notice of intention to make a proposal act (the “bia

17
Tel: 403 777 9999 Fax: 403 640 0591 www.bdo.ca BDO Canada Limited 110, 5800 – 2 nd Street SW Calgary, Alberta T2H 0H2 Canada BDO Canada Limited is an affiliate of BDO Canada LLP. BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. October 22, 2020 To the Creditors of Newsco International Energy Services Inc. Re: Proposal under the Bankruptcy and Insolvency Act We are writing to advise that on October 20, 2020, Newsco International Energy Services Inc. (the “Company”) filed a Notice of Intention to Make a Proposal pursuant to the Bankruptcy and Insolvency Act (the “BIA”). BDO Canada Limited has been appointed as trustee (the “Proposal Trustee”) under the proceedings (the “Restructuring Proceedings”). Enclosed are the following documents in connection therewith: Certificate of Filing of a Notice of Intention to Make a Proposal; Proposal Trustee’s Consent; Notice of Intention to Make a Proposal; and Listing of creditors with claims greater than $250. S. 69(1) of the BIA provides the Company certain relief including the imposition of an initial 30-day Stay of Proceedings against the Company and its assets. Claims against the Company for payment of goods and services supplied to the Company prior to October 20, 2020 are suspended and creditors are prohibited from continuing or commencing any actions or exercising any rights against the Company except with leave of the Court of Queen’s Bench of Alberta. You are not required to file a proof of claim at this time. Outstanding claims will be addressed as part of the Company’s restructuring plan to be developed and forwarded to you for your consideration in due course. Further information will be distributed to you in due course. Creditors are encouraged to periodically check the Proposal Trustee’s website at https://www.bdo.ca/en-ca/extranets/newsco/ (the “Website”) for updates as to the status of the Restructuring Proceedings as additional materials will be posted to the Website from time to time. Should you have any questions or concerns, please contact William L. (Billy) Melville, CEO of the Company at 1-403-385-2736 or [email protected], or Mr. Chris Mihalcheon of the Proposal Trustee at [email protected] or 1-250-448-0837. Yours truly, BDO Canada Limited, in its capacity as Trustee of the Proposal of Newsco International Energy Services Inc. Per: Marc Kelly Senior Vice President enclosures: as above

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Page 1: Notice of Intention to Make a Proposal Act (the “BIA

Tel: 403 777 9999 Fax: 403 640 0591 www.bdo.ca

BDO Canada Limited 110, 5800 – 2nd Street SW Calgary, Alberta T2H 0H2 Canada

BDO Canada Limited is an affiliate of BDO Canada LLP. BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK

company limited by guarantee, and forms part of the international BDO network of independent member firms.

October 22, 2020

To the Creditors of Newsco International Energy Services Inc.

Re: Proposal under the Bankruptcy and Insolvency Act

We are writing to advise that on October 20, 2020, Newsco International Energy Services Inc. (the

“Company”) filed a Notice of Intention to Make a Proposal pursuant to the Bankruptcy and Insolvency

Act (the “BIA”). BDO Canada Limited has been appointed as trustee (the “Proposal Trustee”) under the

proceedings (the “Restructuring Proceedings”). Enclosed are the following documents in connection

therewith:

Certificate of Filing of a Notice of Intention to Make a Proposal;

Proposal Trustee’s Consent;

Notice of Intention to Make a Proposal; and

Listing of creditors with claims greater than $250.

S. 69(1) of the BIA provides the Company certain relief including the imposition of an initial 30-day Stay

of Proceedings against the Company and its assets. Claims against the Company for payment of goods

and services supplied to the Company prior to October 20, 2020 are suspended and creditors are

prohibited from continuing or commencing any actions or exercising any rights against the Company

except with leave of the Court of Queen’s Bench of Alberta.

You are not required to file a proof of claim at this time. Outstanding claims will be addressed as part

of the Company’s restructuring plan to be developed and forwarded to you for your consideration in due

course.

Further information will be distributed to you in due course. Creditors are encouraged to periodically

check the Proposal Trustee’s website at https://www.bdo.ca/en-ca/extranets/newsco/ (the “Website”)

for updates as to the status of the Restructuring Proceedings as additional materials will be posted to

the Website from time to time.

