Alicia Quesnel background high res

Alicia K. Quesnel

Managing Partner

403.260.0233
akq@bdplaw.com

Education:
Institute of Corporate Directors, Director's Education Program, ICD.D Designation, 2017

University of Ottawa, Master of Laws, International Trade Law, 1994; Queen's University, Bachelor of Laws, 1993

University of Calgary, Master of Arts, International Relations, 1989

University of Lethbridge, Bachelor of Arts, 1987

Bar admission: Alberta 1995
Industries:
Oil and gas, Power, Renewables and energy transition
Practice areas:
Business law, Commercial agreements, Corporate governance and disclosure, Competition and foreign investment, Corporate reorganizations, Joint ventures and other business combinations, Energy, Environmental, social, and governance (ESG), Private equity, Infrastructure and project development, Mergers, acquisitions and other strategic transactions

Experience

Alicia's focus is on:

Energy and commercial transactions

  • Large scale conventional and unconventional upstream resource joint venture projects (petroleum and natural gas, oil sands and shale gas)
  • Midstream infrastructure projects (LNG export facilities, processing, pipeline and crude by rail transportation)
  • Renewable energy projects (wind, hydro and solar)
  • Acquisitions, mergers and divestitures
  • and midstream arrangements as alternative forms of financing

Competition law and foreign investment

  • Securing regulatory approvals for mergers from the Competition Bureau, Investment Canada and other regulatory agencies
  • Advising on Competition Act compliance matters in a number of industries, including the upstream and midstream energy sectors, the energy service sector, power, petrochemicals, the airline industry and the grain industry, among others

Alicia also advises on Competition Act compliance matters for many industries.

Community involvement

Alicia is Director at Hope Breast Cancer Foundation and SOS Children's Villages Canada.

Professional involvement

Alicia is a member of BD&P's Executive Committee, Compensation Committee and Partnership Admission Committee.

She is also the former director of the Canadian Petroleum Law Foundation (now the Canadian Energy Law Foundation) (2000-2006).

Professional associations

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association

Presentations

Alicia has also presented and moderated at various conferences, panels, seminars, and other events, including:

  • Net Zero, Carbon Neutral, Low Carbon Economy, Energy Transition, Circular Economy: Understanding the Terminology, Defining Pathways, and Discussing Outcomes, Global Energy Show, MELA Pavillion, June 2022
  • Supply, Demand and Differentials, The Price of Crude oil in Canada, Southern Land Agents Lunch, March 2019
  • The Commercialization Challenge, The Future of Oil and Gas 2017, Conference sponsored by the Future
  • Economy (Milestone GRP), January 2017
  • A View From Alberta, Association of International Petroleum Negotiators (AIPN), 2016 Model Contracts Workshop, June 2016
  • Current Issues in Oil & Gas Transactions: a Panel Discussion on Commercial Oil & Gas Agreements, University of Calgary: Assentio Mentium Program, February 2015
  • Finding a Way Forward with Foreign Investors: A Conversation about the Internationalization of Canadian Resource Development Agreements, Canadian Bar Association, Alberta Branch, January 2015

Representative work

Graham Group’s acquisition of AECOM’s energy operations and maintenance business

Counsel to the Graham Group of Companies in the acquisition of the North American assets of AECOM’s Energy Operations and Maintenance Division. The acquisition positions the Graham Group as the third largest construction company in Canada and Western Canada’s largest industrial services company.

Greenfire Acquisition Corporation acquisition of Japan Canada Oil Sands Limited

Counsel to Greenfire Acquisition Corporation in its acquisition of all of the shares of Japan Canada Oil Sands Limited, which has a working interest in the Hangingstone facility in Alberta, for an undisclosed amount.

Kicking Horse Oil & Gas Ltd.'s $300 million acquisition by Whitecap Resources Inc

Counsel to Kicking Horse Oil & Gas Ltd., a portfolio company of Quantum Energy Partners, in its $300 million acquisition by Whitecap Resources Inc.

Alberta Petroleum Marketing Commission in connection with the Keystone Expansion Project

Counsel to APMC regarding the Government of Alberta’s $1.5 billion equity investment in––and $6 billion loan guarantee in support of––the Keystone Expansion Project.

