On August 14, 2015, Crescent Point Energy Corp. (Crescent Point) completed the acquisition of all the issued and outstanding shares of Coral Hill Energy Ltd. (Coral Hill) for approximately $258 million. Crescent Point is one of Canada’s largest light and medium oil producers. Prior to the acquisition, Coral Hill was a privately owned, light oil-weighted producer with assets primarily located in the Swan Hills Beaverhill Lake resource play.
Crescent Point was represented by Norton Rose Fulbright Canada LLP with a team that included Mark Eade, Rashi Sengar, Peter Allegretto and Nathan Hillier (securities), Dion Legge (tax), Bernette Ho (employment), Bradley Schneider (competition) and Rick Borden (banking).
Coral Hill was represented by Burnet, Duckworth & Palmer LLP with a team that included Syd Abougoush, Jessica Brown and Paul Mereau (securities), Kirk Lamb (tax), Bob Graham (employment), Jody Wivcharuk (competition) and Margot Langdon (banking).