Alberta · Bankruptcy
Creditors' Package dated August 30, 2022
Notice to creditors · 30 August 2022
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 filing65 verified
- financial positionnote: Deficiency reported as $6,041,094.01. Total unsecured creditors per Statement of Affairs list "A" plus balance of secured claims = $6,041,094.01, versus the itemised creditor listing on pages 3-4 which sums to $6,023,093.99 — the two figures differ by approx. $17,996.02; the document does not reconcile this difference. Preferred creditors per list "C" stated as NIL/0.00. · page: 2 · as at: 2022-08-29 · basis: Statement of Affairs (Form 78) — as stated and estimated by the officer · scope: Petrosun Resources Inc. (single entity) · currency: CAD · total assets: 1 · total liabilities: 6041095.01
- secured creditorsnote: Statement of Affairs also reports a separate 'Balance of secured claims as per list "B"' of $4.00 added to the unsecured total (treated as the deficiency/unsecured portion of secured claims after security value); underlying list "B" not attached to these pages. · page: 2 · as of: 2022-08-29 · amount: 1 · debtor: Petrosun Resources Inc. · creditor: Secured creditors (aggregate per list "B", Statement of Affairs) · currency: CAD · security: List "B" not provided in these pages; no individual secured creditor named
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 21157.5 · debtor: Petrosun Resources Inc. · creditor: 709125 AB Ltd · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 4500 · debtor: Petrosun Resources Inc. · creditor: Bernice Holman · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 217000 · debtor: Petrosun Resources Inc. · creditor: Bin Huang · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 359633.28 · debtor: Petrosun Resources Inc. · creditor: Binyan Yu · currency: CAD
- unsecured creditorsnote: Listed among unsecured creditors; Statement of Affairs reports secured claims list "B" totalling only $1.00, so this loan appears to be treated as unsecured. · page: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 60000 · debtor: Petrosun Resources Inc. · creditor: BMO loan · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 414525.6 · debtor: Petrosun Resources Inc. · creditor: Bo Lin · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7250 · debtor: Petrosun Resources Inc. · creditor: Boniface James Sieben · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 10499.78 · debtor: Petrosun Resources Inc. · creditor: Caltex Resources Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 109540.46 · debtor: Petrosun Resources Inc. · creditor: Capstone Oilfield Services Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 29900 · debtor: Petrosun Resources Inc. · creditor: Cody Lawrence Kohlman and April Maria Kohlman · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7200 · debtor: Petrosun Resources Inc. · creditor: Daryl Berthold Sieben and Bonnie Mae Sieben · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 1916.88 · debtor: Petrosun Resources Inc. · creditor: D'Lanne Electro Controls (2000) Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7250 · debtor: Petrosun Resources Inc. · creditor: Doreen Marie Sieben · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 1000 · debtor: Petrosun Resources Inc. · creditor: Doreen Marie Sieben and Boniface James Sieben · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 89.42 · debtor: Petrosun Resources Inc. · creditor: Emerson Electric Canada Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 309477.59 · debtor: Petrosun Resources Inc. · creditor: Fang Zeng · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 14450 · debtor: Petrosun Resources Inc. · creditor: Felix Feser · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 5000 · debtor: Petrosun Resources Inc. · creditor: Franklin Land & Cattle Co. Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3500 · debtor: Petrosun Resources Inc. · creditor: Gerald Brost and Laurie Brost · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3690.75 · debtor: Petrosun Resources Inc. · creditor: Gerald Chambers Enterprises Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 400839.59 · debtor: Petrosun Resources Inc. · creditor: Golden Wheat Farming Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 9135 · debtor: Petrosun Resources Inc. · creditor: GT Transfer Services Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 57262.8 · debtor: Petrosun Resources Inc. · creditor: Haiyan Yu · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 2560 · debtor: Petrosun Resources Inc. · creditor: James George Krieger and Denise Marie Krieger · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 4000 · debtor: Petrosun Resources Inc. · creditor: Joseph Francis Wandler and Denise Marie Wandler · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 171788.4 · debtor: Petrosun Resources Inc. · creditor: Juanzhen Lin · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7600 · debtor: Petrosun Resources Inc. · creditor: Kelvin Bernard Ollenberger and Sylvia Ollenberger · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 4820 · debtor: Petrosun Resources Inc. · creditor: Kelvin Ollenberger · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 15644.7 · debtor: Petrosun Resources Inc. · creditor: LandSolutions Environmental LP. · currency: CAD