Ovintiv Canada ULC's termination of joint venture with PetroChina Canada Ltd.

Counsel to Ovintiv Canada for the termination of their 2012 Duvernay shale joint venture and partition of assets.

Athabasca Oil Corporation's $70 million bitumen royalty upsizing

Counsel to Athabasca in the upsizing of the completed bitumen royalty with Burgess Energy Holdings LLC for an extra cash consideration of $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.

MEG Energy Corp.'s hostile tender offer from Husky Energy

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

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.'s acquisition of pipestone business of Cenovus Energy Inc.

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

NewAlta Corporation's $1 billion merger with Tervita Corporation

Counsel to NewAlta in the $1 billion merger with Tervita Corporation, a Canadian environmental solutions provider, in a stock swap transaction.

MEG Energy Corp.'s $1.5 billion asset disposition

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

Canyon Services Group Inc.'s acquisition by Trican Well Service Ltd.

Counsel to Canyon Services Group in the $637 million acquisition by Trican.

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.

Savanna Energy Services Corp.'s hostile takeover defence

Counsel to Savanna Energy Services in the defence of a $450 million hostile takeover bid by Total Energy Services Inc.

PrairieSky Royalty Ltd.'s 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.

ARC Resources Ltd. disposition of light oil assets

Counsel to ARC Resources Ltd. in the $700 million strategic disposition of light oil assets in southeast Saskatchewan to Spartan Energy Corp.

Tourmaline Oil Corp.'s $1.3 billion acquisition of energy assets

Counsel to Tourmaline Oil Corp. in the $1.37 billion acquisition of strategic assets located in the Alberta Deep Basin and the north east British Columbia Gundy area from Shell Canada Energy.

SemCAMS ULC's producer arrangements for condensate gathering and processing

Counsel to SemCAMS ULC in connection with the long-term producer arrangements for a $62 million product to construct condensate gathering and processing facilities at Kaybob.

Murphy Oil Canada Ltd.'s $937 million sale of joint venture interest

Counsel to Murphy Oil Canada Ltd., Canadian subsidiary of Murphy Oil Corporation, in the $937 million sale of its 5% non-operated working interest in the Syncrude oil sands joint venture to Suncor Energy Inc.

Athabasca Oil Corporation royalty grant to Burgess Energy Holdings LLC

Counsel to Athabasca Oil Corporation in granting a $129 million contingent bitumen royalty to Burgess Energy Holdings LLC.

$595 million energy asset acquisition by Whitecap Resources Inc.

Counsel to Whitecap Resources Inc. in the $595 million acquisition of premium oil assets in southwest Saskatchewan from Husky Energy Inc.

SemCAMS ULC's sour gas transportation arrangements

Counsel to SemCAMS ULC in connection with a 10 year extension of existing long-term sour gas transportation arrangements with an investment grade producer on SemCAMS' Northwest Wapiti, Wapiti and Simonette pipeline systems for gas processing at Kaybob South 3 (K3) Plant.

Murphy Oil Canada Ltd.'s disposition of natural gas assets in British Columbia

Counsel to Murphy Oil Canada Ltd., Canadian subsidiary of Murphy Oil Corporation, in the $538 million disposition of the Tupper Main and Tupper West gas plants and associated pipelines in northeastern British Columbia to Enbridge G and P Canada Limited Partnership, a subsidiary of Enbridge Inc.

Ag Growth International Inc.'s $221 million acquisition

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. in the $172 million acquisition of Manitoba-based Gardewine Group.

Tourmaline Oil Corp.'s Peace River High joint venture

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

Encana Corporation's $2 billion disposition of assets

Counsel to Encana Corporation (now Ovintiv Inc.) in the $2 billion disposition of its Bighorn assets in Alberta to Jupiter Resources Inc.

Suncor Energy's sale of assets to Tamarack Acquisition Corp.

Competition counsel to Suncor Energy in the $168.5 million disposition of its Wilson Creek assets located near Rimbey, Alberta to Tamarack Acquisition Corp., a wholly owned subsidiary of Tamarack Valley Energy Ltd.

