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Oil explorer in receivership in Alberta files for Chapter 15 protection in Utah

By Richard Woolley

08 November 2017

Oil explorer in receivership in Alberta files for Chapter 15 protection in Utah The Uinta Mountains form the northern boundary of the Uintah Basin Wikimedia commons/Staplegunther

The receiver of a Canadian oil sands exploration and development company that was building a tar sands project in Utah has filed a Chapter 15 petition in the state, after a Luxembourgish creditor successfully petitioned to place the company into receivership in Alberta.