Enerplus Acquires Celsius Energy

Calgary-based Enerplus Resources Fund, acquired all the shares and debt of Celsius Energy Resources Ltd. from Questar Exploration and Production Company, a Canadian subsidiary of U.S.-based Questar Corporation, for an aggregate purchase price of $165.9 million after working capital adjustments. The deal closed on October 21, 2002.

Enerplus was represented by Blake, Cassels & Graydon LLP, with a team comprised of Brock Gibson, Mungo Hardwicke-Brown, Chad Schneider, Chris Christopher, Carrie Giroux and Janan Paskaran (corporate and securities), Ron Mar (tax) and Gerry Deyell and Scott Hyndman (competition).

Questar was represented by Macleod Dixon LLP, with a team comprised of Terrance Hughes, Chrysten Perry and Chandra Mazuryk (corporate and competition) and Jim McKee (tax).


Janan Paskaran James G. McKee Chad Schneider Terrance M. Hughes Brock W. Gibson A. Scott Hyndman Ron Mar Chris Christopher Mungo Hardwicke-Brown Chandra D. Mazuryk Gerald M. Deyell Chrysten E. Perry