Athabasca Oil Corporation's sale of Dover Oil Sands Project

Counsel to Athabasca in the $1.18 billion sale of its 40% interest in the Dover oil sands project to Phoenix Energy Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited.

Progress Energy Canada Ltd.'s acquisition of energy assets

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

Competition advice for the sale of a conventional natural gas business to CG Energy Canada

Counsel to Suncor Energy in relation to competition and Investment Canada matters in the $1 billion sale by Suncor Energy Inc. of a majority of its conventional natural gas business to CQ Energy, a newly established partnership between Centrica plc and Qatar Petroleum International.

Encana Corporation's joint venture to develop Duvernay lands

Counsel to Encana Corporation (now Ovintiv Inc.) in the $2.18 billion acquisition by Phoenix Duvernay Gas, a wholly owned subsidiary of PetroChina International Investment Company Limited, of a 49.9% interest in Encana's Duvernay natural gas play in West Central Alberta; at the same time, a joint venture was formed between Encana and Phoenix to develop the properties.

Encana Corporation's partnership with Mitsubishi Corporation

Counsel to Encana Corporation (now Ovintiv Inc.) in the $2.9 billion partnership with Mitsubishi Corporation whereby Mitsubishi acquired a 40% interest in Encana's natural gas assets in the Cutbank Ridge area in BC.

Athabasca Oil Sands Corp.'s energy asset sale and joint venture

Counsel to Athabasca Oil Sands Corp. in the $1.9 billion sale of 60% interest in McKay & Dover Oil Sands assets to PetroChina International Investment Company Limited and negotiated related joint venture.

Encana Corporation's joint venture with ConocoPhillips

Counsel to Encana Corporation (now Ovintiv Inc.) in the $15 billion formation of two 50/50 joint ventures, a Canadian upstream partnership including the Foster Creek and Christina Lake oil sands projects formerly held by Encana, and a US downstream limited liability company including the Wood River and Borger refineries formerly held by ConocoPhillips; counsel to Cenovus Energy Inc. in the renegotiation of the joint venture whereby Cenovus took over the interest of Encana.

Shell Canada's proposed LNG project at Kitimat

Counsel to Shell Canada in the negotiation of joint venture arrangements between Shell Canada, Korea Oil and Gas Corporation, Mitsubishi Corporation and PetroChina Company Limited for the development of an LNG export terminal in Kitimat, British Columbia.

SemCAMS ULC's producer arrangements for sour gas processing plant

Counsel to SemCAMS ULC in connection with long-term producer arrangements for a new 200 mmcf/day sour gas processing plant at 25-67-07W6M.

Suncor Energy's sale of conventional natural gas businesses

Counsel to Suncor Energy in relation to competition and Investment Canada matters in the $1 billion sale by Suncor Energy Inc. of a majority of its conventional natural gas business to CQ Energy, a newly established partnership between Centrica plc and Qatar Petroleum International.

Awards

Recent honours and recognition

Named in Who's Who Legal as a Global Elite Thought Leader in Energy - Oil and Gas (2020, 2023).

Named in The Legal 500 under the Hall of Fame in energy and natural resources: Oil and Gas (2023)

Named as Best Lawyers in Canada's Calgary Lawyer of the Year in Oil and Gas Law and Energy Law (2023).

Leading lawyer in Energy: Oil & Gas (2016-2023) and Corporate Commercial Alberta (2018-2023) by Chambers Canada.

Leading lawyer in Canada in Energy and Natural Resources: Oil & Gas (2016-2022) by the Legal 500 Canada.

Named as Best Lawyers in Canada's Calgary Lawyer of the Year in Natural Resource Law (2016, 2018 and 2021. 2023).

Leading lawyer in Energy: Oil & Gas (annually since 2014), Corporate Commercial (annually since 2015) and Competition Law (2018-2021) by the Canadian Legal Lexpert Directory.

Named in the Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada in Energy (2017-2020).

Named in Who's Who Legal, the International Who's Who of Business Lawyers in Energy Law (annually since 2010).

Named in Lexpert's Special Edition on Canada's Leading Corporate Lawyers (annually since 2014).