Should you have any questions or concerns, please contact William L. (Billy) Melville, CEO of the Company

at 1-403-385-2736 or [email protected], or Mr. Chris Mihalcheon of the Proposal Trustee

at [email protected] or 1-250-448-0837.

Yours truly,

BDO Canada Limited,

in its capacity as Trustee of the Proposal of

Newsco International Energy Services Inc.

Per: Marc Kelly

Senior Vice President

enclosures: as above

Page 2: Notice of Intention to Make a Proposal Act (the “BIA

District of AlbertaDivision No. 02 - CalgaryCourt No. 25-2681862Estate No. 25-2681862

In the Matter of the Notice of Intention to make aproposal of:

Newsco International Energy Services Inc.Insolvent Person

BDO CANADA LIMITED / BDO CANADA LIMITÉELicensed Insolvency Trustee

Date of the Notice of Intention: October 20, 2020

CERTIFICATE OF FILING OF A NOTICE OF INTENTION TO MAKE A PROPOSALSubsection 50.4 (1)

I, the undersigned, Official Receiver in and for this bankruptcy district, do hereby certify that the aforenamedinsolvent person filed a Notice of Intention to Make a Proposal under subsection 50.4 (1) of the Bankruptcy andInsolvency Act.

Pursuant to subsection 69(1) of the Act, all proceedings against the aforenamed insolvent person are stayed as ofthe date of filing of the Notice of Intention.

Date: October 21, 2020, 14:42E-File/Dépôt Electronique Official Receiver

Harry Hays Building, 220 - 4th Ave SE, Suite 478, Calgary, Alberta, Canada, T2G4X3, (877)376-9902

Page 3: Notice of Intention to Make a Proposal Act (the “BIA

Tel: 403 777 9999 Fax: 403 640 0591 www.bdo.ca

BDO Canada Limited 110, 5800 – 2nd Street SW Calgary, Alberta T2H 0H2 Canada

BDO Canada Limited is an affiliate of BDO Canada LLP. BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK

company limited by guarantee, and forms part of the international BDO network of independent member firms.

Newsco International Energy Services Inc. 214, 11929 – 40th Street SE Calgary, AB T2Z 4M8

Attention: Mr. Billy Melville

October 20, 2020

Dear: Mr. Melville

Re: Proposal pursuant to the Bankruptcy and Insolvency Act

Please accept this letter as confirmation of our consent to act as Proposal Trustee regarding your

proposal to creditors pursuant to the Notice of Intention to Make a Proposal dated October 20,

2020.

Yours very truly,

BDO Canada Limited

Per: Marc Kelly

Senior Vice President

Page 4: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

Take notice that:

I, Newsco International Energy Services Inc., an insolvent person, state, pursuant to subsection 50.4(1) of the Act, that I intend to

make a proposal to my creditors.

1.

BDO Canada Limited / BDO Canada Limitée of 110, 5800 2 St SW, Calgary, AB, T2H 0H2, a licensed trustee, has consented to

act as trustee under the proposal. A copy of the consent is attached.

2.

A list of the names of the known creditors with claims of $250 or more and the amounts of their claims is also attached.3.

Pursuant to section 69 of the Act, all proceedings against me are stayed as of the date of filing of this notice with the official

receiver in my locality.

4.

Dated at the City of Calgary in the Province of Alberta, this 20th day of October 2020.

Newsco International Energy Services Inc.

