Bonavista Reorganizes

Bonavista Petroleum Ltd. completed, on July 2, 2003, its reorganization resulting in the creation of Bonavista Energy Trust, and NuVista Energy Ltd., which have a combined market capitalization in excess of $1.25 billion.

Burnet, Duckworth & Palmer LLP acted for Bonavista Petroleum, with a team that included Grant Zawalsky, Stephen Chetner, Shannon Gangl and Jeff Oke (M&A), John Brussa (tax), John Cuthbertson (oil & gas), John Wilmot and Jay Ratzlaff (banking), Daniel McDonald, Q.C. (court approval), Richard Smith (employment) and Alicia Quesnel (competition). The lenders, led by CIBC as agent, were represented by Blake, Cassels & Graydon LLP, with a team that included Daniel Fournier, Kevin Fougere, Louise Aurigemma and Neil Herle.

Lawyer(s)

Jay Ratzlaff Stephen J. Chetner Daniel P.E. Fournier Richard B. Smith John A. Wilmot Daniel J. McDonald Kevin Fougere Neil C. Herle John H. Cuthbertson Grant A. Zawalsky Jeffrey T. Oke Alicia K. Quesnel John A. Brussa Shannon M. Gangl

Firm(s)

Burnet, Duckworth & Palmer LLP Blake, Cassels & Graydon LLP