Alberta · NOI
Affidavit #1 of Doug Bailey sworn on February 13, 2024
Affidavit · 14 February 2024
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What we verified from this filing3 verified
- secured creditorsnote: Conifer alleges Razor Energy owes approximately $8.2 million under the Ownership and Operating Agreement; Razor disputes the quantum of the arrears (improperly calculated billings, untimely 13-month adjustments, turnaround/capital cost overages). · page: 7 · amount: 8200000 · debtor: Razor Energy Corp. · creditor: Conifer Energy Inc. · currency: CAD · security: Operator's Lien under Section 602 of the Operating Procedures to the Judy Creek Gas Plant Ownership and Operating Agreement - a lien and charge, first and prior to any other lien, charge, mortgage or other security interest, on each Owner's Functional Unit Participation and share of Facility Products, securing payment of that Owner's proportionate share of Joint Account costs and expenses.
- secured creditorsnote: Listed among Razor Energy's stakeholders/creditors; no specific security or date stated in the document. · page: 8 · amount: 6460738.69 · debtor: Razor Energy Corp. · creditor: Arena Investors, LP · currency: CAD
- secured creditorsnote: Regulatory deemed liabilities (including pipelines) as calculated by the AER; classified as a regulatory quasi-debt. · page: 8 · as of: 2024-02-03 · amount: 123314655 · debtor: Razor Energy Corp. · creditor: Alberta Energy Regulator (AER) · currency: CAD