Alberta · Receivership (court-appointed)
Statement of Claim filed August 10, 2026
Application / notice of application · 10 August 2026
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What we verified from this filing6 verified
- applicantROYAL BANK OF CANADA
- commencement date10 August 2026
- courtCOURT OF KING'S BENCH OF ALBERTA
- secured creditorsnote: Revolving demand facility ($300,000) and credit card facility (up to $37,000) under Alberta West Credit Agreement dated March 6, 2024 as amended April 23, 2025; amount stated is outstanding balance as of April 21, 2026 per Statement of Claim · page: 6 · as of: 2026-04-21 · amount: 335606.53 · debtor: Alberta West Transport Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreement dated March 18, 2016 (registered PPR March 2, 2016); Collateral Mortgage dated August 11, 2016 as amended (principal amount $1,150,000) charging property at 3902 97th Street, Grande Prairie, AB; Assignment of Rents dated August 11, 2016; also secured by GSAs and Mortgage/Assignment of Rents granted for Bison Oilfield and Ridgeline Forest Facilities; guarantees from Bison Oilfield Services Ltd. (limited to $450,000 plus interest/costs) and Ridgeline Forest Contracting Ltd. (limited to $830,000 plus interest/costs)
- secured creditorsnote: Revolving demand facility ($550,000) and credit card facility (up to $20,000) under Bison Oilfield Credit Agreement dated November 5, 2019 as amended; amount stated is outstanding balance as of April 21, 2026 per Statement of Claim · page: 6 · as of: 2026-04-21 · amount: 574619.32 · debtor: Bison Oilfield Services Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: GSAs (including Bison Oilfield GSA dated January 18, 2019, registered PPR December 18, 2018) and Mortgage (principal amount $1,150,000) and Assignment of Rents over Property at 3902 97th Street, Grande Prairie, AB; guarantees from Alberta West Transport Ltd. (limited to $670,000 plus interest/costs) and Ridgeline Forest Contracting Ltd. (limited to $670,000 plus interest/costs)
- secured creditorsnote: Non-revolving term facility ($800,000) and credit card facility (up to $20,000) under Ridgeline Forest Credit Agreement dated August 23, 2023 as amended, plus term loan renewal agreement dated October 15, 2025; amount stated is outstanding balance as of April 21, 2026 per Statement of Claim · page: 6 · as of: 2026-04-21 · amount: 789379.06 · debtor: Ridgeline Forest Contracting Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: GSAs (including Ridgeline Forest GSA dated August 11, 2016, registered PPR August 8, 2016) and Mortgage (principal amount $1,150,000, per Original Mortgage dated August 11, 2016 as amended November 3, 2023) and Assignment of Rents over Property at 3902 97th Street, Grande Prairie, AB; guarantees from Alberta West Transport Ltd. (limited to $829,000 plus interest/costs) and Bison Oilfield Services Ltd. (limited to $829,000 plus interest/costs)