Alberta · Receivership (court-appointed)
Seventh Report of the Receiver
Court officer report · 2 November 2026
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 filing8 verified
- unsecured creditorsnote: Regulatory claimant; no amount stated on these pages. Priority/class not stated here. · page: 4 · basis: Court-approved interim and future distributions to the AER (March 23, 2026 order) · debtor: Long Run Exploration Ltd. · creditor: Alberta Energy Regulator (AER) · currency: CAD
- secured creditorsnote: Security DISCHARGED/cancelled: per the Minister's letter of October 15, 2026, the CCB fixed charges on all of Long Run's interests in land were cancelled; the Receiver considers the matter fully resolved and withdrew the CCB Charge Application. No amount stated on these pages. Court order discharging the CCB fixed charge was previously granted December 15, 2025. · page: 8 · debtor: Long Run Exploration Ltd. · creditor: China Construction Bank Toronto Branch (CCB) · currency: CAD · security: Fixed charges registered against Long Run's interests in land
- operational summaryThe Receiver reports that all of Long Run's material saleable Property has now been sold, with one final proposed sale (to Loyal) before the court, and that it is winding down the receivership and Long Run.
- purchaserLoyal Energy (Canada) Operating Ltd.
- report date2 November 2026
- report noSeventh Report
- sale advisorSayer Energy Advisors
- sale outcometext: The Receiver entered into an APA with Loyal for a significant number of Long Run's remaining mineral leases and recommends approval of the sale approval and vesting orders for the Proposed Loyal Transaction. · scope: parcel · status: pending_approval