Kereco Energy Acquires Chamaelo Exploration

On October 19, 2006 Kereco Energy Ltd. and Chamaelo Exploration Ltd. completed a plan of arrangement whereby Kereco acquired all the issued and outstanding common shares of Chamaelo for approximately $300 million. Kereco is a Canadian growth-oriented energy company engaged in the exploration, development and production of natural gas and crude oil.

Kereco was represented by Burnet, Duckworth & Palmer LLP with a team that included Grant Zawalsky, Shannon Gangl and Spencer Coupland (securities), Jeff Fortin (tax), Stuart Money (oil & gas) and Jody Wivcharuk (competition).

Chamaelo was represented by Gowling Lafleur Henderson LLP with a team that included Gregory Peterson, Jeffrey Dyck, Jimmi Duce and Erin Lee (securities), Bob McCue and Eugene Friess (tax), Edie Gillespie and Clark Schow (oil & gas) and Geoffrey Holub (court applications).


Spencer M. Coupland Grant A. Zawalsky J. Stuart Money Jimmi J. Duce Edith Gillespie Jeff Fortin Geoffrey Holub Jody L. Wivcharuk Clark Schow Jeffrey E. Dyck Shannon M. Gangl Erin Lee Wheaton Robert D. McCue Greg E. Peterson


Burnet, Duckworth & Palmer LLP Gowling WLG