|Date Announced:||June 07, 2017|
|Client Name:||PricewaterhouseCoopers Inc. (PwC) re: Anterra Energy Inc.|
Counsel for PwC in its capacity as court-appointed receiver and manager (“Receiver”) of the assets of Anterra Energy Inc. (“Anterra”), following our role as counsel to PwC in its capacity as monitor of Anterra in Companies’ Creditors Arrangement Act proceedings. We advised PwC with respect to operations of Anterra’s assets during the receivership, developed and obtained court approval of a sale process, negotiated with purchasers including several asset purchase agreements, corresponded with the Alberta Energy Regulator, and obtained court approval of five sales of assets, distributions of the proceeds of sale, and the conclusion of the receivership.
McMillan LLP (Michael Hanlon and Caireen Hanert) – counsel to Western Union Petro International Inc., the plaintiff and interim lender to Anterra during its CCAA proceedings; McLennan Ross LLP (Chuck Russell) – counsel to Canadian Western Bank, a secured lender to Anterra; Burnet, Duckworth & Palmer LLP – counsel to purchasers of assets (Tasha Wood for Summerland Energy Inc., Tasha Wood and Jon Ozirny for Rush Energy Services Inc., Daryl Fridhandler, Q.C. for Tallahassee Exploration Inc.); Blake, Cassels & Graydon LLP (Ryan Zahara) – counsel to Enercapita Energy Ltd., a purchaser of assets; Lawson Lundell LLP (Bernadita Tamura-O’Connor) – counsel to North 40 Resources Ltd., a purchaser of assets; Alberta Energy Regulator (Keely Cameron & Franco de Lucca).