Insolvent Person

To be completed by Official Receiver:

Filing Date Official Receiver

Page 1 of 14

Page 5: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

6150498 Manitoba Ltd. 11,280.00855 - 21 Street

Brandon MB R7B 1R1

Aadya E-Travel 4,774.572nd floor RU-7 DDA Commercial Complex, Pitampura

New Delhi Delhi 110 034 India

ABS International Holdings

Limtid

73,924.043807-44 Street NW

Edmonton AB T6L 6Z5

Ajoy Koch & Co. 17,715.00PO. Kacharipathar, Duliajan

Dist Dibrugarh Assam 786 602 India

Al Ghaith Oilfield Supplies &

Services

131,734.95P.O Box 268, Mussafah Industrial Area

Abu Dhabi UAE

Alberta Assets (2006) INC. 196,920.494705-102nd Ave SE

Calgary AB T2C 2X7

Alok Borgohain 725.62Tekela Chirag Gaon

Dibrugarh Assam 785 690 India

Alpha Services 5,259.75Narain Manzil, 23, Barakhamba Road

New Delhi Delhi 110 001 India

Amandeep Singh 3,711.54Vpo: Chudhrer, Teh: Dehra

Dist. Kangra Himachal 177 101 India

Amega West Canada, Ltd. 5,673.152201 - 8th Street

Nisku AB T9E 7Z1

Amex Bank of Canada 7,249.36PO Box 2000

West Hill ON M1E 5H4

Amor Jyoti Mahanta 1,600.86Vill-Fakum Nakatani

Dist & PS Sivasagar Assam India

Anil R Chandra 343.90Room No-4999,Hanuman Nagar,Pfizer Road,Near

Ration Store,Turbhe Naka

Thane Maharash 400 703 India

Ashik Patowary 865.69Anandapar, Near B.T Field, PO Anandapura

Dist. Dibrugarh Assam 786 692 India

Ashini Kumar Chetia 1,362.09Hahcharanapam Chetia Gaon, PO Singhaduwar

Dist. Sivasagar Assam 785 701 India

Page 2 of 14

Page 6: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Ashish Kanwar 3,888.41Pine Estate Deonghat, P.O Sapron

Dist. Solan Himachal 173211 India

Ashok Kalita 2,956.04Po. Amtala (Hojai)

Dist. Nagaon Assam 783435 India

Atul Sharma 726.34Vpo. -Kasba Thandol, Tehsil - Palampur

Dist. Kangra Himachal 176 087 India

AVT Solid Machining Inc. 50,552.25Bay 3, 4440-75 Ave. SE

Calgary AB T2C 2H8

Ayotte Enterprises Ltd. 171,714.42Box 441

White City SK S4L 5B1

Bal Seal Engineering

Company, Ltd.

2,880.9219650 Pauling

Foothill Ranch CA 92610-2610 USA

BasinTek LLC/Abaco Drilling

Technologies

308,658.13PO Box 2521 Stn "M" Calgary AB

T2P 0T6

Bedanta Chetia 15,907.43Cherekapar Chetia Gaon, PO Cherekapar

Dist. Sivasagar Assam 785 640 India

Bell Mobility Inc. 841.36PO Box 5102

Burlington ON L7R 4R7

Benchmark Safety (2013) Inc. 7,197.75Suite 201, 20 Sunpark Plaza SE

Calgary AB T2X 3T2

Bennett Jones LLP 228,298.084500, 855 - 2nd Street SW

Calgary AB T2P 4K7

Bert Baxter Transportation

Ltd.

17,563.44P.O. Box 1631

Estevan SK S4A 2L7

Bharat Das 2,629.13Vill. & Po Negheriting

Dist. Golaghat Assam 785 614 India

Bhargab Jyoti Saikia 364.53Melachakar, Milan Nagar, Ward No. 10

Sivasagar Assam 785 460 India

Bhaskar Jyoti Dutta 1,108.13Vill. & P.O Gaurisagar

Dist. Sivasagar Assam 785 664 India

Page 3 of 14

Page 7: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Bichitra Buragohain 1,048.70Vill-Pohoradar Ali, Bordurmukh Po Joysagar,

Dist. Sibsagar Assam 785 665 India

Bidyut B Bhuyan 513.91Orchid, Residencey, H No. 10, Hockey Stadium Road

Guwahati Assam 781 034 India

Bikiron Borpuzari 2,434.94Harekrishna Apartment, Ganesh Mandir Path, New

Guwahati, 5Th Floor, 5B,

Guwahati Assam 781 020 India

Bill Melville Productions Ltd 125,007.50141 Oakbriar Close SW

Calgary AB T2V 5G9

Billy Melville 91,308.82127 Silverado Skies Drive SW

Calgary AB T2X 0J6

Biswajit Chakraborty 1,537.93Village - Niyasa, P.O. Surichitra. Chhatna

Dist. Bankura West Ben 722 137 India

Biswajit Mishra 22,602.85108 Everglen Rise SW

Calgary AB T2Y 4Z2

Biswajit Pangyok 404.17G.Y Cottage, Near Chief Secretary Bungalow, C-Sector

Itnagar Arunacha 791 111 India

Blue Bear Hotshot 1,092.00521 Princess St

Estevan SK S4A 2E8

Brad Carlson 12,279.2559 McKenzie Lake Manor SE

Calgary AB T2Z1Y1

Buffalo Oilpatch Supply Inc 1,387,702.73127 Silverado Skies Drive SW

Calgary AB T2X 0J6

Burnet, Duckworth & Palmer

LLP

98,133.29Suite #2400, 525 - 8th Ave S.W.

Calgary AB T2P 1G1

BW Oilfield Consulting Ltd. 7,140.00Box 21

Arborfield SK S0E 0A0

CAFO - C/O LloydSadd

Insurance Brokers

61,682.00Suite 700, 10240 124 Street

Edmonton AB T5N 3W6

Canada Revenue Agency 56,751.04PO Box 3800 STN A

Sudbury ON P3A 0C3

Page 4 of 14

Page 8: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Canadian Commercial

Security Solutions

1,953.00PO Box 64246, RPO Thorncliffe

Calgary AB T2K 6J7

Champak Sarmah 1,160.47Majpathori Goan

Dist. Nagoan Assam 782 003 India

Chandrakant Pachangane 430.00Add.: Mahalaxmi Hsg. A:- 7/4 Sector15, Near Dmart,

Kharghar-

Navi Mumbai Maharash 410 210 India

Chariot Express 2,583.00PO Box 309 Station T

Calgary AB T2H 2G9

Chinmoy Goswami 922.91Madhupur, Biswanath Chariali

Dist. Sonitpur Assam 784 176 India

CIBT 526.2914A Hazelton Avenue, Suite 204

Toronto ON M5R 2E2

Cieckview Consulting Ltd. 123,126.63Box 263

Wolseley SK S0G 5H0

CINTAS Canada Limited 895.35DEPT. 400004 PO BOX 4372 STN A

Toronto ON M5W 0J2

Cole International Inc. (CAD) 7,041.40PO Box 2718, Stn M

Calgary AB T2P 3C2

Cole International USA Inc. 693.341775 Baseline Road STE 280

Grand Island NY 14072 USA

Compage Communications

Group Ltd.

651.00#1109, 10235 - 124 Street NW

Edmonton AB T5N 1P9

Crimp Circuits 3,360.12675 Petrolia Road

Toronto ON M3J 2N6

Crowe MacKay LLP 236,250.001700, 717-7th Ave SW

Calgary AB T2P 0Z3

DD Services 39,589.83Gogoi Building, Jayanagar, College Road

P.O. Duliajan Assam 786 602 India

Debobrota Hazarika 314.23Melachakar, Near Sivasagar Junior College

Sivasagar Assam 785 664 India

Page 5 of 14

Page 9: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Deepak Taye 364.53C-43, Ongc Colony

Sivasagar Assam 785 640 India

Digi-Key Corporation 5,000.00PO Box 390

Thief River Falls MN 56701-0390 USA

Direct Energy Regulated

Services

1,348.91PO Box 1520, 639 5th Ave SW

Calgary AB T2P 5R6

Dolphin Enterprises 50,334.74C-11/2, New Airport Colony, Parsiwada, Sahar Road,

Ville Parle (East)

