On February 19, 2014, the Court of Queen’s Bench of Alberta (the “Court”) issued an Order appointing Hardie & Kelly Inc. as Receiver and Manager (the “Receiver”) of Sedna Oil and Gas Ltd.
Contact person for the Receiver: Marc Kelly 403-536-8510 or email@example.com
Status Update as of December 18, 2014
The receivership proceeding has been completed and the principal secured creditors experienced shortfalls from the realization process such that there are no funds available for distribution to unsecured creditors. The Receiver was discharged by Order of the Court on December 18, 2014.
Court Filings and Orders
- Receivership Order – February 19, 2014
- Application re: Approval of Sale /General Conveyance of Working Interest- May 23, 2014
- Order re: Approval of Sale (Meekwap) – May 30, 2014
- Order re: Approval of General Conveyance of Working Interest (Ronalane and Retlaw) – May 30, 2014
- Application re: Discharge – December 11, 2014
- Discharge Order – December 18, 2014