Sources say Dany Heatley has been asked to waive his no-trade clause to go to Edmonton in exchange for Andrew Cogliano, Dustin Penner and Ladislav Smid.

If Heatley agrees to waive, it would appear the Sens and Oilers will have a deal, pending the official trade call with NHL central registry, but that is generally a formality.

Heatley informed the Senators in early June that despite having five-years remaining on a six-year contract extension that he recently signed that he wished to be moved. The contract calls for Heatley to make $7.5 million per season against the cap.

Penner, who signed a five-year offer-sheet with the Oilers in 2007 has never really developed into the player that Edmonton hope. Last season, he recorded 17 goals and 20 assists in 78 games.

Penner has three-years remaining on his contract that will pay him $4,250,000 million per season.

Cogliano, who the Oilers drafted in the first round of the 2005 NHL Entry Draft has already played in two full NHL seasons.

In 2008-09, the 22-year old forward recorded 18 goals and 20 assists. He has one-year remaining on his three-year entry level contract that he signed in 2007.

The 23-year old Smid, has played three-seasons in the NHL. Last year, he recorded 11 assists in 60 games.