Mumbai Maharash 400 099 India

Dushyant Kumar Yadav 694.94Shadat Nagar (8-N), Sadat Nagar

Rewari Haryana 123 302 India

Dynomax Drilling Tools Inc. 77,152.697501 - 42nd Street

Leduc AB T9E 0R8

Eco & Agro Movers Pvt Ltd 15,637.80Sundarpur Bye Lane-1, RG Baruah Road

Guwahati Assam 781 005 India

Edmond Melville 250,000.00216 Quarry Green SE

Calgary AB T2C 5E8

Elite Engineering Ltd. 126,680.97Box 477

White City SK S4L 5B1

Elizabeth Carbide

Components

8,540.08PO Box 931506

Cleveland OH 44193-1645 USA

Employees Provident Fund

Organisation

2,166.19Regional Office, Delhi (Central), 28 Community Centre,

Wazirpur Industrial Area

New Delhi Delhi 110 052 India

Enmax 4,106.48P O Box 2900, Stn M

Calgary AB T2P 3A7

Fahimishar Bora 1,241.50South City Apartment, D-206, Bhetapara

Guwahati Assam 781 028 India

Federal Express Canada Ltd. 8,157.13PO Box 4626 Toronto Station A

Toronto ON M5W 5B4

Page 6 of 14

Page 10: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Fluidseal (AB) Inc. 7,747.6917309 - 107 Avenue

Edmonton AB T5S 1E5

G5 Management Ltd.

(formerly Highmark

Exploration)

11,025.005M South Plains Road

Emerald Park SK S4L 1C6

Ganesh Sahoo 2,402.73B-6, 603, Sukur Residency, Nr. Muchhala College, G.B

Road, Thane (W)

Mumbai Maharash 400 615 India

Gaurav Sahni HUF 871.75239, Westend Marg, Saidulajab

New Delhi Delhi 110 030 India

Gautam Sahni HUF 871.75241, Westend Marg, Saidulajab

New Delhi Delhi 110 030 India

General Downhole Tools Ltd. 6,623.4019, 4905-102 Ave SE

Calgary AB T2C 2X7

Global Edge 2020 Inc. 6,168.0331 Deermont Place SE

Calgary AB T2J 5P5

Great Western Tong Services

(1987) Ltd.

24,202.50Box 2303

Virden MN R0M 2C0

Gyaneysh Boraah 2,344.81House No 2, Satya Bora Lane, Jorpukhuri, Uzan Bazar

Guahati Assam 781 001 India

Hema Budhiraja 6,270.49B-1/594, Ground Floor, Janak Puri

New Delhi Delhi 110 058 India

Highside Carbide Ltd. 53,884.45Unit 5, 5510 - 3rd St SE

Calgary AB T2H 1J9

Hi-Tech Seals Inc. 6,314.46Bay 3, 5940 - 30th Street SE

Calgary AB T2C 1X8

Hunting Titan ULC 2,914.76#100, 7750 Edgar Industrial Drive

Red Deer AB T4P 3R2

ICICI Bank Canada 40,000.00145 - 4851 Westwinds Drive NE

Calgary AB T3J 4L4

Page 7 of 14

Page 11: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Income tax department,

Central Processing Cell-TDS

15,712.80TDS CPC, Ayakar Bhawan, Sector-3 Vaishali

Ghaziabad Utter Pr 201 010 India

InFocus Energy Services Inc. 8,991.159759 - 51 Ave

Edmonton AB T6E 4W8

Innova Power Solutions 78,970.50#8, 6025 12 St SE

Calgary AB T2H 2K1

Innovative Mechanical

Solutions Ltd

5,894.70PO Box 9586, Stn M Calgary AB

T2P 5L8

Inovic Corp. 2,033.64#2, 285005 Wrangler Way

Rocky View AB T1X 0K3

Irwin's Machining & Welding

Ltd.

1,481.9822 Marion Avenue, PO Box 864

Oxbow SK S0C 2B0

Jaspreet Singh 1,562.34H.No-51 ,Vill-Randhir Garh,P.O-Cheema,Jagraon

Dist. Ludhiana Punjab 142 030 India

JD Factors Corporation c/o

Sure Shot Hotshot

9,303.00315 Matheson Blvd E.

