Acquisitions, Mergers and Divestitures

Representative Work

ARC Resources Ltd.’s $100 million asset sale

Counsel to ARC Resources Ltd. in the sale of certain Pembina Cardium assets to Ricochet Oil Corp. for $100 million

Sale of the 131 km Pioneer Pipeline by TransAlta Corporation to ATCO Gas and Pipelines Ltd. for $255 million

Counsel to TransAlta Corporation in connection with the sale by TransAlta and its partner, Tidewater Midstream & Infrastructure Ltd., of the Pioneer Pipeline to ATCO Gas and Pipelines Ltd. for $255 million

Saguaro Resources Ltd. sale of energy assets to Tourmaline Oil Corp.

Counsel to Saguaro Resources Ltd. in the sale of 50% of its assets in the Laprise-Conroy North Montney area of British Columbia to Tourmaline Oil Corp. for $205 million. The companies entered into a joint venture agreement to development the assets with Tourmaline operating the joint venture and related facilities

Westleaf Inc.’s acquisition of 50% of the Delta West extraction facility from Delta 9 Cannabis Inc.

Counsel to Westleaf Inc. (now Decibel Cannabis Company Inc.) in the acquisition of Delta 9 Cannabis Inc.'s 50% interest in the Delta West extraction facility, bringing Westleaf's total ownership to 100%

Scoular Company’s sale of its edible bean business for US $25 million

Canadian counsel to the Scoular Company, a large, privately-owned US agricultural commodities trading company, in the sale of its edible bean business, which included processing plants in St. Hilaire, Minnesota, U.S.; Plum Coulee and Morden, Manitoba; and receiving stations in Garske and Grafton, North Dakota, U.S., to Cooperative Elevator Co., for approximately US $25 million

Tourmaline Oil Corp.’s $205 million acquisition of assets from Saguaro Resources Ltd.

Counsel to Tourmaline Oil Corp. in the $205 million strategic acquisition of 50% of the assets of Saguaro Resources Ltd. in the Laprise-Conroy North Montney area of British Columbia. The companies entered into a joint venture agreement to develop the assets, with Tourmaline operating the joint venture and related facilities

Peyto Exploration & Development Corp.’s acquisition of oil and gas assets in Alberta

Counsel to Peyto Exploration & Development Corp in the acquisition of oil and gas assets in the Greater Sundance Area

​AltaGas Ltd.’s $715 million acquisition of equity interest in Petrogas Energy Corp.

Counsel to AltaGas Ltd. in its acquisition of an additional 37 percent equity interest in Petrogas Energy Corp. for total consideration of approximately $715 million

Headwater Exploration Inc.’s acquisition of Cenovus Energy Inc.’s Marten Hills assets

Counsel to Headwater Exploration Inc. in the acquisition of Cenovus Energy Inc.'s Marten Hills upstream assets for gross proceeds of $100 million, comprising $35 million in cash, $50 million common shares of Headwater Exploration Inc. and $15 million purchase warrants

Bonavista Energy Corporation’s strategic asset acquisition for $53.3 million

Counsel to Bonavista Energy Corporation in respect of the acquisition of certain oil and natural gas assets located in West Central Alberta for $53.3 million

Agreement for the sale of the 131 km Pioneer Pipeline by TransAlta Corporation

Counsel to TransAlta Corporation in connection with the execution of an agreement for TransAlta and its partner, Tidewater Midstream & Infrastructure Ltd., to sell the 131 km Pioneer Pipeline to NOVA Gas Transmission Ltd., a wholly owned subsidiary of TC Energy Corporation, for a purchase price of $255 million

Bellatrix Exploration Ltd.’s divestiture of substantially all of its assets

Counsel to Bellatrix Exploration Ltd. in its divestiture of substantially all of its assets to Winslow Resources Inc., a wholly-owned subsidiary of Return Energy Inc. (renamed Spartan Delta Corp.), in the context of Bellatrix’s proceedings under the Companies’ Creditors Arrangement Act

Acquisition of Kenn Borek Air Ltd.

Counsel to Don Wall and 11412175 Canada Ltd. in connection with the acquisition of Kenn Borek Air Ltd.

Northern Spirit Resources Inc. $25 million investment transaction

Counsel to Northern Spirit Resources Inc. (now Altura Energy Inc.) in connection with its recapitalization, reorganization and $25 million investment transaction

MEG Energy hostile tender offer from Husky Energy

Counsel to MEG Energy, a Canadian oil sands producer, and its board of directors regarding the response to the unsolicited tender offer by Husky Energy whereby Husky sought to acquire the entire share capital of MEG for approximately $6 billion

TriWest Capital Partners investment in HPC Energy Services Ltd.

Counsel to HPC Energy Services Ltd. in a Plan of Arrangement whereby TriWest Capital Partners acquired a majority interest in HPC Energy Services Ltd.

Acquisition of HNZ Group Inc. (Canadian Helicopters Limited)

Counsel to Don Wall and CHL Heli-Acquisition Company Ltd. in the $232 million acquisition of HNZ Group Inc. (Canadian Helicopters Limited)

Enerflex Ltd. acquisition of Mesa Compression, LLC

Counsel to Enerflex Ltd., through the U.S. entity Enerflex Energy Systems Inc., in its US$106 million acquisition of U.S. based contract compression business, Mesa Compression, LLC

VolkerWessels Canada Ltd. acquisition of a private construction and highway maintenance company

Counsel to VolkerWessels Canada Ltd. (Volker Stevin) in connection with its acquisition of a private construction and highway maintenance company, Lakes District Maintenance Ltd.

The Scoular Company asset acquisition from Legumex Walker Inc.

Counsel to The Scoular Company in connection with the $94 million acquisition of the assets of the Special Crops Division of Legumex Walker Inc.

Ag Growth International Inc.’s $221 million acquisition of the Westeel division of VicWest Inc.

Counsel to Ag Growth International Inc. in the $221 million acquisition of the Westeel division of Vicwest Inc.

Mullen Group Ltd. acquisition of Gardewine Group Limited Partnership

Counsel to Mullen Group Ltd. with respect to the $172 million acquisition of Manitoba-based Gardewine Group Limited Partnership

Command Fishing and Pipe Recovery Ltd. acquisitions

Counsel to Command Fishing and Pipe Recovery Ltd. in the acquisition of three private wireline and fishing companies

Triwest Capital Partners acquisition of NCSG Crane & Heavy Haul Corporation

Counsel to Triwest Capital Partners and Alberta Teachers’ Retirement Fund in connection with the acquisition of a majority interest in NCSG Crane & Heavy Haul Corporation