Alberta · CCAA
First Report of the Monitor dated April 30, 2025
Court officer report · 30 April 2025
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What we verified from this filing12 verified
- courtCourt of King's Bench of Alberta
- court file no2501 03468
- provinceAlberta
- report date30 April 2025
- report noFirst Report
- statutory basisCompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- commencement date11 March 2025
- proceeding typeCCAA Proceedings
- secured creditorsThird Eye Capital Corporation (TEC), agent for Erikson's secured lenders and Interim Lender
- operational summaryAs of the Filing Date, the Oil & Gas Assets were shut-in and not producing and remain shut-in, except for intermittent production required in respect of the Wildboy Gas Plant.
- professional feesamount: 255462.41 · currency: CAD
- fee scheduleengagements: form: invoice_listing · rows: · money: tax: label: GST · quote: 12,164.90 · amount: 12164.9 · fees: quote: 242,110.25 · amount: 242110.25 · total: quote: 255,462.41 · amount: 255462.41 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,187.26 · amount: 1187.26 · period: end: 2025-04-28 · kind: invoice · quote: FOR THE PERIOD OF SEPTEMBER 30, 2024 TO APRIL 28, 2025 · start: 2024-09-30 · approval: state: unstated · averages: · currency: · invoices: tax: 2365.44 · fees: 47088.75 · quote: September 30, 2024 to October 21, 2024 | 3992 | 47,088.75 | 220.00 | 47,308.75 | 2,365.44 | 49,674.19 · total: 49674.19 · period end: 2024-10-21 · period start: 2024-09-30 · disbursements: 220; tax: 463.91 · fees: 9087.5 · quote: October 22, 2024 to October 31, 2024 | 4020 | 9,087.50 | 190.61 | 9,278.11 | 463.91 | 9,742.02 · total: 9742.02 · period end: 2024-10-31 · period start: 2024-10-22 · disbursements: 190.61; tax: 1181.28 · fees: 23617.5 · quote: November 1, 2024 to November 17, 2024 | 4054 | 23,617.50 | 8.00 | 23,625.50 | 1,181.28 | 24,806.78 · total: 24806.78 · period end: 2024-11-17 · period start: 2024-11-01 · disbursements: 8; tax: 1184.44 · fees: 23688.75 · quote: November 18, 2024 to November 30, 2024 | 4072 | 23,688.75 | - | 23,688.75 | 1,184.44 | 24,873.19 · total: 24873.19 · period end: 2024-11-30 · period start: 2024-11-18; tax: 1934.56 · fees: 38691.25 · quote: December 1, 2024 to December 31, 2024 | 4134 | 38,691.25 | - | 38,691.25 | 1,934.56 | 40,625.81 · total: 40625.81 · period end: 2024-12-31 · period start: 2024-12-01; tax: 1364 · fees: 27280 · quote: January 1, 2025 to January 31, 2025 | 4194 | 27,280.00 | - | 27,280.00 | 1,364.00 | 28,644.00 · total: 28644 · period end: 2025-01-31 · period start: 2025-01-01; tax: 1376.88 · fees: 27537.5 · quote: February 1, 2025 to February 28, 2025 | 4259 | 27,537.50 | - | 27,537.50 | 1,376.88 | 28,914.38 · total: 28914.38 · period end: 2025-02-28 · period start: 2025-02-01; tax: 1527.26 · fees: 30426.5 · quote: March 1, 2025 to March 31, 2025 | 4311 | 30,426.50 | 118.65 | 30,545.15 | 1,527.26 | 32,072.41 · total: 32072.41 · period end: 2025-03-31 · period start: 2025-03-01 · disbursements: 118.65; tax: 767.13 · fees: 14692.5 · quote: April 1, 2025 to April 28, 2025 | 4371 | 14,692.50 | 650.00 | 15,342.50 | 767.13 | 16,109.63 · total: 16109.63 · period end: 2025-04-28 · period start: 2025-04-01 · disbursements: 650 · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. (' KSV ') consented to act as proposal trustee · context quote: KSV Restructuring Inc. Suite 1165, 324 - 8th Avenue SW Calgary, Alberta