Pacific Oil & Gas concludes acquisition of Canbriam Energy Inc.

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Pacific Oil and Gas Ltd. (PO&G) and Canbriam Energy Inc. have announced that PO&G has completed the acquisition of all the issued and outstanding shares of Canbriam.

In connection with the closing of the acquisition of Canbriam, on June 18, 2019 PO&G issued a conditional redemption notice to the holders of its Senior Notes, due 2019, to retire the notes.

Macquarie Capital Markets Canada Ltd. acted as exclusive financial advisor to PO&G and Bennett Jones LLP is acting as legal counsel. RBC Capital Markets acted as financial advisor to Canbriam and Norton Rose Fulbright Canada LLP acted as legal counsel.

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