Sean Korney

Representative Work

MEG Energy Corp. $1.5 Billion Disposition

Counsel to MEG Energy Corp. in the 2018 $1.5 billion disposition of a 50% interest in Access Pipeline and 100% interest in Stonefell Terminal to Wolf Midstream Inc.

E&P Company

Advising an E&P company in 2018 on various power and petrochemical opportunities for commercialization of natural gas

Power Developer

Advising a power developer in 2018 on the development of a wind power project and on the bid in Alberta's Renewable Electricity Program

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 2018 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)

International Petroleum Corporation Acquisition of Oil & Natural Gas Assets from Cenovus Energy Inc.

Counsel to International Petroleum Corporation in the 2018  acquisition of oil & 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. Disposition to Tangle Creek Energy Ltd.

Counsel to RMP Energy Inc. (now Ironbridge Resources Inc.) in the 2017 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.

Marathon Oil Corporation Sale of Marathon Oil Canada Corporation to CNRL

Counsel to Marathon Oil Corporation in the 2017 US$2.5 billion sale of Marathon Oil Canada Corporation to Canadian Natural Resources Limited and Shell Canada Energy.

Madalena Energy Inc. Disposition to Pan American Energy LLC

Counsel to Madalena Energy Inc. in the 2017 partial sale and financing of its Argentine shale properties to Pan American Energy LLC.

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 

E&P Company

Advising an E&P Company in 2017 on the potential long term sale of propane to a Propane Dehydrogenation (PDH)/Polypropylene (PP) project

Private Equity

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

Savannah Petroleum PLC Acquisitions in Africa and Central America

Counsel to Savannah Petroleum in 2016 in respect of proposed and completed acquisitions and joint ventures in Nigeria and elsewhere in Africa and Central Asia.

Midstream Sale

Counsel to seller in a 2016 proposed billion dollar plus disposition of pipeline and midstream facilities.

Net Profits Owner

Counsel to lender and NPI owner in connection with the 2016 creation of a net profits interest on properties in Trinidad and Tobago.

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.

Nordaq Energy Disposition of Offshore Assets

Counsel to Nordaq Energy in the 2015 sale of a 75% interest in its Alaskan offshore assets to and joint venture with Caelus Energy LLC.

LNG Operating Company

Counsel to joint venture operating company in 2015 in respect of capacity, nomination and lifting arrangements for a Western Canadian LNG export project.

Basrah Gas Project

Counsel to minority stakeholder in US$17 billion dollar mid stream gas and LNG project in Iraq.

LNG Importer

Counsel to government agency on its portfolio of short and mid-term LNG purchasing agreements.

LNG Project Developers

Project counsel on a multi-billion dollar project to develop an LNG import terminal in the Middle East.

Upstream Exploration

Advising the operator on the full suite of upstream agreements with the Kurdistan Regional Government (Iraq) and with its co-venturers, and in respect of ongoing exploration and development issues.

African Government

Counsel to the Ministry of Energy of an African nation in respect of the development and negotiation of production sharing contracts with upstream investors.

Production Sharing Contracts

Counsel to an exploration company in respect of the negotiation of the anti-bribery and corruption aspects of its production sharing contract in Francophone Africa.

Joint Venture Arrangements

Counsel to purchaser of African upstream assets in respect of financing and joint venture arrangements with its co-purchaser.