Alberta · Receivership (court-appointed)
Notice of Receiver 245(1), 246(1)
Notice of receiver (s. 245 / Form 87) · 13 March 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing18 verified
- financial positionnote: Total assets figure combines line items with differing as-at dates as noted; no liabilities figure is presented in this filing. · page: 1 · basis: Company's books and records (per Receiver's statement); values compiled from multiple as-at dates per line item: cash as at date of receivership (March 5, 2025), accounts receivable as at March 10, 2025, and inventory/prepaid expenses/property & equipment as at January 31, 2025 · scope: Long Run Exploration Ltd. (entity-level, per receivership statement) · currency: CAD · total assets: 640483000
- secured creditorsnote: Amount from $000's table. · page: 2 · as of: March 5, 2025 · amount: 350097000 · debtor: Long Run Exploration Ltd. · creditor: China Construction Bank, Toronto Branch · currency: CAD
- secured creditorsnote: Amount from $000's table. · page: 2 · as of: March 5, 2025 · amount: 1070000 · debtor: Long Run Exploration Ltd. · creditor: Municipal District of Smoky River No. 130 · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Alberta Finance · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Bearspaw Petroleum Ltd. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Briko Energy Corp. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Caltex Resources Ltd. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Henenghaixin Corp. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: ICE NGX Canada Inc. · currency: CAD
- secured creditorsnote: Listed in Receiver's statement of secured parties (table in $000's, multiplied accordingly). A much larger figure ($560,929,215.59) for the same named party also appears separately in the Schedule 'A' unsecured creditors list on original page 13; document does not clarify relationship between the two listings, so both are reported as stated in their respective schedules. · page: 2 · as of: March 5, 2025 · amount: 558356000 · debtor: Long Run Exploration Ltd. · creditor: Calgary Sinoenergy Investment Corp. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Pembina Pipeline Corporation · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Perron Ventures Ltd. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Prairie Provident Resources Canada Ltd. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: RCAP Leasing Inc. · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Summit Acceptance Corp · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: 702856 Alberta Ltd · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: 702856 Alberta Ltd. O/A Continental Imaging Products · currency: CAD
- secured creditorsnote: Amount owed listed as 'Unknown' in Receiver's statement. · page: 2 · as of: March 5, 2025 · debtor: Long Run Exploration Ltd. · creditor: Midstream Equipment Corporation Ltd. · currency: CAD