Hardie & Kelly Case StudiesCase Studies

Canadian Superior Energy Inc., et al

Hardie & Kelly acted as the Court appointed Monitor of the Canadian Superior Energy Inc. (“CSEI”) group of companies.  CSEI operated as an oil and gas exploration company with substantially all of its production and cash flow being derived from operations in Western Canada.  CSEI also owned or held assets and oil and gas interests in Trinidad and Tobago, offshore Tunisia and Libya, New Jersey and offshore Nova Scotia.  A Plan of Compromise and Arrangement was ultimately formulated, approved and implemented which saw creditors paid 100% of their proven claims, plus interest.