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Dundee Energy Limited Partnership/Dundee Oil and Gas Limited - Reports

The following reports have been filed in the proceedings:

 Supplemental to Third Report of the Monitor May 18, 2018

 
Third Report of the Monitor

 Third Report of the Monitor
 Appendices A - E (i)
 Appendix E (ii)
 Appendix E (iii)
 Appendix E (iv)
 Appendices E (v) - J
May 9, 2018

The purpose of the Third Monitor's Report is to provide the Court with an update with respect to various matters including a Sale Approval Motion for an order:
a) approving the APA and vesting in and to the Buyer all rights, title and interest in the Purchased Assets (as defined in the APA);
b) assigning the rights and obligations of the Debtors under the Lease(s) to the Buyer pursuant to section 11.3 of the CCAA; and
c) approving the distribution of the net sale proceeds under the APA to National Bank of Canada, as first priority secured creditor of the Debtors.

 
 Second Report of the Monitor April 23, 2018

The purpose of the Second Monitor's Report is to provide the Court with an update on:
a) Dundee's operations since the First Report dated March 5, 2018;
b) an update on the Monitor's activities since the First Report;
c) an update on the second phase of the SSP and the selection of the Successful Bidder;
d) an update on the procedures to notify all counterparties to the Leases that the Debtors will be seeking an order for the following relief: (a) approval of the sale of substantially all of Dundee's assets to the Successful Bidder; (b) assignment of the Leases to the Successful Bidder upon closing of the sale transaction pursuant to s. 11.3 of the CCAA; and (c) a distribution to the Lender of all net sale proceeds, as first priority secured creditor (subject to any priority lien claims);
e) an update on the Monitor's approach regarding review of the Lender's security over real property interests;
f) the Monitor's review of Dundee's updated cash flow forecast for the period ending July 13, 2018 (the "Cash Flow Forecast"), a copy of which is attached as Appendix "C";
g) the basis for extending the Stay Period until June 29, 2018; and
h) the Monitor's conclusions and recommendations in connection with the foregoing.

 
 First Report of the Monitor March 5, 2018

 
 Fourth Report of the Proposal Trustee February 7, 2018

 
 Third Report of the Proposal Trustee January 22, 2018

 
 Supplement to the Second Report of the Proposal Trustee December 05, 2017

 
 Second Report of the Proposal Trustee December 04, 2017

 
 First Report of the Proposal Trustee October 24, 2017

The purpose of the First Proposal Trustee Report is to provide the Court with an update on:
a) Dundee's operations since the Filing Date;
b) the Proposal Trustee's activities since the Filing Date;
c) the first phase ("Phase 1") of the BIA SSP;
d) the receipts and disbursements of Dundee for the nine-week period ended October 13, 2017, as compared to Dundee's cash flow forecast filed with the Court on August 25, 2017;
e) the Proposal Trustee's review of Dundee's updated cash flow forecast for the period ending January 12, 2018;
f) the proposed extension of the Stay Period until December 15, 2017; and
g) the Proposal Trustee's conclusions and recommendations in connection with the foregoing.

 

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