PrimeWest Energy and Shiningbank Energy Merge

PrimeWest Energy Trust and Shiningbank Energy Income Fund completed a plan of arrangement on July 11, 2007, merging the two entities to form one of the largest and best-positioned natural gas-focused trusts in Canada with an initial enterprise value in excess of $4.5 billion. The financial terms of the transaction are undisclosed.

PrimeWest Energy Trust was represented by Stikeman Elliott LLP, with a team that included Leland Corbett (securities/M&A, banking); Keith Chatwin, Bradley Squibb and Kyle Brunner (securities/M&A); David Weekes and Kevin Kelly (tax); Barbara Johnston (employment); Mark Christensen (banking); Lou Cusano and Cairns Price (litigation); and Susan Hutton and Ian Disend (competition/Investment Canada).

Shiningbank Energy Income Fund was represented in-house by Murray J. Desrosiers, corporate secretary and general counsel and by Gowling Lafleur Henderson LLP, with a team that included Richard Clark, Brian Mainwaring, Jason McCormick, Bennett Wong and Léonard Serafini (securities/M&A); Eugene Friess (tax); Richard Myers (banking); Henry Brown (Investment Canada); Francois Baril (competition); and Geoffrey Holub (litigation). McCarthy Tétrault LLP also represented Shiningbank as special tax counsel, with a team that included Robert McCue, James Morand, TJ Kang and Catherine Gerrits.


Richard W. Clark Brian W. Mainwaring Richard W. Myers Bradley G. Squibb Catherine Gerrits Mark Christensen Susan M. Hutton James G. Morand Geoffrey Holub David G. Weekes François Baril Cairns E. Price Leland P. Corbett Robert D. McCue Ian Disend Luigi A. (Lou) Cusano Léonard Serafini Henry S. Brown T.J. Kang Barbara B. Johnston J. Jason McCormick Bennett K. Wong Keith R. Chatwin