Saskatchewan · NOI

Statement of Affairs

Statement of affairs · 11 October 2019

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financial positionnote: Statement of Affairs shows deficiency of $11,254,734.99; unsecured creditors total $11,556,164.99 per List A, secured creditors total $759,470.00 per List B, preferred creditors $0.00 per List C, contingent/other liabilities $0.00 per List D · page: 1 · as at: 2019-09-12 · basis: as stated and estimated by the officer, sworn/declared by Harvey King on 2019-10-11 · scope: entity - Waterflood Production Systems Ltd. · currency: CAD · total assets: 1060900 · total liabilities: 12315634.99
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 146647.32 · debtor: Waterflood Production Systems Ltd. · creditor: 660816 Albert Ltd. · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 420 · debtor: Waterflood Production Systems Ltd. · creditor: ABSA · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 32564.35 · debtor: Waterflood Production Systems Ltd. · creditor: Apex · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1744.81 · debtor: Waterflood Production Systems Ltd. · creditor: Applied Industrial · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 782.25 · debtor: Waterflood Production Systems Ltd. · creditor: Assiniboine Coating Systems · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 223.23 · debtor: Waterflood Production Systems Ltd. · creditor: Auto Electric · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 367.5 · debtor: Waterflood Production Systems Ltd. · creditor: Big Foot Metal Systems · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 3901.28 · debtor: Waterflood Production Systems Ltd. · creditor: Buffalo Inspection Services · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 2406.38 · debtor: Waterflood Production Systems Ltd. · creditor: Canadian Linen & Uniform Service - Regina · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 10608.76 · debtor: Waterflood Production Systems Ltd. · creditor: Carlyle Collision & Painting · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 7509 · debtor: Waterflood Production Systems Ltd. · creditor: CVS Controls Ltd · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 6296.47 · debtor: Waterflood Production Systems Ltd. · creditor: Dave Heier C/O PSM Lawyers LLP · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 6296.47 · debtor: Waterflood Production Systems Ltd. · creditor: David Heisler · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1937.1 · debtor: Waterflood Production Systems Ltd. · creditor: Direct Energy Regulated Services · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 17858.4 · debtor: Waterflood Production Systems Ltd. · creditor: Discovery Solutions · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9.45 · debtor: Waterflood Production Systems Ltd. · creditor: Enverus Business Automation · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 4423.03 · debtor: Waterflood Production Systems Ltd. · creditor: Esso Petroleum · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1006.08 · debtor: Waterflood Production Systems Ltd. · creditor: Estevan Meter Services · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 4600 · debtor: Waterflood Production Systems Ltd. · creditor: Ferrey Group Holdings · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 30030 · debtor: Waterflood Production Systems Ltd. · creditor: Fil-Trek · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1614.58 · debtor: Waterflood Production Systems Ltd. · creditor: Fountain Tire Ltd. - Edmonton · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 164.28 · debtor: Waterflood Production Systems Ltd. · creditor: Gardner Denver · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 231 · debtor: Waterflood Production Systems Ltd. · creditor: GFL Environmental · currency: CAD
unsecured creditorspage: 2 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 11787.8 · debtor: Waterflood Production Systems Ltd. · creditor: GB Contract Inspection · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 26121.18 · debtor: Waterflood Production Systems Ltd. · creditor: Kerr Machine Co. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 130 · debtor: Waterflood Production Systems Ltd. · creditor: Government of Finance - Manitoba · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 236.67 · debtor: Waterflood Production Systems Ltd. · creditor: House of Stationery · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 459.9 · debtor: Waterflood Production Systems Ltd. · creditor: Johnson Plumbing & Heating · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 142.5 · debtor: Waterflood Production Systems Ltd. · creditor: KS Water Supply · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 3463.37 · debtor: Waterflood Production Systems Ltd. · creditor: Kendall's Auto Electric · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 7694.89 · debtor: Waterflood Production Systems Ltd. · creditor: Kim Morrissey · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1395 · debtor: Waterflood Production Systems Ltd. · creditor: Kohaly, Elash & Ludwig · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 344.38 · debtor: Waterflood Production Systems Ltd. · creditor: L & L Engine & Compressor · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 140.47 · debtor: Waterflood Production Systems Ltd. · creditor: Manitoulin Transport · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 25775.8 · debtor: Waterflood Production Systems Ltd. · creditor: McComb's Automotive · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 367.3 · debtor: Waterflood Production Systems Ltd. · creditor: Midway Distributors · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 134.98 · debtor: Waterflood Production Systems Ltd. · creditor: Mr. G's Lock & Key · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 303.31 · debtor: Waterflood Production Systems Ltd. · creditor: Noblet Design Group · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 53.33 · debtor: Waterflood Production Systems Ltd. · creditor: Percy H. Davis Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1935.12 · debtor: Waterflood Production Systems Ltd. · creditor: Performance Pump Service · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9824.97 · debtor: Waterflood Production Systems Ltd. · creditor: Pinacle Stainless Steel · currency: CAD
unsecured creditorsnote: Two separate entries listed for PS Electric; second entry is $10,707,000.00 · page: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 59481.08 · debtor: Waterflood Production Systems Ltd. · creditor: PS Electric · currency: CAD
