Alberta · Bankruptcy
Pioneer Creditor Package
Meeting materials · 26 November 2025
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What we verified from this filing3 verified
- financial positionnote: Statement of Affairs shows total assets of $1,667.00 against total liabilities of $3,960,000.00 (secured $1,667.00; preferred $0.00; unsecured $3,958,333.00; contingent/trust $0.00), yielding a stated deficiency of $3,958,333.00 (labelled 'Surplus' on form due to sign convention). · page: 2 · as at: 2025-03-10 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor (Form 78, Corporate Bankruptcy) · scope: Pioneer Oil Well Service Corp. (single entity, bankrupt corporation) · currency: CAD · total assets: 1667 · total liabilities: 3960000
- secured creditorsnote: Statement of Affairs reports secured claims total as stated and estimated by bankrupt/debtor; no individual secured creditor named. · page: 2 · as of: 2025-03-10 · amount: 1667 · debtor: Pioneer Oil Well Service Corp. · creditor: Secured creditors (aggregate as reported) · currency: CAD · security: Funds held in Court
- unsecured creditorsnote: Document names no individual unsecured creditors in the totals; List of Liabilities entry references 'Attn: Jack Maslen' address but no distinct creditor name provided. · page: 2 · as of: 2025-03-10 · basis: Statement of Affairs as reported (totals from the list of liabilities as stated and estimated by bankrupt/debtor) · amount: 3958333 · debtor: Pioneer Oil Well Service Corp. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD