Alberta · Receivership (court-appointed)
Trustee's Second Report to Court filed June 18, 2026
Court officer report · 18 June 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 filing4 verified
- operational summaryThe Company is not currently operating and all 170 licensed wells are shut in; it is seeking interim financing from an interested party to run a sale and investment solicitation process. About 360 m3 of oil may remain at well sites, but recovery (roughly $100,000 upfront cost) has not yet been carried out.
- report date18 June 2026
- report noSecond Report
- sale outcometext: Company is actively attempting to secure interim financing to allow a SISP to be undertaken · scope: whole_business · status: process_approved