CCAA / Receivership - Operations


Western Petroleum Management (WPM) is an asset management company with substantial experience managing and optimizing distressed oil and gas assets. With the knowledge that WPM has gained and our teams overall extensive experience in managing assets in a difficult environment, WPM would be of great benefit to a court appointed Receiver. 


The current trend indicates that there may be a large number of Junior E&P companies entering CCAA or receivership in the latter half of 2016 and the WPM team can substantially reduce the workload for a Monitor / Receiver, while continuing to manage operation, reducing cost and improving cash flow in a safe and efficient manner.


If you would like to discuss further please do not hesitate to contact Mark Schumlick @ 403-801-0747 or email