Peyto Exploration completes reorganization into Energy Trust

Date Closed: 7/01/2003

Value: $700 million

Peyto Exploration&Development Corp. completed a reorganization on July 1, 2003, resulting in the creation of the Peyto Energy Trust, a new oil and natural gas energy trust, which has a market capitalization in excess of $700 million.

Bank of Montreal was represented in-house by Dana Fleury, vice-president; and by Allan Nielsen, Q.C., and Cora Miller of BLG.