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Strategic Oil & Gas Ltd. and Strategic Transmission Ltd.

Strategic Oil & Gas Ltd. and Strategic Transmission Ltd

Strategic Oil & Gas Ltd. and Strategic Transmission Ltd

Strategic Oil & Gas Ltd. and Strategic Transmission Ltd

KPMG Inc. was appointed as Monitor (the "Monitor" or "KPMG") pursuant to an order (the "Initial Order") issued by the Court of Queen's Bench of Alberta (the "Court") on April 10, 2019 filed by Strategic Oil & Gas Ltd. and Strategic Transmission Ltd. (collectively, the "Company") under the Companies' Creditors Arrangement Act, R.S.C. 1985 c. C-36 as amended (the "CCAA")

The Initial Order granted, amongst other things, a stay of proceedings until May 6, 2019 while the Company pursues restructuring initiatives under the CCAA. 

On May 6, 2019, the Court of Queen's Bench of Alberta granted a stay extension until and including June 5, 2019. Additionally, the Court approved the payment of the First Installment in accordance with the provisions of the KERP.

On May 9, 2019, the Court of Queen's Bench of Alberta granted a revised stay extension until and including September 30, 2019. Further, the Court approved the SISP and the Stalking Horse Bid.

The Monitor will post additional relevant information and documentation related to these proceedings on the Monitor's website as they become available.

Contact Information

Cameron Browning
cbrowning@kpmg.ca

 

Sale and Investment Solicitation Process:

Sale and Investment Solicitation Package [PDF 127 KB]

 

Court Order

CCAA Initial Order dated April 10, 2019 [PDF 4.9 MB] -2019-04-10

CCAA Order Sealing Confidential Exhibit dated April 10, 2019 [PDF 676.3 KB] -2019-04-10

Order (Stay Extension and KERP Payment) [PDF 507 KB] -2019-05-06

Order (Approval of SISP, Stalking Horse and Stay Extension) [PDF 6.7 MB] -2019-05-09

 

Motion Materials

Affidavit of Remi Anthony Berthelet dated April 10, 2019 [PDF 23.6 MB] -2019-04-10

Bench Brief of the Applicants dated April 10, 2019 [PDF 4.7 MB] -2019-04-10

Consent to Act - CCAA [PDF 228.2 KB] -2019-04-10

Originating Application dated April 10, 2019 [PDF 13.5 MB] -2019-04-10

Affidavit of Remi Anthony (Tony) Berthelet (Extension Application) [PDF 2.9 MB] -2019-04-29

Application (Extension) [PDF 1.6 MB] -2019-04-29

Amended Application [PDF 4.4 MB] -2019-05-03

 

Letter to Service List

Letter to Service List [PDF 637 KB] - 2019-04-29

Letter to Service List (Amended Application) [PDF 737 KB] - 2019-05-03

Letter to Service List (First Supplemental) [PDF 1.8 MB] - 2019-05-03

Letter to Service List (re Order - Stay Extension and KERP Payment) [PDF 5.6 MB] - 2019-05-06

Letter to Service List (Second Supplemental) [PDF 1.8 MB]

Letter to Service List (re Order - Approval of SISP, Stalking Horse and Stay Extension) [PDF 758 KB] -2019-05-10

 

Notices

Letter to Creditors [PDF 91 KB] -2019-04-12

List of Known Creditors with Claims over $1,000 [PDF 82 KB] -2019-04-12

 

Monitor's Report

First Report of the Monitor [PDF 6.7 MB] - 2019-04-29

First Supplemental Report of the Monitor [PDF 3.2 MB] -2019-05-03

Second Supplemental Report of the Monitor [PDF 829 KB] -2019-05-09

 

 

 

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