Alberta · CCAA
Affidavit of M. Janzen affirmed October 2, 2024
Affidavit · 2 October 2024
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What we verified from this filing7 verified
- secured creditorsnote: Regulatory security-deposit order (deemed statutory obligation); remaining balance of $2,508,942 demanded July 4, 2023 (second demand issued August 3, 2023); unpaid as of affidavit date · page: 4 · as of: 2023-07-04 · amount: 2508942 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD · security: Regulatory security order under s.30 Oil and Gas Activities Act / ERAA ("September 2022 Security Order"), originally issued Sept 21, 2022 in the amount of $3,640,522; filed as a certificate of debts due with the Supreme Court of British Columbia on 2024-01-25
- secured creditorsnote: Regulatory cost-recovery order; does not include costs of removing remaining liquid/sludge/waste or investigation/remediation costs, which remain outstanding and unquantified · page: 4 · as of: 2024-01-16 · amount: 905976.07 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD · security: Costs Order under s.50(1)(c) ERAA for reimbursement of BCER's out-of-pocket costs incurred removing 10,000m3 of water from the frac water storage site
- secured creditorsnote: Regulatory security-deposit order; payment due August 9, 2024; unpaid as of affidavit date; PCA program identified Erikson's dormant, inactive and marginal site liability as $54,400,000 · page: 5 · as of: 2024-07-09 · amount: 9728000 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD · security: Regulatory security order under s.30(1) Energy Resource Activities Act ("July 2024 Security Order") for corrective action not completed under the Permittee Capability Assessment (PCA) program
- secured creditorsnote: Regulatory levy (Pipeline Levy) unpaid · page: 6 · as of: fiscal 2023/2024 · amount: 47824.14 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD
- secured creditorsnote: Regulatory levy (Orphan Site Restoration Levy) unpaid · page: 6 · as of: fiscal 2024/2025 · amount: 339730.48 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD
- secured creditorsnote: Regulatory levy (Production Levy) unpaid · page: 6 · amount: 1647.86 · debtor: Erikson National Energy Inc. · creditor: British Columbia Energy Regulator (BCER) · currency: CAD
- secured creditorsnote: Regulatory security-deposit order from Exhibit E (General Order 2021-0054-01); Erikson did not meet either LMR threshold and had not provided the security as of August 2021; unclear from the record whether superseded by the later September 2022 or July 2024 Security Orders · page: 24 · as of: 2020-10-29 · amount: 4982669 · debtor: Erikson National Energy Inc. · creditor: BC Oil and Gas Commission (predecessor to BCER) · currency: CAD · security: Section 30 Order under Oil and Gas Activities Act requiring security, conditioned on Erikson achieving a Liability Management Rating (LMR) of 0.95 by 2021-04-01 or 1.0 by 2021-08-01