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Petrobank Energy & Resources acquires Rocor Resources Inc.

Date Closed

October 2, 2008

Lead Office



53.00 Million CAD

On October 2, 2007, Petrobank Energy & Resources Ltd acquired all the issued and outstanding shares of Rocor Resources Inc, an oil and gas exploration and production company, for total consideration of approximately C$53 million. The acquisition of the private company was completed by plan of arrangement and subject to customary approvals.

Petrobank Energy and Resources Ltd. is a Calgary-based oil and natural gas exploration and production company with operations in western Canada and Colombia.

McCarthy Tétrault LLP advised Petrobank with a team led by Andrew Grasby.