Alberta · Bankruptcy
First Report of the Trustee
Court officer report · 23 April 2022
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What we verified from this filing10 verified
- appointeeBDO Canada Limited
- courtCOURT OF QUEEN'S BENCH OF ALBERTA
- court file no25-265145
- appointee roletrustee
- commencement date1 October 2019
- unsecured creditorspage: 5 · as of: date claim filed with Trustee (proof of claim) · basis: Formal claim filed with the Trustee · amount: 52.32 · debtor: Giant Grosmont Petroleums Ltd. · creditor: Canadian Natural Resources Limited · currency: CAD
- unsecured creditorsnote: Substantially all of claim relates to Company's proportionate share of abandonment, remediation and reclamation work undertaken by Cenovus · page: 5 · as of: date claim filed with Trustee (proof of claim) · basis: Formal claim filed with the Trustee · amount: 303101.73 · debtor: Giant Grosmont Petroleums Ltd. · creditor: Cenovus Energy Inc. · currency: CAD
- financial positionnote: The Trustee is not aware of the existence of any secured claims or claims that may be subject to a deemed trust. Figure represents approximate funds available in Trustee's trust account, net of Final Professional Fees not yet deducted (Residual Funds). · page: 7 · as at: 2022-04-22 · basis: Trustee's updated Statement of Receipts and Disbursements (unaudited) · scope: Estate of Giant Grosmont Petroleums Ltd. (bankruptcy estate), trust account funds only · currency: CAD · total assets: 117000
- unsecured creditorsnote: Regulatory obligation under s.30 Oil and Gas Conservation Act owed to parties carrying out abandonment/reclamation work; not a proven claim filed by AER itself; $13,438.95 of this total (approx. 23%) is disputed by Mr. Watson per Appendix C · page: 7 · as of: AER calculation provided to Trustee, as set out in Appendix B · basis: AER's calculation of Company's estimated End-of-Life Obligations based on AER Reflected Interests (Appendix B); constitutes an unsecured financial obligation per Trustee · amount: 57588.6 · debtor: Giant Grosmont Petroleums Ltd. · creditor: AER Reflected Interests - estimated End-of-Life Obligations (unsecured, contingent) · currency: CAD
- secured creditors