Advantage Energy Completes Public Offering

On October 4 and 11, 2001Advantage Energy Income Fund completed a short form prospectus offering in Canada of 5.75 million trust units including the entire “over-allotment option”, for gross proceeds of $43.125 million.

Burnet, Duckworth & Palmer LLP acted for Advantage Energy with a team comprised of Jay Reid, Jeff Oke and James Bell (securities) and John Brussa and Ian Bock (tax). The underwriters for the offering were Scotia Capital, National Bank Financial Inc., CIBC World Markets Inc. and Merrill Lynch Canada Inc. Macleod Dixon LLP acted on behalf of the underwriters with a team comprised of Kent Kufeldt , Darren Hribar and Kirk Litvenenko (securities) and Orville Pyrcz, Q.C., and Darren Hueppelsheuser (tax).