Dalmac Energy Inc., Dalmac Oilfield Services Inc., and Professional Consulting Solutions Ltd.
Overview:
The Bowra Group Inc. was appointed Receiver Manager (the “Receiver”) of Dalmac Energy Inc., Dalmac Oilfield Services Inc., and Interim Receiver of Professional Consulting Solutions Ltd. (collectively the “Companies”) on January 27, 2020 pursuant to a Court Order of the Court of Queen’s Bench of Alberta.
The Companies provide well stimulation and fluid management services which include fluid transfers, hot oiling, vac units, frack heating, well acidizing, tank rentals and equipment primarily serving the oil and gas industry in Western Canada.
On February 20, 2020, The Bowra Group Inc. was appointed Receiver Manager of Professional Consulting Solutions Ltd. (“PCS”) pursuant to a Court Order of the Court of Queen’s Bench of Alberta.
The Companies were adjudged bankrupt by virtue of Bankruptcy Orders granted by the Court of Queen’s Bench of Alberta on March 5, 2020. The Bowra Group Inc. was appointed Licensed Insolvency Trustee.
File Updates:
The Bowra Group Inc., in its capacity as the Receiver of the Companies, is seeking offers to purchase the assets of the Companies consisting of:
-
Heavy-duty trucks;
-
Corporate vehicles;
-
Tank trailers;
-
Flat deck trailers;
-
Skid steer loaders;
-
Liquid storage tanks;
-
Miscellaneous automotive parts and mechanical tools; and,
-
Office furniture and equipment.
The deadline to submit offers is 4:00pm MT Friday, March 20, 2020.
Information Package – Dalmac Group – April 2, 2020
The Receiver, in accordance with its powers under and pursuant to the Receivership Orders, is applying to the Court for an Order approving the sale of the Companies’ assets to be sold at auction by Great American Global Partners LLC, Maynards Industries Inc. and GD Auctions and Appraisals Inc. and vesting title to the end purchasers upon completion of the auction free and clear of all encumbrances. The Receiver’s application is scheduled to be heard at the Edmonton Law Courts at 10:00 a.m. on April 23, 2020. Please be advised that due to rising COVID-19 concerns the application will be proceeding by way of teleconference. There is no necessity for you to attend however, should you wish to appear please contact Kristin Gray (kgray@bowragroup.com) to make arrangements. All application documents, including, the Receiver’s First Report to Court dated April 13, 2020, are posted below.
On April 23, 2020 The Court of Queen’s Bench of Alberta granted an Order approving the sale of the Companies’ assets to be sold at auction by Great American Global Partners LLC, Maynards Industries Inc. and GD Auctions and Appraisals Inc. and vesting title to the end purchasers upon completion of the auction free and clear of any encumbrances.
Pursuant to the Sale Approval and Vesting Order dated April 23, 2020, the Companies’ assets are to be sold in an auction on June 3, 2020. Information for the auction can be found at https://www.cagp.com/events/oilfield-services-truck-trailer-fleet/.
Application Materials:
Affidavit of Jay Hamblin Part 1 of 2 – January 26 2020
Affidavit of Jay Hamblin Part 2 of 2 – January 26 2020
Statement of Claim – January 27, 2020
Application to Appoint Receiver – January 27, 2020
Second Affidavit of Jay Hamblin - February 7, 2020
Consent to Act - Professional Consulting Solutions
Application to Apppoint a Receiver - February 10, 2020
Application for Bankruptcy Order – Dalmac Energy
Application for Bankruptcy Order – Dalmac Oilfield
Application for Bankruptcy Order – PCS
Affidavit of Chet Williams Part 1 of 2 – February 18, 2020
Affidavit of Chet Williams Part 2 of 2 – February 18, 2020
Sale and Vesting Order Application
Application by Receiver - April 16, 2020
Letter to Service List - April 16, 2020
Letter to Unsecured Creditors – April 16, 2020
First Report to the Court - April 13, 2020
Draft Approval and Vesting Order
Notice to Media and Letter to Commercial Coordinator – April 17, 2020
Service List - Dalmac Oilfield
Service List - Dalmac Professional Consulting Services
Supplemental Report to Court – April 22, 2020
Court Orders:
Receivership Order – January 27, 2020
Interim Receivership Order – January 27, 2020
PCS Receivership Order – February 20, 2020
Dalmac Energy Bankruptcy Order – March 5, 2020
Dalmac Oilfield Bankruptcy Order – March 5, 2020
PCS Bankruptcy Order – March 5, 2020
ASC - Cease Trade Order - April 7, 2020
Sealing Order – April 23, 2020
Approval and Vesting Order – April 23, 2020
Creditor Information:
The First Meeting of Creditors for Dalmac Oiflield will be held at the offices of The Bowra Group Inc., Suite 1411 TD Tower, 10088 102 Avenue, Edmonton Alberta on the 24th day of March 2020 at 10:00am.
First Meeting of Creditor’s Package – Dalmac Oilfield
Trustee’s Report to Creditors – Dalmac Oilfield
The First Meeting of Creditors for Dalmac Energy will be held at the offices of The Bowra Group Inc., Suite 1411 TD Tower, 10088 102 Avenue, Edmonton Alberta on the 24th day of March 2020 at 10:30am.
First Meeting of Creditor’s Package – Dalmac Energy
Trustee’s Report to Creditors – Dalmac Energy
The First Meeting of Creditors for PCS will be held at the offices of The Bowra Group Inc., Suite 1411 TD Tower, 10088 102 Avenue, Edmonton Alberta on the 24th day of March 2020 at 11:00am.
First Meeting of Creditor’s Package – PCS
Trustee’s Report to Creditors – PCS