Mississauga ON L4Z 1X8

Judith Melville 55,392.38141 Oakbriar Close SW

Calgary AB T2V 5G9

K.S. ENTERPRISES 2,229.53Room No. 44, Kalavati Sadan, 4th Floor, Opp Shivsena

office, Waghle Estate, Shantinagar

Thane (West) Maharash 400 604 India

Kanhiaya Sharma 1,609.84Late Ramadhar Sharma

Dargahiya,Nandanagar,Khorabar,Kunraghat

Gorakhpur Uttar Pr 273 008 India

Kevin L. Zemp Professional

Corporation

7,638.46Suite 600, 805 - 8th Ave S.W.

Calgary AB T2P 1H7

KRAYDEN Canada- formerly

E.B. Peerless

1,889.68Unit 130-6651 Elmbridge Way

Richmond BC V7C 5C2

Libertas Industries Inc. 54,018.06Bay 27 4905 102nd Ave SE

Calgary AB T2C2X7

Page 8 of 14

Page 12: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Lloyd Sadd Insurance Brokers 1,054.00Suite 700, 10240 - 124 Street

Edmonton AB T5N 3W6

William Melville 40,446.47127 Silverado Skies Drive SW

Calgary AB T2X 0J6

Lokesh Jha 1,536.99A-103, Devnandan Desire, B/H 4D Square Mall Near

Auda Lake, Motera, Sabarmati

Ahmedabad Gujarat 380 005 India

Long View Systems

Corporation

2,047.50Suite 2100, 250 - 2 Street S.W.

Calgary AB T2P 0C1

M/S Muzzamil Islam Ali 255.60BOC Gate, Lane No 3, PO Duliajan

Dist. Dibrugarh Assam 786 602 India

Madill - The Office Company 262.01PO Box 57086, Sunridge RPO

Calgary AB T1Y 6R4

Magna Fab Inc. 16,614.48Box 49

Redvers SK S0C 2H0

Manash Paul 1,183.89Ananda Nagar, Adabari Tiniali, Mg Road

Guwahati Assam 781 012 India

Manish Malhotra 3,003.434731, 46 Ave SW

Calgary AB T3E 1J2

Maple Leaf Energy Services

Ltd.

12,075.001000, 639 5th Ave SW

Calgary AB T2P 0M9

Meghanadh Naragam 587.81D.No. - 14/122-18-B, Narayanapuram, Machilipatnam,

Krishna(Dt)

Andhra Pradesh Andhra P 521 001 India

MICROTESLA Magnetic Field

Effects

14,767.0914149 Westfair East Drive

Houston TX 77041 USA

Millennium Manufacturing Inc. 130,469.856503 - 30th Street SE

Calgary AB T2C 1R4

MLT Aikins LLP 610.50#1500, 1874 Scarth Street

Regina SK S4P 4E9

Page 9 of 14

Page 13: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Mofijul Rohman 715.95Vill-Gorali Gohain Gaon P.O.-Rajapool

Dist. Sivasagar Assam 785 665 India

Mohinder Singh 16,218.73202-Menka-1, Amrapali Royal, Vaibhav Khand,

Indirapuram

Ghaziabad Assam 201 014 India

Moore's Industrial Service Ltd. 18,582.903333 - 23 Street N.E.

Calgary AB T2E 6V8

Mouser Electronics Inc. 3,825.67PO Box 15820 Station A

Toronto ON M5W 1C1

MRA Oil Feild Services 2,521.30Gelakey, P.O Galekey.

Dist. Sivasagar Assam 785 696 India

Munesh Saini 848.03H No. C-10 West Rajiv Nager Opp. Sain Chopal

Gugaon Haryana 122 001 India

Narayan Das 885.44House No. 291, Sonar Assam Path, Opp. Naina

Cinema Hall, Naliapool

Dibrugarh Assam 786 001 India

National Instruments

Corporation

3,444.00PO Box 9423 Postal Station A

Toronto ON M5W 4E1

Newsco Directional Support

Services Inc.

