Advantage Energy's $72M in Acquisitions

On January 4, 2002 and February 1, 2002 Advantage Energy Income Fund, through a wholly owned subsidiary, acquired all the issued and outstanding shares of a private natural gas weighted company, a development property and the remaining 10 per cent interest in a new core area, for cash consideration of approximately $72 million.

Brian Evans, Jay Reid and Jason Bilinsky of Burnet, Duckworth & Palmer LLP acted for Advantage. Fraser Milner Casgrain LLP acted on behalf of the vendors with a team comprised of Tim Millar, Dorothy Dawe, Sean Ralph, Roch Martin and Kelli Grier.