Ashley Weldon

Representative Work

PrairieSky Royalty Ltd. $250 Million Acquisition of Royalty Rights

Counsel to PrairieSky Royalty Ltd. in the 2017 $250 million acquisition of a 4% gross overriding royalty on current and future phases of Lindbergh SAGD thermal oil project from Pengrowth Energy Corporation

Athabasca Oil and Murphy Oil Light Oil Joint Venture

Counsel to Athabasca Oil Corporation in the 2016 $486 million light oil joint venture with Murphy Oil Company Ltd., Canadian subsidiary to Murphy Oil Corporation, to develop the Duvernay and Montney in the Kaybob area of northwestern Alberta 

PrairieSky Royalty Ltd. Acquisition from Canadian Natural Resources Limited

Counsel to PrairieSky Royalty Ltd. in the 2015 $1.8 billion acquisition of royalty assets from Canadian Natural Resources Limited.

Tourmaline Oil Corp. Peace River High Joint Venture

Counsel to Tourmaline Oil Corp.in the 2014 $500 million Peace River High sale to and joint venture with Canadian Non-Operated Resources LP.

PrairieSky Royalty Ltd. $1.67 Billion Initial Public Offering

Counsel to the Underwriters in the 2014 initial public offering of  PrairieSky Royalty Ltd. of 59,800,000 common shares for a total of $1.67 billion conducted by way of secondary offering by Encana Corporation.

Progress Energy Canada Ltd. Acquisition of Properties from Talisman Energy Ltd.

Counsel to Progress Energy Canada Ltd.in its 2014 $1.5 billion acquisition of part of Talisman Energy Ltd.'s Montney acreage in northeast British Columbia.

Canadian Natural Resources Limited Acquisition of Barrick Energy Inc.

Counsel to Canadian Natural Resources Limited in the 2013 $173 million acquisition of Barrick Energy Inc.