76,081.94Suite 214, 11929 40th Street SE

Calgary AB T2Z 4M8

Ngi Woun Kham Chowlu 1,690.55Po - Chalapathar , Lakwa

Sivasagar Assam 785 688 India

Nilanjan Biswas 715.95Ronghar Chariali

Sivasagar Assam 785 460 India

North East Logistics 13,125.65Aditya Mega Mall, Plot No. - 9 D, CBD, Shahdara

District Centre

New Delhi Delhi 110 032 India

Nur Alam Ahmed 913.52House No 159, Bapuji Nagar, Noonmati

Guwahati Assam 781020 India

Oil Feild Warehouse &

Services Ltd

5,077.13A-61, 3rd Floor, Electronic Sadam-1, Mahape

Navi Mumbai Maharash 400 710 India

Page 10 of 14

Page 14: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Oil Well Tools Services and

Supplies Pvt Ltd

33,203.51Plot no 108, Hissa 1 A2, Wavaje Village Road,

Taloja,MIDC

Dist. Raigad Maharash 410 206 India

Oleksandr (Sasha)

Kucherenko

5,219.5464 Sunvale Place SE

Calgary AB T2X 2R8

Omkar Clearing Forwarding

Pvt Ltd

1,942.35104, 1st Floor, United Business Park, Road No. 11,

Wagle Industrial Estate

Thane (W) Maharash 400 604 India

Ompal Yadav 1,463.48H.No. 12, Ward No – 14, Singha Chowk, Opp.

Sec-12A, New Mata Road, Near Petrol Pump

Gurugram Haryana 122 001 India

Prairie Hotshot 3,412.50104 - 15th avenue

Estevan SK S4A 1G2

Pranab Barman 364.53Vill: Sukekuchi, P.O Solmara,P.S Belsor

Dist. Halbari Assam 781 338 India

Prateek Kapoor 1,459.45H. No. -75, Village And Post Office Ratti, The. Sadar

Dist Mandi Himachal 175 008 India

Proactive Facilities Pvt.Ltd. 1,603.211240 A, First Floor Maruti Vihar , Chakkarpur

Gurugram Haryana 122 002 India

Prodip Sarma 4,640.21Ward No. 6, Main Road

PO Nazira Assam 785 685 India

Pulse Directional

Technologies

1,900.50Unit R 7004 5th Street SE

Calgary AB T2H 2G3

RAELL INC. 21,120.75Box 445

Swan River MN R0L 1Z0

Ram Niwas Yadav 1,783.55Vill. Nautana

Dist. Mehendegah Haryana 123 027 India

Revolve Industries Inc. 56,560.295475-53Ave SE

Calgary AB T2C 4N2

Rod MacDonald 7,818.31417 Douglas Glen Close SE

Calgary AB T2Z 3A4

Page 11 of 14

Page 15: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

RWAM Insurance

Administrators Inc. (In Trust)

3,129.7449 Industrial Drive

Elmira ON N3B 3B1

Sabre Downhole Tools Ltd. 63,940.80109, 4615 - 112 Ave. SE

Calgary AB T2C 5J3

Safe & Trust Logistics 5,741.92Shop No. A-14,Bldg No. 12,Dwarkamai CHS, Kanjur

Marg (East),

Mumbai Maharash 400 042 India

Saskatchewan Workers

Compensation Board

2,560.18200 - 1881 Scarth Street

Regina SK S4P 4L1

Scorpion Mechanical

Components Pvt. Ltd.

25,781.92C-11/2, New Airport Colony, Hanuman Road, Ville

Parle (East)

Mubai Maharash 400 099 India

Shailendra Kumar Rai 1,608.77At-H No: 185, Rachna Nagar, Rachna Nagar, Phase –

Iv

Bharuch Gujarat 392001 India

Shekhar Baruah 446.62Petro Gas Agency, New Market

Digboi Assam 786 171 India

Sourav Mahanta 796.04Sri Jakai Satra, Na-Khana,Charing

Sivasagar Assam 785 664 India

Sprouse Fire and Safety Corp. 1,071.8938, 5329 - 72 Avenue SE

Calgary AB T2C 4X6

Standard Instrumentation

System

2,280.21Shop No. 4, Jijamatamandir Complex, Below Vijaya

Bank, Subhash Road, Dombivali-West

Thane Maharash 421 202 India

Stikeman Elliot LLP 8,242.514300 Bankers Hall West, 888 - 3rd Street SW

Calgary AB T2P 5C5

Sullivan Machine Works 31,558.742221 Pegasus Way NE

Calgary AB T2E 8T2

ASSAM PETROLEUM

LIMITED

36,945.56Sundarpur Bye Lane-1, RG Baruah Road

Guwahati Assam 781 005 India

Page 12 of 14

Page 16: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Sunil Kumar 2,416.72V.P.O - Dhawana

