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Receivership Sale: Trident Exploration Corp

November 21, 2019 7:43 AM
BOE Report Staff

Sayer Energy Advisors has been engaged to assist PricewaterhouseCoopers Inc. (“PwC”) in its capacity as Court-appointed receiver of Trident Exploration Corp., Trident Exploration (WX) Corp., Trident Exploration (Alberta) Corp., Trident Limited Partnership, Trident Exploration (Aurora) Limited Partnership 1, Trident Exploration (2004) Limited Partnership 1, Trident Exploration (2006) Limited Partnership 1, and Fenergy Corp. (collectively “Trident” or the “Company”) with the sale of all of the Company’s remaining oil and natural gas properties, which are located in central and northern Alberta (the “Properties”).

PwC was appointed by the Court pursuant to an application made by the Orphan Well Association and intends to divest the Properties, in whole or in part.

The Company’s wells have been grouped into various packages to reflect common meter stations where applicable, as well as to relieve LLR burden for prospective purchasers.  Additional wells which do not fall into these packages have been grouped under a miscellaneous category.

More specific information is available at www.sayeradvisors.com.  A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement (copy attached).

Offers relating to this divestiture will be accepted until 12:00 pm on Thursday, December 19, 2019.

For further information please feel free to contact: Tom Pavic, Ben Rye, Grazina Palmer or Alan Tambosso at 403.266.6133.

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