- unsecured creditorsnote: Same individual who acted as Mandarin interpreter for the affiant's Statement of Affairs affidavit (page 2); no relatedness explicitly stated. · page: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 309051.19 · debtor: Petrosun Resources Inc. · creditor: Lei Sun · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 147.62 · debtor: Petrosun Resources Inc. · creditor: Long Run Exploration Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 16100 · debtor: Petrosun Resources Inc. · creditor: Loren George Ollenberger · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 5000 · debtor: Petrosun Resources Inc. · creditor: Lucky Transport Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3500 · debtor: Petrosun Resources Inc. · creditor: Lyle Brost and Nicole Brost · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7400 · debtor: Petrosun Resources Inc. · creditor: Mary Lou Anne Schechtel · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3460.5 · debtor: Petrosun Resources Inc. · creditor: Maureen Elizabeth Neufeld · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 5100 · debtor: Petrosun Resources Inc. · creditor: Michael Cornelius Schachtel · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 4148 · debtor: Petrosun Resources Inc. · creditor: Michael John Allsopp · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 309406.39 · debtor: Petrosun Resources Inc. · creditor: Minhong Yu · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 630 · debtor: Petrosun Resources Inc. · creditor: Oil Spill Contingency Groups #4 & #5 · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 39150 · debtor: Petrosun Resources Inc. · creditor: Patrick Walsh · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 2979.38 · debtor: Petrosun Resources Inc. · creditor: Prax Enterprises Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 6015 · debtor: Petrosun Resources Inc. · creditor: Doreen Marie Sieben and Daryl Berthold Sieben · currency: CAD
- unsecured creditorspage: 3 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 115.5 · debtor: Petrosun Resources Inc. · creditor: 1662898 Alberta Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 6896.5 · debtor: Petrosun Resources Inc. · creditor: Rural Municipality of Bengough No.40 · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 163999.3 · debtor: Petrosun Resources Inc. · creditor: Rural Municipality of Eye Hill No. 382 · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 1012.4 · debtor: Petrosun Resources Inc. · creditor: Rural Municipality of Grass Lake No.381 · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 565.9 · debtor: Petrosun Resources Inc. · creditor: Rural Municipality of Hearts Hill No.352 · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 114525.6 · debtor: Petrosun Resources Inc. · creditor: Shichun Peng · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 353000 · debtor: Petrosun Resources Inc. · creditor: SMT Investments Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7200 · debtor: Petrosun Resources Inc. · creditor: Stanley Frederick Brosinsky and Georgetta Brosinsky · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3460.5 · debtor: Petrosun Resources Inc. · creditor: Theresa Ann Schell · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 941593.15 · debtor: Petrosun Resources Inc. · creditor: Tianyi Yu · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 749570.04 · debtor: Petrosun Resources Inc. · creditor: Tong Chen · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 20000 · debtor: Petrosun Resources Inc. · creditor: Trinary Technology Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 3000 · debtor: Petrosun Resources Inc. · creditor: TY-BRAN FARMS LTD. · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 21750 · debtor: Petrosun Resources Inc. · creditor: Wayne Joseph Ollenberger · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 1359.69 · debtor: Petrosun Resources Inc. · creditor: West Lake Energy Corp. · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 150000 · debtor: Petrosun Resources Inc. · creditor: Xiaodu Wu · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 114525.6 · debtor: Petrosun Resources Inc. · creditor: Xiaoyan Yu · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 250000 · debtor: Petrosun Resources Inc. · creditor: Yaletown Energy Capital Corp. · currency: CAD
- unsecured creditorsnote: Related party — same individual (Yuhu Zhang) swore the Statement of Affairs as an officer/representative of the bankrupt corporation (page 2). · page: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 140000 · debtor: Petrosun Resources Inc. · creditor: Yu Hu Zhang · currency: CAD
- unsecured creditorspage: 4 · as of: 2022-08-29 · basis: Listing of creditors with claims of $25 or more (Form 68 attachment) · amount: 7200 · debtor: Petrosun Resources Inc. · creditor: Robert & Valerie Volk · currency: CAD