Beaufort Delta Petroleum

Beaufort Delta Petroleum, a Inuvik, Northwest Territories-based petroleum company owned by Norterra that sells and transports bulk fuels and packaged lubrication to locations within the Mackenzie Delta Beaufort Coast region, filed for bankruptcy on May 11. As of 2016, the company had borrowed $1.9MM from the Northwest Territories Business Development and Investment Corporation, with only $100.0M paid back. Grant Thornton is the bankruptcy trustee.