UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 4, 2015

IVANHOE ENERGY INC.
 
(Exact name of registrant as specified in its charter)
         
Yukon, Canada
 
000-30586
 
98-0372413
 
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification Number)

     
Suite 654 – 999 Canada Place
   
Vancouver, BC, Canada
 
V6C 3E1
 
(Address of Principal Executive Office)
 
(Zip Code)
(604) 688-8323
 
(Registrant’s telephone number, including area code)
Not Applicable
 
(Former Name or Former Address, If Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
 
Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
     
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14A-12)
     
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 

 
 
Item 1.03                      Bankruptcy or Receivership.

On May 1, 2015, the Court of Queen’s Bench of Alberta approved an application by Ivanhoe Energy Inc. (the “Company”) for an extension to file its restructuring proposal with the Official Receiver under the Bankruptcy and Insolvency Act (Canada) from May 5, 2015 to June 1, 2015.


Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Company announced on May 4, 2015 that Blair Vago has submitted his resignation as Acting Vice President of Finance and Chief Financial Officer, effective May 31, 2015. Mr. Vago will be available to assist the Company on a contract basis beginning June 1, 2015.


A copy of this press release is furnished as Exhibit 99.1 to this report.


Item 9.01
Financial Statements and Exhibits.

(d) Exhibits
 
 
Press Release dated May 4, 2015
 
 
 

 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Dated:  May 5, 2015

 
   
IVANHOE ENERGY INC.
   
By: 
 
 
 “William Parry”
     
Name:  William Parry
Title:    Senior Vice President and General Counsel
 
 
 

 
 


 
 

 


 
 

Exhibit Index
 
     
Exhibit Number
 
Exhibit Title or Description
 
Press Release dated May 4, 2015
     

 
 

 


 





Exhibit 99.1


Logo

Ivanhoe Energy receives extension to file restructuring proposal

 
Vancouver, Canada (May 4, 2015)Ivanhoe Energy Inc. announced today that the Court of Queen’s Bench of Alberta has approved an application for an extension for the company to file its restructuring proposal with the Official Receiver under the Bankruptcy and Insolvency Act (BIA) (Canada) from May 5, 2015 to June 1, 2015.

The company filed its Notice of Intention to Make a Proposal (NOI) on February 20, 2015. Since filing the NOI, the company has been working diligently with Ernst & Young Inc., the Proposal Trustee, to create a proposal for presentation to its creditors. Court materials and other information about the BIA proceedings are available on the Proposal Trustee's website at www.ey.com/ca/ivanhoeenergy.

The company also announced that Blair Vago has submitted his resignation as Acting Vice President of Finance and Chief Financial Officer, effective May 31, 2015. Mr. Vago will be available to assist the company on a contract basis beginning June 1.
 
 


Ivanhoe Energy is an independent international heavy-oil exploration and development company focused on pursuing long-term growth using advanced technologies, including its proprietary heavy-oil upgrading process (HTL®). For more information about Ivanhoe Energy Inc., please visit www.ivanhoeenergy.com.