Southern Pacific Resources Corporation $89 million acquisition of all the securities of Senlac Oil Ltd.

Acted for Southern Pacific Resources Corporation in the Cdn$89 million acquisition of all the securities of Senlac Oil Ltd. from a major oil and gas company.

Matter Value: CAD 89,000,000

Acted for Southern Pacific Resources Corporation in the Cdn$89 million acquisition of all the securities of Senlac Oil Ltd. from a major oil and gas company. The transaction involved a private placement and debt offering. Senlac Oil Ltd.'s operations include a thermal heavy oil production project and associated lands and facilities in Saskatchewan. (2009)