Cases
Representative Work: Mr. Sears' expertise entails acting in credit transactions in a number of areas including term
operating facilities, acquisition
merger financing, project financing
debt restructurings, primarily for firms in the oil
gas
energy sectors. He also provides clients with advice on complex matters involving the Personal Property Security Act. His recent financing transactions include: acting for the lenders to Nexen Inc. in connection with its US $3 billion syndicated credit facilities
acting as lead counsel for TransAlta Corporation in connection with its $2 billion syndicated credit facilities
acting as lead counsel for PetroBakken in connection with its $1 billion syndicated credit facility
acting for the lenders to Potash Corporation of Saskatchewan Inc. in connection with its $1.75 billion syndicated credit facilities
acting as lead counsel for Enbridge Inc. in connection with its US $250 million bilateral senior credit facility
acting for Enbridge Inc. in connection with its $2 billion syndicated credit facilities
acting as lead counsel to Petrobank Energy
Resources Ltd. in connection with its $300 million senior secured syndicated credit facilities
acting as lead counsel to PetroBakken Energy Ltd. in connection with its $1.05 billion senior secured syndicated credit facilities, including in connection with a fully underwritten acquisition facility used in the take-over of TriStar Oil & Gas
acting as lead counsel to Storm Exploration Inc. in connection with its $115 million senior secured credit facilities
acting as lead counsel to Crescent Point Energy Corp. in connection with its $1.2 billion senior secured syndicated credit facilities
acting as lead counsel for the lenders to Calfrac Well Services Ltd. in connection with its $135 million senior secured syndicated credit facilities, including in connection with a fully underwritten acquisition facility
acting for Fording Canadian Coal Trust
Elk Valley Coal Partnership in connection with their $1 billion syndicated credit facilities
acting as local lead counsel for the lenders to an oil
gas services company in connection with its US $100 million credit facilities
acting as lead counsel for lenders to Baytex Energy Trust in connection with its $490 million senior secured credit facilities
acting as lead counsel for numerous mid-market oil
gas firms in connection with various dem
borrowing base credit facilities in the $15-50 million range
acting for an oil
gas issuer in connection with a US $60 million U.S. Note Offering
acting as lead counsel for TransAlta Corporation in connection with a $90 million surety bond
acting for the lenders to Sound Energy Trust in connection with its $135 million syndicated secured borrowing base operating facility
acting for Oilexco Incorporated
Oilexco North Sea Limited in connection with the latter's U.S. $1 billion secured syndicated credit facilities.