Background

On November 18, 2025 the Court of King's Bench of Alberta (the "Court") issued an order (the "Initial CCAA Order") pursuant to the Companies' Creditors Arrangement Act ("CCAA"). This order provided for certain relief, including a stay of proceedings against Canacol Energy Ltd. and its subsidiaries 2654044 Alberta Ltd., Canacol Energy ULC, 2498003 Alberta ULC, Cantana Energy GmbH, CNE Oil & Gas S.R.L., Canacol Energy Colombia S.A.S., Shona Holding GmbH, CNE Energy S.A.S., and CNE Oil & Gas S.A.S. (collectively, the “Canacol Group”) and ordered that KPMG Inc. be appointed as Court-appointed monitor of the Applicants (in such capacity, the “Monitor”).

Contact information

canacol@kpmg.ca
Toll free within North America:
1-833-724-5456
Local Phone Number:
1-416-228-7072

Court materials

Affidavit of J. Bednar - Volume 1 - 2025.11.16 [PDF 3.9 MB]
Affidavit of J. Bednar - Volume 2 - 2025.11.16 (Part 1 of 2) [PDF 7 MB]
Affidavit of J. Bednar - Volume 2 - 2025.11.16 (Part 2 of 2) [PDF 4.6 MB]
Originating Application - 2025.11.17 [PDF 1.4 MB]
Bench Brief of Law - 2025.11.17 [PDF 1.1 MB]
Book of Authorities - 2025.11.18 (Parts 1 of 4) [PDF 5.4 MB]
Book of Authorities - 2025.11.18 (Parts 2 of 4) [PDF 9.1 MB]
Book of Authorities - 2025.11.18 (Parts 3 of 4) [PDF 9.7 MB]
Book of Authorities - 2025.11.18 (Parts 4 of 4) [PDF 4.2 MB]
2nd Affidavit of Jason Bednar - 2025.11.22 [PDF 3.8 MB]
Comeback Application - 2025.11.25 [PDF 419 KB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 1 of 6) [PDF 7.7 MB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 2 of 6) [PDF 9.5 MB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 3 of 6) [PDF 8.7 MB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 4 of 6) [PDF 9.7 MB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 5 of 6) [PDF 9.3 MB]
Affidavit of Michael Hibberd - 2025.11.25 (Part 6 of 6) [PDF 2.7 MB]
Comeback Hearing Bench Brief of Law - 2025.11.25 [PDF 293 KB]
Comeback Hearing Book of Authorities - 2025.11.25 [PDF 3.4 MB]
Letter to Justice Mah - 2025.11.28 [PDF 238K]
3rd Affidavit of Jason Bednar - 2025.12.05 [PDF 9.5 MB]
Reply Affidavit of J.Bednar - 2025.12.08 (Part 1 of 3) [PDF 6.1 MB]
Reply Affidavit of J.Bednar - 2025.12.08 (Part 2 of 3) [PDF 6.5 MB]
Reply Affidavit of J.Bednar - 2025.12.08 (Part 3 of 3) [PDF 4.9 MB]
4th Affidavit of J.Bednar - 2025.12.09 [PDF 648 KB]
Affidavit of Arriane Tano - 2025.12.09 [PDF 748 KB]
Proposed Form of Order - Second Amended and Restated Order - 2025.12.10 [PDF 468 KB]
Compare Redline - Second Amended and Restated Order - 2025.12.10 [PDF 492 KB]
Amended Application - 2025.12.10 [PDF 432 KB]
Bench Brief of Law - 2025.12.10 [PDF 792 KB]
Book of Authorities - 2025.12.10 [PDF 3.4 MB]
Supplemental Book of Authorities - 2025.12.10 [PDF 716 KB]

Disclosure package

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