Hardie & Kelly Glencoe Resources Ltd.Glencoe Resources Ltd.

Receivership Proceedings

On January 23, 2017, the Court of Queen’s Bench of Alberta (the “Court”) grant an Order appointing Hardie & Kelly Inc. as Receiver  and Manager (the “Receiver”) of Glencoe Resources Ltd. (“Glencoe” or the “Company”).

Contact person for the Receiver: Charla Smith at 403-536-8506 or csmith@insolvency.net

Sales Process

The Receiver has engaged CB Securities Inc. as its sales advisor to oversee a sales process of all of Glencoe’s oil and gas interests.  Deadline for offers is August 2, 2017.

Interested parties should contact Mr. Darryl Derouin, of CB Securites Inc., at 403-781-7041 or dderouin@cbsecurities.com for further information.

Sales Applications

The Receiver has made applications on September 14, 2017, October 2, 2017, October 18, 2017, November 8, 2017, and November 15, 2017 for approval of several sales and a settlement transaction relating to portions of Glencoe’s assets.  Application documents and copies of Court Orders are provided below.

The Receiver anticipates a further application will eventually be scheduled to deal with the remaining assets.

Court Filings and Orders

Receiver’s Reports