Baytex Energy Corp. acquires Raging River Exploration Inc. for $5B

On August 22, 2018, Baytex Energy Corp. completed its all-stock acquisition of Raging River Exploration Inc. to create a combined organization with an enterprise value of approximately $5 billion. The combined organization will be a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets across North America. 

Baytex was represented by Keith Chatwin, Kayla Zachariassan, Rhonda Parhar (Corporate/M&A), Julie D'Avignon (Tax), Susan Hutton and Jessica Rutledge (Competition), Gary Clarke and Cheryl Rea (Employment) of Stikeman Elliott LLP. 

Raging River was represented in Canada by Edward (Ted) Brown, Bronwyn Inkster, Nigel Behrens, Emily McDermott, Jeffrey Holloway (Securities), Jeffrey Sharpe, Joanne Luu (Litigation), Kirk Lamb (Tax), Katherine Pybus (Banking), Brittney LaBranche (Competition), Jon Ozirny (Oil & Gas), and Bob Graham (Employment) of Burnet, Duckworth & Palmer LLP; and in the US by Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Lexpert Copyrights © Thomson Reuters Canada Limited