On September 23, 2003, APF Energy Trust acquired CanScot Resources Ltd. for $40 million. The Canadian side of the deal was conducted by a takeover bid in Canada. The U.S. portion of the transaction was completed using the southbound multijurisdictional disclosure system.
The trust was represented in Canada by Parlee McLaws LLP, with a team that included Nancy Penner, Ariane Young and Anthony Rasoulis in Calgary; and in the U.S. by Dan Miller of Torys LLP. CanScot Resources was represented by Jeff Lawson of Burnet Duckworth & Palmer LLP.