On May 31, 2005, Penn West Petroleum Ltd., a senior independent Canadian oil and natural gas company focused on exploration and development activity in the Western Canadian sedimentary basin and based in Calgary, Alberta, completed a $5.2 billion plan of arrangement resulting in the conversion of Penn West Petroleum to an income trust, Penn West Energy Trust.
Penn West Petroleum was represented by Burnet, Duckworth & Palmer LLP with a team that included John Brussa, Jeff Fortin, Allan Twa, Q.C., John Wilmot, John Cuthbertson and Jeff Oke.
As part of the conversion, Penn West entered into a new credit facility and the lending syndicate, led by the Canadian Imperial Bank of Commerce, was represented by Blake, Cassels & Graydon LLP in Calgary with a team that included Dan Fournier (energy) and Kevin Fougere (financial services).
Penn West Petroleum was represented by Burnet, Duckworth & Palmer LLP with a team that included John Brussa, Jeff Fortin, Allan Twa, Q.C., John Wilmot, John Cuthbertson and Jeff Oke.
As part of the conversion, Penn West entered into a new credit facility and the lending syndicate, led by the Canadian Imperial Bank of Commerce, was represented by Blake, Cassels & Graydon LLP in Calgary with a team that included Dan Fournier (energy) and Kevin Fougere (financial services).
Lawyer(s)
Jeff Fortin
Jeffrey T. Oke
John A. Brussa
Daniel P.E. Fournier
John A. Wilmot
Karen M. Rogers
Kevin Fougere
Edwin A. Flak
John H. Cuthbertson
Firm(s)
Burnet, Duckworth & Palmer LLP
Blake, Cassels & Graydon LLP