CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Petrocapita Income Trust is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Petrocapita Income Trust
1400-717 7 Ave SW
Phone: (587) 393-3461p:587 393-3461 Calgaryy, AB  T2P 0Z3  Canada Fax: (587) 393-3461f:587 393-3461

On 6/11/2019, the Court of Queens, Bench of Alberta, placed Petrocapita G.P. I Ltd and Petrocapita Oil and Gas L.P. under Receivership pursuant to an application by Safeway Holdings (Alberta) Ltd., one of the secured creditors of Petrocapita G.P. I Ltd and Petrocapita Oil and Gas L.P. The Court appointed Hudson and Company Insolvency Trustees Inc. as the Receiver and Manager of Petrocapita G.P. I Ltd and Petrocapita Oil and Gas L.P.
Petrocapita Income Trust notes that as substantially all of its assets are affected by the Order of Receivership, it is in default under the Trust/Alliance Trust Company Debenture Indenture arrangement.
This company is no longer actively traded on any major stock exchange.

Business Summary
Petrocapita Income Trust is a Canada-based specified investment flow through trust. The Company develops and acquires heavy oil production and infrastructure assets in the Lloydminster area of east central Alberta and west central Saskatchewan through its wholly owned subsidiaries, Petrocapita Oil and Gas LP and Petrocapita Processing LP. The Company owns and operates more than 440 gross oil wells, more than 90 gross gas wells, approximately 20 produced water disposal facilities, custom oil processing facilities, natural gas compressor stations, approximately 70 kilometers (km) in pipelines, oil well service rigs and trucks, fluid haul tractors and trailers, motor graders, and well site processing equipment.

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

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201812/31/2017Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, President, Chief Executive Officer, Trustee AlexLemmens 4/1/2015 4/1/2015
Chief Financial Officer, Trustee Gregory Q.Marr 4/1/2015 4/1/2015
Vice President - Land and Environment, Trustee RichardMellis 4/1/2015 4/1/2015
Trustee Benvan Rootselaar 4/1/2015 4/1/2015

Subsidiaries
Business Name Address City State/Province Country
Petrocapita Oil & Gas LP 717 7th Avenue Southwest Calgary AB Canada

Business Names
Business Name
1701307 Alberta Ltd.
Crucible Resources Corp.
Hytop Well Servicing Inc.
10 additional Business Names available in full report.

General Information
Outstanding Shares: 11,097,481 (As of 9/30/2018)
Stock Exchange: CNQ
Fax Number: (587) 393-3461


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Friday, July 21, 2023