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0915988 BC Ltd
400 Burrard St Suite 1620
Phone: (403) 262-5441p:403 262-5441 VANCOUVER, BC  V6C 3A6  Canada Ticker: OIL.HOIL.H
In a July 16, 2009, Oilexco announced that the Company had received a court order requiring it and its wholly owned subsidiary, Oilexco Technical Services Inc., to liquidate all of their assets and propose a Plan of Compromise and Arrangement to creditors that will have the effect of distributing these proceeds to creditors. In order to implement the Plan and give effect to the Court order, on September 18, 2009, the Company filed Articles of Reorganization under the Business Corporations Act (Alberta) that changed the name of the Company from Oilexco Incorporated to ScotOil Petroleum Limited, and consolidated the issued and outstanding shares on the basis of one post-consolidation common share for every ten pre-consolidation common shares. The name change and share consolidation require TSX Venture Exchange approval. Application for such approval has not been made to date, but will be made at such time as the Company has funds available to it and applies for a return to trading on the TSX Venture Exchange. As the Company does not have a Transfer Agent, the TSX Venture Exchange has advised that the trading halt presently on the Company's shares will be changed to a suspension. The Company is aware that its shares currently trade on the Pink Sheets under the symbol "OILXF", however, as this listing was not authorized by the Board of Directors, the Company is uncertain how long trading may continue as the Company has no plans to actively seek to continue to trade on the "Pink Sheets".
This company is no longer actively traded on any major stock exchange.
Business Summary
Oilexco Incorporated is an oil and gas exploration and production company. The Company’s producing properties and exploration activities are located in the United Kingdom Central North Sea, specifically in the Outer Moray Firth and Central Graben areas. In June 2007, oil production commenced from the Company’s first operated offshore field developments, the 100% owned Brenda and 70% owned Nicol fields. The Company has a wholly owned subsidiaries, Oilexco North Sea Limited, which is based in Aberdeen, Scotland.
(Source: ARS)

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
9/30/200812/31/2007Yes----

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 Arthur S.Millholland 2/1/1994 2/1/1994
Interim Chief Financial Officer, Chief Accounting Officer AleksandraOwad 5/21/2009 5/1/2005
Executive Vice President, General Counsel, Director William H.Smith 10/1/2007 8/16/2005
11 additional Officers and Directors records available in full report.

Business Names
Business Name
OIL.H
OILX

General Information
Number of Employees: 3 (As of 12/31/2005)
Outstanding Shares: 223,832,827 (As of 9/30/2008)
Shareholders: 3,788
Stock Exchange: CVE
Fax Number: (403) 263-3251


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Saturday, July 22, 2023