ARCO Capital Partners Inc. (“ARCO”) has been engaged to assist Grant Thornton Limited, in its capacity as Court appointed receiver (the “Receiver”) of Elcano Exploration Inc., Elcano Exploration Ltd. and Elcano Energy Partnership (collectively, “Elcano” or “Company”), with the sale of Company’s light oil producing assets in Manitoba and non-producing interests in Alberta (the “Assets”) through a sale and investment solicitation process (the “SISP”) which was filed for approval on December 20, 2021.
Company and Asset highlights:
The deadline for non-binding proposals is January 28, 2022, but such date may be subject to change by the Receiver.
Further details on the process can be found in the Information Memorandum or by contacting ARCO directly at https://arcocapital.ca/contact.