Canadian Oil Driller Seeks US Recognition Of Reorg Filings

By Rick Archer · March 11, 2024, 7:00 PM EDT

A Canadian operator of Wyoming oil and gas wells Monday asked a Delaware court to recognize its Canadian insolvency proceedings, saying it is out of cash, $92 million in debt and...

To view the full article, register now.

Bankruptcy Scorecard

Summary

A Canadian operator of Wyoming oil and gas wells asked for U.S. recognition of its Canadian insolvency proceedings, saying it is out of cash, in debt and looking for a buyer after years of production problems.

Case Number

1:24-bk-10376

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$92 million

View Full Scorecard