Bronco Energy's $69.7 Million Prospectus Offering

Bronco Energy Ltd. closed a $69.7 million offering of 4,725,000 common shares, at a price of $14.75 per share, closing on $63,056,250 on June 30, 2008, and on $6,637,500 on July 30, 2008, pursuant to the exercise in full of an over-allotment option. Macquarie Capital Markets Canada Ltd. and RBC Capital Markets acted as co-lead underwriters in a syndicate that included GMP Securities L.P., CIBC World Markets Inc., Genuity Capital Markets and Thomas Weisel Partners Canada Inc.

Bronco Energy Ltd. was represented by Fraser Milner Casgrain LLP, with a team that included John Reynolds, Bill DeJong, Bill Jenkins, Irene Ludwig, Matthew Sudak (securities) and Derek Kurrant (tax). The underwriters were represented by Blake, Cassels & Graydon LLP, with a team that included Scott Cochlan, Chris Prokop (securities) and Ted Thiessen (tax). Dan Miller of Dorsey & Whitney LLP acted as US counsel to Bronco.


Scott R. Cochlan John E. P. Reynolds Chris D. Prokop Derek A. Kurrant Irene Thea Ludwig William K. Jenkins Ted Thiessen William DeJong