Alberta · Receivership (court-appointed)

Receiver's Form 245 Filing

Notice of receiver (s. 245 / Form 87) · 9 September 2016

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What we verified from this filing2 verified

financial positionnote: Asset components: Accounts receivable $19,221; Deposits and prepaid expenses $2,024; Derivative Assets $4,419; Property, plant and equipment $308,993; Exploration and evaluation assets $22,608 (all in thousands of CAD). No liabilities figure stated on these pages. · page: 2 · as at: 2016-07-31 · basis: Unaudited financial statements of the Debtor as at July 31, 2016; book value; not audited, reviewed, or verified by the Receiver, which provides no comment on realizable value · scope: Twin Butte Energy Ltd. (entity level) · currency: CAD · total assets: 357265000
secured creditorsnote: Stated as 'approximately' in the Receiver's Notice and Statement (Form 87); amounts stated in thousands of Canadian dollars. · page: 3 · as of: 2016-09-01 · amount: 205375000 · debtor: Twin Butte Energy Ltd. · creditor: Secured Lender · currency: CAD · security: Security on the property of the Debtor