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Razor Energy Corp
Suite 800, 500-5th Ave. S.W.
Phone: (403) 262-0242p:403 262-0242 CALGARY, AB  T2P 3L5  Canada Ticker: RZE.HRZE.H
Filed for Protection from its Creditors under the Companies' Creditors Arrangement Act (Canada) on 2/28/2024
On 1/30/2024, Razor Energy Corp. and its wholly-owned subsidiaries, Blade Energy Services Corp., Razor Royalties Limited Partnership, and Razor Holdings GP Corp. filed a Notice of Intention to Make a Proposal under the provisions of the Bankruptcy and Insolvency Act (Canada) (the BIA)
FTI Consulting Canada Inc. has been appointed as the Proposal Trustee for the Companies
On 2/28/2024, Razor Energy Corp. and its wholly-owned subsidiaries, Blade Energy Services Corp., Razor Royalties Limited Partnership, and Razor Holdings GP Corp. filed with the court of King's Bench of Alberta (the "Court") granting a continuation of the NOI Proceedings under the Companies' Creditors Arrangement Act (CCAA)
FTI Consulting Canada Inc. was appointed as the Monitor in the Company's CCAA Proceedings
Business Summary
Razor Energy Corp. is a Canada-based junior oil and gas development and production company, focused on acquiring, enhancing and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids (NGL) in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Company's production and development are focused on light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations. Its production and development are focused on medium gravity oil in the Glauconite formation and natural gas in the Mannville Group. The Company produces various grades of oil, including Swan Hills Sweet/Mixed Sweet Blend (MSW), Peace Sour/Medium Sour Blend (MSB) and Bow River South/Western Canadian Select (WCS). Its Swan Hills/Kaybob Region has over 250,600 (174,100 net) acres of land held by production. Its Southern Alberta Region has around 78,200 (49,600 net) acres of land held by production.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director Doug G.Bailey 2/3/2017 1/1/2017
Chief Financial Officer Kevin E.Braun 2/1/2017 2/1/2017
Chief Operating Officer MichaelBlair 5/26/2022 5/26/2022
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Blade Energy Services Corp. 500-5th Ave. S.W. Calgary AB Canada
Little Rock Resources Ltd. Bow Valley Square IV Calgary AB Canada

Business Names
Business Name
2236235 Ontario Inc.
Blade Energy Services Corp.
Little Rock Resources Ltd.
6 additional Business Names available in full report.

General Information
Number of Employees: 87 (As of 12/31/2022)
Outstanding Shares: 35,290,071 (As of 9/30/2023)
Stock Exchange: NEX
Fax Number: (403) 262-0242


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Friday, November 22, 2024