T2P 2Z2; form: invoice_listing · rows: · money: tax: label: GST · quote: 6,187.61 · amount: 6187.61 · fees: quote: 117,113.51 · amount: 117113.51 · total: quote: 130,711.85 · amount: 130711.85 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 7,410.73 · amount: 7410.73 · period: end: 2025-04-28 · kind: invoice · quote: FOR THE PERIOD OF SEPTEMBER 30, 2024 TO APRIL 28, 2025 · start: 2024-09-30 · approval: state: unstated · averages: · currency: · invoices: tax: 894.69 · fees: 17865 · quote: October 7, 2024 to October 20, 2024 | 2050198 | 17,865.00 | 28.88 | 17,893.88 | 894.69 | 18,788.57 · total: 18788.57 · period end: 2024-10-20 · period start: 2024-10-07 · disbursements: 28.88; tax: 627.73 · fees: 12554.5 · quote: October 21, 2024 to November 3, 2024 | 2055793 | 12,554.50 | 20.00 | 12,574.50 | 627.73 | 13,202.23 · total: 13202.23 · period end: 2024-11-03 · period start: 2024-10-21 · disbursements: 20; tax: 453.52 · fees: 8181.5 · quote: November 4, 2024 to November 19, 2024 | 2060830 | 8,181.50 | 958.96 | 9,140.46 | 453.52 | 9,593.98 · total: 9593.98 · period end: 2024-11-19 · period start: 2024-11-04 · disbursements: 958.96; tax: 1115.52 · fees: 22060 · quote: November 20, 2024 to December 2, 2024 | 2068258 | 22,060.00 | 540.49 | 22,600.49 | 1,115.52 | 23,716.01 · total: 23716.01 · period end: 2024-12-02 · period start: 2024-11-20 · disbursements: 540.49; tax: 845.84 · fees: 15917.5 · quote: December 3, 2024 to December 16, 2024 | 2075703 | 15,917.50 | 1,089.39 | 17,006.89 | 845.84 | 17,852.73 · total: 17852.73 · period end: 2024-12-16 · period start: 2024-12-03 · disbursements: 1089.39; tax: 143.07 · fees: 337.5 · quote: December 17, 2024 to December 31, 2024 | 2087033 | 337.50 | 2,523.96 | 2,861.46 | 143.07 | 3,004.53 · total: 3004.53 · period end: 2024-12-31 · period start: 2024-12-17 · disbursements: 2523.96; tax: 177.85 · fees: 2850 · quote: January 1, 2025 to January 19, 2025 | 2091750 | 2,850.00 | 726.97 | 3,576.97 | 177.85 | 3,754.82 · total: 3754.82 · period end: 2025-01-19 · period start: 2025-01-01 · disbursements: 726.97; tax: 199.21 · fees: 3675 · quote: January 20, 2025 to February 2, 2025 | 2093049 | 3,675.00 | 309.20 | 3,984.20 | 199.21 | 4,183.41 · total: 4183.41 · period end: 2025-02-02 · period start: 2025-01-20 · disbursements: 309.2; tax: 401.15 · fees: 7875 · quote: February 2, 2025 to February 23, 2025 | 2098601 | 7,875.00 | 278.33 | 8,153.33 | 401.15 | 8,554.48 · total: 8554.48 · period end: 2025-02-23 · period start: 2025-02-02 · disbursements: 278.33; tax: 281.71 · fees: 5409 · quote: February 24, 2025 to March 3, 2025 | 2103902 | 5,409.00 | 225.29 | 5,634.29 | 281.71 | 5,916.00 · total: 5916 · period end: 2025-03-03 · period start: 2025-02-24 · disbursements: 225.29; tax: 506.89 · fees: 10041 · quote: March 4, 2025 to March 13, 2025 | 2107466 | 10,041.00 | 228.28 | 10,269.28 | 506.89 | 10,776.17 · total: 10776.17 · period end: 2025-03-13 · period start: 2025-03-04 · disbursements: 228.28; tax: 34.3 · fees: 225 · quote: March 14, 2025 to March 31, 2025 | 2119885 | 225.00 | 480.98 | 705.98 | 34.30 | 740.28 · total: 740.28 · period end: 2025-03-31 · period start: 2025-03-14 · disbursements: 480.98; tax: 506.13 · fees: 10122.51 · quote: April 1, 2025 to April 28, 2025 | | 10,122.51 | - | 10,122.51 | 506.13 | 10,628.64 · total: 10628.64 · period end: 2025-04-28 · period start: 2025-04-01 · context quote: Robyn Gurofsky / Jessica Cameron · firm unverified: true