Dist Rewari Haryana 123 103 India

Surajit Baruah 613.71Ubi Building, Opp. Budhist Temple, Golai No 1, Digboi

Tinsukia Assam 786 171 India

Surender Kumar 4,703.07Street No.-01,Ankhi Nagar,Bulla Rai Road,P.O &

Tehsil.Phagwara,

Dist. Kapurthala Punjab 144401 India

TaskMaster Technologies Inc 42,772.12#5, 6112-45 Street

Leduc AB T9E 7C2

Telemetrix Technologies

International Inc.

250,633.24Suite 214, 11929 40th Street SE

Calgary AB T2Z 4M8

Telus (Business Connect) 1,416.19PO Box 8950 Stn Terminal

Vancouver BC V6B 3C3

Telus (Internet Service) 2,486.75PO Box 2210 Station Terminal

Vancouver BC V6B 8P3

Trilochan Dutta 1,839.16Vill. & Po. - Joysagar

Dist. Sivasagar Assam 785 665 India

Trilogy-Net Inc 39,314.043127, 3961 - 52 Ave NE

Calgary AB T3J 0K7

TTI, INC. 5,043.51PO Drawer 99111

Fort Worth TX 76199011 USA

K.V,Enterprises 3,184.16Unit No 20, Nidhi Industrial Complex, Sativali Road,

Near Agarwal Naka, Vasai East

Paghar Maharash 401 208 India

V Sankar Aiyar & Co. 4,202.13202,203, 301 Satyam Cinema Complex , Ranjit Nagar,

Community Centre

New Delhi Maharash 110 008 India

Vaishnavi Engineering 3,473.54Gala No. 4, M.N D'Souza Compound, Near Ram Leela

Maidan, Kherani Road, Saki Naka

Mumbai Maharash 400 072 India

Page 13 of 14

Page 17: Notice of Intention to Make a Proposal Act (the “BIA

District of: Division No. Court No. Estate No.

Alberta02 - Calgary

- FORM 33 -

Notice of Intention To Make a Proposal

(Subsection 50.4(1) of the Act)

In the matter of the proposal of

Newsco International Energy Services Inc.

of the City of Calgary, in the Province of Alberta

List of Creditors with claims of $250 or more.

Creditor Address Account# Claim Amount

Vikas Kumar Gulati 492.38B-402, Gayatri Shivam,90 Feet Road, Near Hdfc Bank,

Thakur Complex, Kandivali East

Mumbai Maharash 400 101 India

Vikash Kumar 1,571.75South Of Nala Street No. -02 , Mohanpur,

Punichak,Near Pump House

Patna Bihar 800 023 India

Waste Connections of Canada 1,725.09285122 Bluegrass Drive

Rocky View AB T1X 0P5

WAY-COR Consulting Inc. 23,378.25P.O. Box 202

Preeseville SK S0A 3B0

Wenzel Downhole Tools 48,591.513115 - 93 Street NW

Edmonton AB T6N 1L7

Westfreight Systems Inc.

(CDN)

1,564.25P. O. Box 1108, Station T

Calgary AB T2H 2J1

W-Technology, Inc. 15,746.8319515 Oil Center Blvd.

Houston TX 77073 USA

X-Act Technologies Ltd. 737.10Suite 151, 4447 - 46th Ave. S.E.

Calgary AB T2B 3N6

Zone Direct MWD Services

Ltd.

1,575.00588 Windridge Road SW

Airdrie AB T4B 2P9

5,690,998.87Total

Newsco International Energy Services Inc.

Insolvent Person

Page 14 of 14