• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • BOE Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Salt Bush Energy Ltd. sale and investment solicitation procedure

February 18, 20215:44 AM BOE Report Staff

Salt Bush Energy Ltd. (the “Company”), in connection with its Notice of Intention to Make a Proposal (the “NOI Proceedings”) commenced on January 13, 2021 pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, has commenced a sale and investment solicitation procedure (“SISP”). Pursuant to a Court order issued on February 12, 2021, Deloitte Restructuring Inc. (“Deloitte”) in its capacity as proposal trustee has been authorized to carry out a “stalking horse” SISP.

The Company is a small Canadian resource company engaged in the production and development of oil and natural gas assets primarily located in the Wizard Lake Oilfield in the province of Alberta, approximately 50 kilometers southwest of Edmonton, Alberta.

Details concerning the assets, sales process and bidding procedures can be obtained by  contacting Deloitte via email at naomcgregor@deloitte.ca or via telephone at (403) 503-1423. The deadline for submission of offers is April 16, 2021.

Additional details in respect of the proposed timeline for the marketing process and a copy of the Sale and Investor Solicitation Process procedures, as well as additional information about the NOI Proceedings, including copies of all Court orders and Proposal Trustee reports, are available on the Proposal Trustee’s website at www.insolvencies.deloitte.ca/en-ca/Pages/Salt-Bush-Energy-Ltd.

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • US drillers cut oil and gas rigs for first time in three weeks – Baker Hughes
  • US natgas prices up 2% as warmer forecasts boost power demand
  • Canadian Rig Count Summary – Active rig count settles at 190
  • Oil prices rise as supply concerns outweigh demand fears
  • Pipestone rebuts latest misleading, false and incoherent arguments from GMT’s Tom Claugus

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • Rigger Talk
    Data Partner
    BOE Network
    © 2023 Stack Technologies Ltd.