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Salt Bush Energy Ltd.

Introduction and Overview

On January 13, 2021, Salt Bush filed a Notice of Intention to Make a Proposal (the "NOI") pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (the "BIA"). Deloitte Restructuring Inc. ("Deloitte") consented to act as proposal trustee under the NOI (the "Proposal Trustee"). Pursuant to Section 69(1) of the BIA, all proceedings against the Company are now stayed and services to the Company cannot be discontinued.

Sales Process

Pursuant to a Court order issued on February 12, 2021, the Proposal Trustee has been authorized to carry out a "stalking horse" marketing and sales process (the "Sales Process") for Salt Bush's assets or a restructuring or recapitalization transaction involving Salt Bush.

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 are posted below. The deadline for submission of offers is April 16, 2021.


Publicly available documents will be posted to this website.


Contact Information

For further information, please contact Naomi McGregor at 403-503-1423 or naomcgregor@deloitte.ca.


Documents

The documents hosted on this page may not meet Provincial Accessibility standards. We will respond to any requests for accessible formats regarding public documents and address those requests in a timely and appropriate manner. Please contact us at ashkeene@deloitte.ca.

1)  Court Orders



2)  Motion Materials



3)  Reports



4)  Notices and Other Documents



5)  Service Lists



6)  Sales Process



Last updated Jul 8, 2021

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