Alberta · Receivership (court-appointed)
Approval and Vesting Order (Sale by Receiver of certain assets to Corse Energy Corp.)
Approval and vesting order · 19 February 2020
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 filing6 verified
- closing termsVesting is effective upon delivery of the Receiver's Closing Certificate to the Purchaser (or its nominee), subject only to AER approval of transfer of licences, permits and approvals.
- order date19 February 2020
- presiding officerJustice K. M. Eidsvik
- purchaserCorse Energy Corp.
- sale outcometext: Court approves the Receiver's sale of certain oil and gas assets to Corse Energy Corp. and vests them in the Purchaser (or its nominee) free and clear upon delivery of the Receiver's Closing Certificate. · scope: parcel · status: approved
- sealed itemsConfidential version of the Sale Agreement, appended to the Confidential Supplement to the Second Report as Confidential Appendix B