027 · quote: Invoice 4777 | October 2025 | 21,027.00 | - | 1,051.35 | 22,078.35 · total: 22078.35; tax: 572.84 · fees: 11456.75 · quote: Invoice 4864 | November 2025 | 11,456.75 | - | 572.84 | 12,029.59 · total: 12029.59; tax: 389.15 · fees: 7783 · quote: Invoice 4931 | December 2025 | 7,783.00 | - | 389.15 | 8,172.15 · total: 8172.15; tax: 1776.68 · fees: 35533.5 · quote: Invoice 5072 | January 2026 | 35,533.50 | - | 1,776.68 | 37,310.18 · total: 37310.18; tax: 659.24 · fees: 13184.75 · quote: Invoice 5156 | February 2026 | 13,184.75 | - | 659.24 | 13,843.99 · total: 13843.99; tax: 1462.43 · fees: 29248.5 · quote: Invoice 5306 | March 2026 | 29,248.50 | - | 1,462.43 | 30,710.93 · total: 30710.93; tax: 321.65 · fees: 6433 · quote: Invoice 5420 | April 2026 | 6,433.00 | - | 321.65 | 6,754.65 · total: 6754.65; tax: 232.03 · fees: 4640.5 · quote: Invoice 5555 | May 2026 | 4,640.50 | - | 232.03 | 4,872.53 · total: 4872.53; tax: 3313.28 · fees: 66265.5 · quote: Invoice 5582 | June 2026 | 66,265.50 | | 3,313.28 | 69,578.78 · total: 69578.78 · firm text: AlixPartners Restructuring, Inc. · firm quote: AlixPartners Restructuring, Inc. 1 (' Alix ') consented to act as proposal trustee · context quote: the respective professional fees and disbursements of Alix, in its capacity as Proposal Trustee and Monitor, and its legal counsel for the period from commencement of the NOI Proceeding up to, and including, June 30, 2026 (the " Taxation Period ").; form: invoice_listing · rows: · money: tax: label: GST · quote: Total Monitor's Counsel's Fees and Costs | | 249,128.00 | 3,163.91 | 12,585.73 | 264,877.64 · amount: 12585.73 · fees: quote: Total Monitor's Counsel's Fees and Costs | | 249,128.00 | 3,163.91 | 12,585.73 | 264,877.64 · amount: 249128 · total: quote: Total Monitor's Counsel's Fees and Costs | | 249,128.00 | 3,163.91 | 12,585.73 | 264,877.64 · amount: 264877.64 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total Monitor's Counsel's Fees and Costs | | 249,128.00 | 3,163.91 | 12,585.73 | 264,877.64 · amount: 3163.91 · period: end: 2026-06-30 · kind: cumulative · label: Taxation Period · quote: for the period from commencement of the NOI Proceeding up to, and including, June 30, 2026 (the " Taxation Period "). · approval: quote: rom this Honourable Court of the respective professional fees and disbursements of Alix, in its capacity as Proposal Trustee and Monitor, and its legal counsel · state: sought · averages: · currency: · invoices: tax: 676.55 · fees: 13447.5 · quote: 2236927 | April 2024 | 13,447.50 | 103.44 | 676.55 | 14,227.49 · total: 14227.49 · disbursements: 103.44; tax: 269.38 · fees: 5287.5 · quote: 2240165 | May 2024 | 5,287.50 | 102.06 | 269.38 | 5,658.94 · total: 5658.94 · disbursements: 102.06; tax: 515.08 · fees: 10301.5 · quote: 2243532 | June 2024 | 10,301.50 | - | 515.08 | 10,816.58 · total: 10816.58; tax: 1093.34 · fees: 21598.5 · quote: 2246875 | July 2024 | 21,598.50 | 288.38 | 1,093.34 | 22,980.22 · total: 22980.22 · disbursements: 288.38; tax: 301.76 · fees: 5940 · quote: 2250281 | August 2024 | 5,940.00 | 115.12 | 301.76 | 6,356.88 · total: 6356.88 · disbursements: 115.12; tax: 675.66 · fees: 13396.5 · quote: 2253882 | September 2024 | 13,396.50 | 156.77 | 675.66 | 14,228.93 · total: 14228.93 · disbursements: 156.77; tax: 1244.87 · fees: 24544 · quote: 2257658 | October 2024 | 24,544.00 | 376.35 | 1,244.87 | 26,165.22 · total: 26165.22 · disbursements: 376.35; tax: 959.2 · fees: 19000 · quote: 2261245 | November 2024 | 19,000.00 | 229.94 | 959.20 | 20,189.14 · total: 20189.14 · disbursements: 229.94; tax: 827.56 · fees: 16464 · quote: 2265054 | December 2024 | 16,464.00 | 137.27 | 827.56 | 17,428.83 · total: 17428.83 · disbursements: 137.27; tax: 443.99 · fees: 8820 · quote: 2269330 | January 2025 | 8,820.00 | 77.70 | 443.99 | 9,341.69 · total: 9341.69 · disbursements: 77.7; tax: 239.77 · fees: 4638.5 · quote: 2272885 | February 2025 | 4,638.50 | 205.89 | 239.77 | 5,084.16 · total: 5084.16 · disbursements: 205.89; tax: 112.04 · fees: 2167 · quote: 2277204 | March 2025 | 2,167.00 | 73.82 | 112.04 | 2,352.86 · total: 2352.86 · disbursements: 73.82; tax: 284.5 · fees: 5690 · quote: 2280304 | April 2025 | 5,690.00 | - | 284.50 | 5,974.50 · total: 5974.5; tax: 176.66 · fees: 3510 · quote: 2283662 | May 2025 | 3,510.00 | 43.29 | 176.66 | 3,729.95 · total: 3729.95 · disbursements: 43.29; tax: 296.19 · fees: 5793 · quote: 2287546 | June 2025 | 5,793.00 | 146.70 | 296.19 | 6,235.89 · total: 6235.89 · disbursements: 146.7; tax: 72 · fees: 1440 · quote: 2291086 | July 2025 | 1,440.00 | - | 72.00 | 1,512.00 · total: 1512; tax: 60.08 · fees: 1201.5 · quote: 2294617 | August 2025 | 1,201.50 | - | 60.08 | 1,261.58 · total: 1261.58; tax: 576.39 · fees: 11520 · quote: 2298132 | September 2025 | 11,520.00 | 27.72 | 576.39 | 12,124.11 · total: 12124.11 · disbursements: 27.72; tax: 181.06 · fees: 3510 · quote: 2302077 | October 2025 | 3,510.00 | 111.21 | 181.06 | 3,802.27 · total: 3802.27 · disbursements: 111.21; tax: 249.08 · fees: 4981.5 · quote: 2306352 | November 2025 | 4,981.50 | - | 249.08 | 5,230.58 · total: 5230.58; tax: 76.5 · fees: 1530 · quote: 2310292 | December 2025 | 1,530.00 | - | 76.50 | 1,606.50 · total: 1606.5; tax: 551.31 · fees: 11001 · quote: 2315033 | January 2026 | 11,001.00 | 44.28 | 551.31 | 11,596.59 · total: 11596.59 · disbursements: 44.28; tax: 138.79 · fees: 2730 · quote: 2318615 | February 2026 | 2,730.00 | 48.76 | 138.79 | 2,917.55 · total: 2917.55 · disbursements: 48.76; tax: 254.77 · fees: 4900.5 · quote: 2322743 | March 2026 | 4,900.50 | 214.99 | 254.77 | 5,370.26 · total: 5370.26 · disbursements: 214.99; tax: 2309.2 · fees: 45715.5 · quote: 2334010 | June 2026 | 45,715.50 | 660.22 | 2,309.20 | 48,684.92 · total: 48684.92 · disbursements: 660.22 · firm text: Cassels Brock & Blackwell LLP · firm quote: Cassels Brock & Blackwell LLP 888 3 rd Street SW, Suite 3700 Calgary, AB T2P 5C5 · context quote: the respective professional fees and disbursements of Alix, in its capacity as Proposal Trustee and Monitor, and its legal counsel for the period from commencement of the NOI Proceeding up to, and including, June 30, 2026 (the " Taxation Period ").
- purchaserResurgent; Cascade
- sale advisorSayer Energy Advisors
- sale outcometext: SISP has resulted in numerous approved transactions; two Remaining Transactions not yet closed, with possibility remaining assets go to OWA for orphaning · scope: whole_business · status: liquidation_in_progress