For further information contact:

 

Kristin Gray

Phone: 780-809-1224 kgray@bowragroup.com

Ascent Oilfield Services Corp., Collaborative Energy Services Inc., and Denarii Well Services Inc. 

 

Overview
 

On October 29, 2019, Ascent Oilfield Services Corp. (“Ascent”), Collaborative Energy Services Inc. (“Collaborative”), and Denarii Well Services Inc. (“Denarii”) (collectively “Collaborative Group” or the “Companies”) filed an assignment into Bankruptcy. The Bowra Group Inc. was appointed Licensed Insolvency Trustee.  We understand the Collaborative Group carried on business as a supplier of oilfield equipment and services out of Camrose, Alberta.

 

Certificate of Appointment/Assignment - Ascent

Certificate of Appointment/Assignment – Collaborative

Certificate of Appointment/Assignment - Denarii

On November 28, 2019, The Bowra Group Inc. was appointed Receiver (the “Receiver”) of the properties, assets and undertakings of Ascent, Collaborative, and Denarii pursuant to a private appointment.

File Updates: 

The Bowra Group Inc., in its capacity as the Receiver of Collaborative Group is seeking offers to purchase the capital asset of the Companies consisting of:

  • Service rigs;

  • Heavy-duty trucks;

  • Catwalk trailers;

  • Commercial trailers;

  • Doghouse trailers; and,

  • Crane carrier.

 

The Bowra Group Inc., in its capacity as the Receiver of Collaborative Group is seeking offer to purchase the shares owned by the Companies:

  • Shares of Ascent Oilfield Services Corp. owned by Collaborative Energy Services Inc.;

  • Shares of 1792911 Alberta Ltd. (“179”) owned by Ascent Oilfield Services Corp.;

  • Shares of Ascent Oilfield Services Corp. Texas (“Ascent Texas”) owned by Ascent Oilfield Services Corp.; and,

  • Shares of Denarii Well Services Inc. owned by Ascent Oilfield Services Corp.

 

The deadline to submit offers is 12:00 pm MT Monday, December 23, 2019.

 

Information Package – Collaborative Energy – December 3, 2019

Creditor Information

 

The First Meeting of Creditors for Collaborative will be held at the Oxford Tower Centennial Room, Suite 1102, 10025 102A Avenue, Edmonton Alberta on the 18th day of November 2019 at 10:00am.

 

First Meeting of Creditor’s Package – Collaborative

Trustee’s Report to Creditors – November 15, 2019 - Collaborative

 

The First Meeting of Creditors for Ascent will be held at the Oxford Tower Centennial Room, Suite 1102, 10025 102A Avenue, Edmonton Alberta on the 18th day of November 2019 at 10:30am.

 

First Meeting of Creditor’s Package – Ascent

Trustee’s Report to Creditors – November 15, 2019 - Ascent

 

The First Meeting of Creditors for Denarii will be held at the Oxford Tower Centennial Room, Suite 1102, 10025 102A Avenue, Edmonton Alberta on the 18th day of November 2019 at 11:00am.

 

First Meeting of Creditor’s Package – Denarii

Trustee’s Report to Creditors – November 15, 2019 - Denarii

Receivership Documents 

 

Receivership Appointment - November 28, 2019

Vancouver Office: 

PO Box 72, Bentall One

505 Burrard Street, Suite 430

Vancouver, B.C.  V7X 1M3

Tel: 604 689 8939

Fax: 604 689 8584

Edmonton Office: 

TD Tower

Suite 1411 – 10088 102 Avenue

Edmonton, AB T5J 2Z1

Tel: 780 809 1224

Fax: 780 705 1946

 

 
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© The Bowra Group.