unsecured creditorsnote: Two separate entries listed for same creditor at same address; this is the larger of two · page: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 10707000 · debtor: Waterflood Production Systems Ltd. · creditor: PS Electric · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 184.33 · debtor: Waterflood Production Systems Ltd. · creditor: Purolator Courier Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9043.32 · debtor: Waterflood Production Systems Ltd. · creditor: Quality Cutting Tools Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 126.79 · debtor: Waterflood Production Systems Ltd. · creditor: Quik Pick Waste Disposal · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 139.61 · debtor: Waterflood Production Systems Ltd. · creditor: Redneck Chain & Rigging · currency: CAD
unsecured creditorspage: 3 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1260 · debtor: Waterflood Production Systems Ltd. · creditor: Saskatchewan Workers' Compensation Board · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 175.24 · debtor: Waterflood Production Systems Ltd. · creditor: Telus Communication · currency: CAD
unsecured creditorsnote: Negative balance (credit) as reported · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: -5081.05 · debtor: Waterflood Production Systems Ltd. · creditor: SaskEnergy Incorporated · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 153.64 · debtor: Waterflood Production Systems Ltd. · creditor: SaskPower · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 908.52 · debtor: Waterflood Production Systems Ltd. · creditor: Savvy Tech Computer · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 120.99 · debtor: Waterflood Production Systems Ltd. · creditor: Signal Direct Communications · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 12997.77 · debtor: Waterflood Production Systems Ltd. · creditor: Skylift Services Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1052.84 · debtor: Waterflood Production Systems Ltd. · creditor: Southern Bolt Supply · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 471.83 · debtor: Waterflood Production Systems Ltd. · creditor: Southern Plains Co-Operative · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 14507.17 · debtor: Waterflood Production Systems Ltd. · creditor: Spartan Controls Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1379.6 · debtor: Waterflood Production Systems Ltd. · creditor: Steam Est Industries · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 55150.23 · debtor: Waterflood Production Systems Ltd. · creditor: Swift Oilfield Supply · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9713.72 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (1034-Marvin) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 4241.29 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (2338-Brian) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1631.1 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (3293-Darla) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 589.87 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (3433-Dave) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9763.02 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (6695-Volker) · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 90.34 · debtor: Waterflood Production Systems Ltd. · creditor: Telus Mobility Services · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 13892.24 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (6703-Darren) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 8263.1 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (6794-Kelly) · currency: CAD
unsecured creditorsnote: Corporate credit card account · page: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 8263.1 · debtor: Waterflood Production Systems Ltd. · creditor: TD Canada Trust Visa (6794-Kresten) · currency: CAD
unsecured creditorspage: 4 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 1402.82 · debtor: Waterflood Production Systems Ltd. · creditor: Technical Safety Authority · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 402.49 · debtor: Waterflood Production Systems Ltd. · creditor: Xerox Canada · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 2604.85 · debtor: Waterflood Production Systems Ltd. · creditor: Westron Pumps, Compressors · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 9021.23 · debtor: Waterflood Production Systems Ltd. · creditor: Wolseley Canada · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 4269.71 · debtor: Waterflood Production Systems Ltd. · creditor: Thirsty Bird Pumpjack · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 230.01 · debtor: Waterflood Production Systems Ltd. · creditor: TS&M Supply · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 357.98 · debtor: Waterflood Production Systems Ltd. · creditor: Turnbull's Excavating · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 666.29 · debtor: Waterflood Production Systems Ltd. · creditor: Utex Industries Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 58438.34 · debtor: Waterflood Production Systems Ltd. · creditor: Varsteel · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 128737.77 · debtor: Waterflood Production Systems Ltd. · creditor: Wanner Holdings Ltd. · currency: CAD
unsecured creditorsnote: Related party/affiliated name possible; no address listed · page: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 61761.1 · debtor: Waterflood Production Systems Ltd. · creditor: Waterflood Group Insurance · currency: CAD
unsecured creditorspage: 5 · as of: 2019-09-12 · basis: Statement of Affairs List A as reported · amount: 800 · debtor: Waterflood Production Systems Ltd. · creditor: WCB Workers Compensation Board of Alberta · currency: CAD
secured creditorsnote: Deemed trust/CRA claim listed as secured creditor per List B; NOI filing date used as as_of per Statement of Affairs date · page: 6 · as of: 2019-09-12 · amount: 603470 · debtor: Waterflood Production Systems Ltd. · creditor: CRA - Tax - Pacific · currency: CAD · security: Business Assets - Stock in Trade/Inventory ($503,470 est. value); Debts Due - Accounts Receivable ($100,000 est. value); Machinery/Equipment categories (Computer, Construction, Manufacturing, Office, Rental, Safety, Shop Equipment, Vehicles) - each $0.00 est. value
secured creditorsnote: NOI filing date used as as_of per Statement of Affairs date · page: 6 · as of: 2019-09-12 · amount: 156000 · debtor: Waterflood Production Systems Ltd. · creditor: Davey Crocket Investments · currency: CAD · security: Business Assets - Stock in Trade/Inventory ($156,000 est. value) plus various machinery/equipment categories (Manufacturing, Rental, Construction, Shop, Vehicles, Office, Computer, Safety Equipment) with estimated surplus from security ranging $1,923.93 to $187,602.46; Accounts Receivable ($0 est. value)