Southern Pacific Resource Corp. et al


Receivership

Page last updated: November 15, 2017

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.



Status of file as of October 18, 2017

The Court of Queen’s Bench of Alberta granted an Order on October 17 giving the Receiver authorization to disclaim the Company's oil sands assets and facility at Fort McKay, Alberta (the "McKay Facility"), and to work with the Alberta Energy Regulator to arrange for an orderly transition thereof. The court granted the Receiver a conditional discharge, to take final effect upon the Receiver filing a Certificate of Discharge after fulfilling its remaining duties, as described in the Receiver's Fourth Report.  

Status of File as of June 30, 2017

The Court of Queen’s Bench of Alberta granted an Order on March 15, 2017 for the Receiver to conduct a Sales Process for the McKay Assets of Southern Pacific Resource Corp. et al in Receivership. The Final Bid deadline has been extended to July 28, 2017. For further information on the Sales Process, please contact the Receiver or Financial Advisor by phone or email. The Contact details are included in the Sales Process Extension document under Creditor Communications.

Status of File as of May 18, 2017

The Court of Queen’s Bench of Alberta granted an Order on March 15, 2017 for the Receiver to conduct a Sales Process for the McKay Assets of Southern Pacific Resource Corp. et al in Receivership. The Final Bid deadline has been extended to June 30, 2017. For further information on the Sales Process, please contact the Receiver or Financial Advisor by phone or email. The Contact details are included in the Sales Process Extension document under Creditor Communications.

Status of File as of June 1, 2015

The Court of Queen’s Bench of Alberta granted an Order on June 1, 2015, placing Southern Pacific Resource Corp. et al in Receivership. PricewaterhouseCoopers Inc. was named as Receiver and Manager in the Order. A copy of the Order is available on this web site.



This Web site will be updated as information becomes available.

For more information, please contact: Liam Murphy, Telephone: +1 403 509 7581, or via Email.
 

Contact us

Liam Murphy
Manager, Deals
Tel: +1 403 509 7581
Email