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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, November 15, 2017 and March 8, 2018 for approval of transactions relating to portions of Glencoe’s assets. Application documents and copies of Court Orders are provided below.
Renunciation of Assets
The Receiver has issued notices to the relevant parties of its renunciation of certain assets of Glencoe. Copies of these notices are provided below.
Court Filings and Orders
- Affidavit of Thomas A. Dugan (with Exhibits “A to “G”) – January 16, 2017
- Affidavit of Thomas A. Dugan (Exhibit “H”) – January 16, 2017
- Affidavit of Thomas A. Dugan (Exhibits “I” and “J”) – January 16, 2017
- Application re: Appointment of Receiver – returnable January 23, 2017
- Receivership Order – January 23, 2017
- Application re: Sales Process and Gas Marketing Transactions – returnable April 19, 2017
- Order Approving Sales Process – April 19, 2017
- Application re borrowing – June 2, 2017
- Order Increasing Borrowing Powers – June 8, 2017
- FILED Application – Sept 14 2017
- Revised documents Service Letter – Sept 13 2017
- Approval and Vesting Order (Bonavista) – FILED Sept 15 2017
- Sealing Order (Confidential Supplement to Third Report) – FILED Sept 15 2017
- Receiver_s Certificate re Bonavista sale – FILED Sept 27, 2017
- Application (Oct.2) – FILED Sept 28, 2017
- Approval and Vesting Order (1516443) – FILED Oct 4, 2017
- Sealing Order – FILED Oct 4, 2017
- Receiver’s Certificate re 1516443 Alberta Ltd sale – FILED Oct 13 2017
- Application (Oct 18) – FILED Oct 13, 2017
- Approval & Vesting Order (Black Crane) – FILED Oct 19, 2017
- Approval & Vesting Order (CNR) – FILED Oct 19, 2017
- Approval & Vesting Order (Ellisboro) – FILED Oct 19, 2017
- Order Approving Accounts – FILED Oct 19, 2017
- Sealing Order – FILED Oct 19, 2017_8592628_1
- Application (Nov 8)- FILED Nov 1, 2017
- Application (Nov 15) – FILED Nov 7, 2017
- Approval & Vesting Order (Lynx) – FILED Nov 8, 2017
- Sealing Order – FILED Nov 8, 2017
- Sealing Order – FILED Nov 16, 2017
- Approval & Vesting Order (Sequoia) – FILED Nov 16, 2017
- Receiver’s Certificate re Settlement Agreement- FILED Nov 17, 2017
- Receiver’s Certificate re Black Crane sale – FILED Nov 17 2017
- Receiver’s Certificate re CNR sale – FILED Dec 21, 2017
- Receiver’s Certificate re Lynx sale – FILED Jan 12, 2018
- Application (March 8) FILED March 1, 2018
- Approval & Vesting Order (Head First) – FILED Mar 8, 2018
- Approval & Vesting Order (Rising Star) – FILED Mar 8, 2018
- Order Approving Accounts – FILED Mar 8, 2018
- Sealing Order – FILED Mar 8, 2018
- Receiver’s Certificate (Head First) – FILED March 15, 2018
- Receiver’s Certificate (Rising Star) – FILED March 15, 2018
Receiver’s Reports
- First Report of Receiver – April 13, 2017
- Receiver’s Second Report – June 2, 2017
- FILED Receiver’s Third Report – Glencoe Resources Ltd
- Receiver’s Fourth Report – FILED Sept 28, 2017
- Receiver’s Fifth Report – FILED Oct 13 2017
- Receiver’s Sixth Report – FILED Nov 1, 2017
- Receiver’s Seventh Report – FILED Nov 7, 2017
- Receiver’s Eighth Report – FILED March 1, 2018
Renunciation Notices