Sean Korney

Representative Work

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

CNOOC Limited acquisition of Repsol YPF’s oil and gas interests in Indonesia

Counsel to CNOOC Limited regarding the acquisition of Repsol YPF's oil and gas interests in Indonesia, making CNOOC Limited the largest offshore oil producer in Indonesia. This acquisition was Asiamoney's M&A Deal of the Year and was reported as being one of the largest international acquisitions in China business history

ONGC Videsh Ltd. Greater Nile Oil Project acquisition

Counsel to ONGC Videsh Ltd. in respect to its acquisition of a 25% interest in the Greater Nile Oil Project, comprising producing oil fields, a 1,500-km pipeline and an oil terminal in Sudan

ONGC Videsh Ltd. buyback contract for the Yadavaran Field.

Counsel to ONGC Videsh Ltd. in respect to their buyback contract for the Yadavaran Field

LNG Japan and the Tangguh LNG Project

Counsel to LNG Japan regarding the exercise of pre-emptive rights and acquisition of interests in the Tangguh LNG Project

Korea National Oil Corporation commercialization of gas reserves

Counsel to Korea National Oil Corporation in relation to the commercialization of gas reserves in the Rong Doi Field, Vietnam

CNOOC Limited Tangguh LNG Project acquisition

Counsel to CNOOC Limited in the acquisition of a 12.5% interest in the Tangguh LNG Project, Indonesia

Occidental Petroleum Mukhaizna Project joint venture acquisition

Counsel to Occidental Petroleum in respect to the Mukhaizna Project, which included the granting of a new production concession, the acquisition of the existing assets and the formation of a joint venture

ONGC Videsh Ltd. joint venture acquisition

Counsel to ONGC Videsh Ltd. in respect of its acquisition of Omimex de Colombia through a 50/50 joint venture with Sinopec

Occidental Petroleum gas sales agreement with the Government of Oman

Counsel to Occidental Petroleum in respect of a Master Gas Sales Agreement with the Government of Oman

National petrochemical company feedstock and offtake arrangements in Oman

Counsel to the confidential national petrochemical company in respect of feedstock and offtake arrangements for an ethylene dichloride project in Oman

ONGC Videsh Ltd. M&A bid for Tanganyika Oil Company

Counsel to ONGC Videsh Ltd. regarding its bid for Tanganyika Oil Company which held Enhanced Oil Recovery (EOR) assets Syria

Wentworth Resources strategic business combination

Counsel to Wentworth Resources in respect of their strategic combination with Artumas Group, a Norwegian listed company with upstream and power assets in Mozambique and Tanzania

Pearl Petroleum’s gas sales arrangements in Iraq

Counsel to Pearl Petroleum Company Limited in respect of gas sales arrangements in the Kurdistan Region of Iraq

Crescent Petroleum contract dispute

Counsel to Crescent Petroleum in respect of a dispute over gas sales contract and send or pay provisions in Sharjah, UAE.

E&P company’s proposed sale of a Colombian subsidiary company

Counsel to exploration and production company in respect of the proposed sale of a Colombian upstream subsidiary company

E&P company potential joint venture in Abu Dhabi

Counsel to exploration and production company in respect of a potential unconventional resource joint venture in Abu Dhabi

International sale and lease of energy equipment to a Russian company

Counsel to an energy service company regarding the sale and lease of equipment to a Russian company

Obsidian Energy Inc. asset sales

Counsel to Obsidian Energy Inc. on various asset sales and operational issues

E&P company bid for assets in Egypt

Counsel to an exploration and production company on a bid for assets in Egypt

Business combination involving assets in Africa and Asia

Counsel to a Canadian and UK listed company on the possible combination with a UK listed company with assets in Africa and Asia

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.

E&P company commercialization of natural gas

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

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