Alberta · NOI
Seventh Report of the Monitor
Court officer report · 2 October 2024
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What we verified from this filing5 verified
- cash on handnote: Ending cash balance for the actual 12-week period ended September 29, 2024; described as approximately $1.4 million. · as at: 2024-09-29 · amount: 1435000 · currency: CAD · qualifier: approximately
- operational summaryRazor Energy continues critical oil and gas operations while advancing a Corporate Transaction (sale of shares via reverse vesting order) with the Corporate Offeror, having completed the FutEra and HWN transactions, amid disputes with joint venture partners over unpaid post-filing obligations.
- professional feesnote: Actual professional & sales agent fees for the 12-week actual period; budget was $360,000, variance $(19,000). · party: Monitor, Monitor's Counsel, Razor Entities' legal counsel, and Sales Agent · amount: 379000 · period: July 8, 2024 to September 29, 2024 · currency: CAD
- report date2 October 2024
- report noSeventh Report