On April 13, 2017, the Court of Queen’s Bench of Alberta (the “Court”) granted an Order (the “Receivership Order”) whereby Alvarez & Marsal Canada Inc. (“A&M”) was appointed receiver (the “Receiver”) of Oak Point Energy Ltd. (“Oak Point”), Kemex Ltd., Kemex Technologies Ltd. and 1nSite Technologies Ltd. (collectively the “Debtors”).  Oak Point is headquartered in Calgary, Alberta and holds and number of leases in the Fort McMurray oil sands region as well as holding intellectual property related to the oil sands production.  Pursuant to the Receivership Order, the Receiver is appointed, without security, of all of the Debtors’ current and future assets, undertakings and properties of every nature and kind whatsoever, and wherever situate, including all proceeds thereof.