Alberta · NOI
Second Report of the Monitor
Court officer report · 18 March 2024
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 filing5 verified
- cash on handnote: Ending cash balance as at end of two-week actual period March 4-17, 2024; stated as 'approximately $1.2 million' · as at: 2024-03-17 · amount: 1203000 · currency: CAD · qualifier: approximately
- operational summaryThe Razor Entities continue operating oil and gas assets (with South Swan Hills production shut-in amid the Judy Creek Gas Plant access dispute with Conifer) while running a SISP sale/investment process and evaluating multiple offers received by the March 12, 2024 bid deadline.
- professional feesnote: Actual figure from budget-to-actual table (C$ 000s); combined figure for multiple professionals, not broken out individually · party: Professional & Sales Agent fees (Monitor, Monitor's Counsel, Razor Entities' legal counsel, and Sales Agent) · amount: 122000 · period: March 4, 2024 to March 17, 2024 · currency: CAD
- report date18 March 2024
- report noSecond Report