Energy

Representative Work

Kicking Horse Energy Inc. $335 million merger with Donnycreek Energy Inc.

Counsel to Kicking Horse Energy Inc. in its $335 million merger transaction with Donnycreek Energy Inc.

Obsidian Energy Ltd. sale of 55% interest in the Peace River Oil Partnership

Counsel to Obsidian Energy Ltd. for the sale of its 55% interest in the Peace River Oil Partnership to Highwood Oil Company Ltd. for total consideration of approximately $97 million (closing pending). The Partnership holds heavy oil assets located in the Peace River region of northern Alberta

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

Restructuring of Westmorland Coal Company and its Alberta mining operations

Acted as local transactional agent counsel in regard to the cross border, Chapter 11 driven, restructuring of Westmorland Coal Company and its Alberta mining operations through its Alberta subsidiary corporations. This engagement involved several stages of debt restructuring, a complex tax structured credit bid purchase of all the shares of Westmoreland's Alberta subsidiaries, and various transactional logistics necessitated by Westmoreland's convoluted international corporate structure and Alberta's regulatory environment

Government of Alberta TMX reconsideration before the National Energy Board

Co-counsel to the Government of Alberta in respect of the expedited Trans Mountain Expansion Project reconsideration hearing where the National Energy Board recommended that the Project proceed

Gear Energy Ltd. $70 million acquisition of Steppe Resources Inc.

Gear Energy Ltd. entered into an arrangement agreement with Steppe Resources Inc. where Gear acquired Steppe for aggregate consideration of approximately $70 million

Alberta Petroleum Marketing Commission crude by rail project

Counsel to the Alberta Petroleum Marketing Commission in connection with the Alberta Government's publicly announced 120,000 bbls/d, $3.7 billion crude by rail (CBR) initiative for the transportation of Alberta crude oil by rail car to markets in the U.S. and Canada

SemCAMS long-term arrangement for sour gas production

Counsel to SemCAMS in respect to its long-term agreement with the Canadian subsidiary of a large international oil and gas company to process sour gas production at its Wapiti Gas Plant. Key to this mandate was the execution of 10 year long-term take-or pay commitments for the NW Wapiti Pipeline, the Wapiti Gas Plant, the Wapiti Pipeline and the Simonette Pipeline

NuVista Energy Ltd. acquisition of pipestone business of Cenovus Energy Inc.

Counsel to NuVista Energy Ltd. in the $625 million acquisition of the Cenovus Pipestone Partnership, which holds assets in the Pipestone area of Northwest Alberta, from Cenovus Energy Inc.

Raging River Exploration Inc. strategic acquisition by Baytex Energy Corporation

Counsel to Raging River Exploration Inc., a Canadian oil producer, in the $2.8 billion strategic acquisition by Baytex Energy Corporation

Progress Energy Canada Ltd. divestiture of assets in Alberta deep basin

Counsel to Progress Energy Canada Ltd in the divestiture of oil and natural gas assets in Alberta's deep basin.

MEG Energy $1.5 billion disposition to Wolf Midstream Inc.

Counsel to MEG Energy Corp. in the $1.5 billion disposition of a 50% interest in Access Pipeline and 100% interest in Stonefell Terminal to Wolf Midstream Inc.

Alberta’s Renewable Electricity Program bid and wind power project development

Counsel to a power developer in respect to the development of a wind power project and a bid in response to an Alberta's Renewable Electricity Program RFP

Swala Oil & Gas (Tanzania) plc acquisition of a stake in Orca Exploration Group Inc.’s subsidiary

Counsel to Orca Exploration Group Inc. in Swala Oil & Gas (Tanzania) plc's acquisition of a stake in Orca Exploration Group Inc.'s wholly owned subsidiary PAE PanAfrican Energy Corporation (part one of three parts up to US$130 million) and related shareholders' agreements

Private equity firm acquisition of share in helium production company

Advising a private equity firm on the Canadian aspects of the acquisition of an interest in a Helium producer

Long-term sale of propane to an E&P company

Advising an exploration and production company on the potential long term sale of propane to a Propane Dehydrogenation (PDH)/Polypropylene (PP) project

International Petroleum Corporation acquisition of oil and natural gas assets from Cenovus Energy Inc.

Counsel to International Petroleum Corporation in the acquisition of oil and natural gas assets in Suffield and Alderson areas of southern Alberta from Cenovus Energy Inc. for proceeds of $512 million plus an additional deferred contingent amount of $36 million

RMP Energy Inc. $80 million disposition to Tangle Creek Energy Ltd.

Counsel to RMP Energy Inc. (now Ironbridge Resources Inc.) in the purchase and sale agreement with Tangle Creek Energy Ltd. pursuant to which Tangle Creek acquired all of RMP’s crude oil and natural gas interests in the Waskahigan/Grizzly, Kaybob, Gilby, Pine Creek areas of West Central Alberta in addition to other minor Alberta properties for approximately $80 million

Whitecap Resources Inc. $940 million acquisition of assets

Counsel to Whitecap Resources Inc. in the $940 million strategic acquisition of light oil assets in southeast Saskatchewan

Marathon Oil Corporation sale of Marathon Oil Canada Corporation to CNRL

Counsel to Marathon Oil Corporation in the US$2.5 billion sale of Marathon Oil Canada Corporation to Canadian Natural Resources Limited and Shell Canada Energy

Cardinal Energy Ltd. $300 million acquisition of light oil assets in Alberta and Saskatchewan

Counsel to Cardinal Energy Ltd. in the $300 million acquisition of light oil assets in the Weyburn/Midale area of southeast Saskatchewan and House Mountain area of Alberta

Canadian Natural Resources Limited $1.8 billion note offering

Counsel to the dealers in a $1.8 billion public offering of medium term notes by Canadian Natural Resources Limited

PrairieSky Royalty Ltd. $250 million acquisition of royalty rights

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

Tamarack Valley Energy Ltd. acquisition of Spur Resources Ltd.

Counsel to Spur Resources Ltd. in the $407.5 million acquisition by Tamarack Valley Energy Ltd.