Alberta · CCAA

Originating Application - 2025.11.17

Application / notice of application · 17 November 2025

What we verified from this filing2 verified

secured creditorsnote: Described as Canacol's 'primary secured obligations'; a USD$6,746,972.69 payment on this debt was due November 18, 2025 as part of aggregate November Payments of approx. USD$25,432,535.58 owed to secured and unsecured lenders · page: 5 · as of: 2025-11-17 · amount: 37500000 · debtor: Canacol Energy Ltd. (and the Canacol Group) · creditor: Macquarie Bank Ltd. · currency: USD · security: Primary secured lender; Macquarie holds valid and enforceable secured claims over specific Property, which claims rank ahead of the proposed Administration Charge and Directors' Charge
financial positionnote: Only total liabilities stated ('combined total liabilities of approximately USD$906,816,000'); no total assets or balance sheet provided on these pages · page: 6 · basis: approximate, as stated by Applicants in support of CCAA jurisdictional threshold · scope: consolidated - the Canacol Group (all Applicants) · currency: USD · total liabilities: 906816000