Alberta · Receivership (court-appointed)
Fourth Report of the Receiver - Filed April 20, 2026
Court officer report · 20 April 2026
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What we verified from this filing8 verified
- operational summaryThe Receiver has substantially completed the sale process for Tallahassee's oil and gas licensed assets, filed multiple limited discharge certificates relinquishing remaining licensed properties, and is proceeding toward final discharge with no distribution expected to pre-filing creditors.
- professional feesnote: Includes GST of $4,504; Fasken Martineau DuMoulin LLP (Receiver's counsel) fees for December 1, 2025 to March 31, 2026 totaled $137,929 including GST of $6,554. · party: Receiver (PricewaterhouseCoopers Inc., LIT) · amount: 94591 · period: September 1, 2025 to March 31, 2026 · currency: CAD
- purchaserPEYTO EXPLORATION & DEVELOPMENT CORP.
- recovery outcomeentries: basis: unstated · quote: Given the result of the Sale Process and the nature of Tallahassee's assets and associated liabilities, there will be no distribution to any of Tallahassee's pre-filing creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Tallahassee's pre-filing creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-20 · table missing:
- report date20 April 2026
- report noFourth Report
- sale advisorSayer
- sale outcometext: the Receiver will be seeking Orders from this Honourable Court approving the April Proposed Transactions and related purchase and sale agreements · scope: parcel · status: pending_approval