Named in Who's Who Legal, Canada in Energy Law (annually since 2010).

Named in Chamber's Global in Energy: Oil & Gas (annually since 2006).

Recommended lawyer in Energy, Oil and Gas, and Natural Resources (annually since 2013) by Best Lawyers in Canada.

Named in Lexpert's Special Edition of Canada's Leading Energy Lawyers (annually since 2013).

Publications

November 1, 2022

A look at current trends in the energy sector with Financier Worldwide

November 1, 2022

National security review of foreign investments will be a central aspect of Canada's economic security going forward

August 24, 2022

Voluntary national security notifications now permitted under the Investment Canada Act

July 11, 2022

Modernizing Canadian competition laws: The first in a series of anticipated amendments come into effect

March 9, 2022

The Canadian government cautions against Russian-related investments

January 13, 2022

Moving towards Alberta's mineral future: what you need to know about the Mineral Resources Development Act (Alberta)

January 4, 2022

Climate change, energy security and the role of the Canadian oil and gas industry

March 22, 2021

The ESG imperative – Canadian legislative and regulatory developments

February 17, 2021

Decreased 2021 merger thresholds under the Competition Act and Investment Canada Act

February 4, 2021

Artificial intelligence in the Canadian oil patch

January 6, 2021

M&A in the oil and gas sector

September 13, 2020

Open for business: Bill 22 cuts "red tape" from the Business Corporations Act and Partnership Act

August 13, 2020

Bill 22: cutting “red tape” by reducing Cabinet oversight

August 13, 2020

2020 Oil Sands Tenure Regulation: a summary of changes

August 11, 2020

New Order under the Time Limits and Other Periods Act (COVID-19) brings temporary timeline extensions and uncertainty for foreign investors

April 1, 2020

A positive outlook for Canada’s propane industry

October 7, 2019

The changing landscape of the Canadian oil and gas sector

January 31, 2019

Supreme Court of Canada overturns Alberta Court of Appeal in Orphan Well Association v Grant Thornton Ltd.

January 7, 2019

Alberta crude oil curtailment: a Q&A. What operators need to know about the amendments to the curtailment rules

December 5, 2018

Government of Alberta Takes Action to Address Unprecedented Price Differential

News

November 21, 2022

2022 Who's Who Legal Guide released

November 15, 2022

The Legal 500 2023 Rankings recognize cutting edge counsel

October 12, 2022

Alicia Quesnel receives Women in Law Leadership Award

September 29, 2022

Chambers Canada recognizes fourteen BD&P lawyers for legal expertise in 2023 edition

August 25, 2022

Thirty-five BD&P lawyers recognized in Best Lawyers in Canada, 2023 edition

February 1, 2022

Alicia Quesnel appointed Managing Partner at BD&P

April 23, 2021

Twenty BD&P lawyers recognized in the Canadian Legal Lexpert Directory 2021

October 27, 2020

Lexpert ranks a record number of BD&P partners and counsel among Canada's leading energy lawyers

September 9, 2020

Sixteen BD&P lawyers recognized in the 2021 edition of Chambers Canada

August 27, 2020

Thirty-four lawyers recognized in the 2021 edition of the Best Lawyers in Canada guide

April 29, 2020

Twenty-three lawyers ranked in 2020 edition of the Canadian Legal Lexpert Directory

February 14, 2020

Five BD&P partners recognized by Chambers Global as world leading lawyers

December 19, 2019

Alicia Quesnel named Global Elite Thought Leaders in Energy by Who’s Who Legal

December 17, 2019

Six BD&P lawyers named in the 2020 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada

December 5, 2019

BD&P lawyers recognized for their expertise in the Legal 500 Canada 2020

August 21, 2019

31 BD&P lawyers included in 2020 edition of Best Lawyers in Canada

May 3, 2019

Twenty-one lawyers ranked across seventeen practice areas in 2019 Canadian Legal Lexpert Directory

April 29, 2019

Eight partners recognized as leading lawyers in Lexpert Special Edition on Canada’s Leading Corporate Lawyers

February 14, 2019

Chambers Global recognizes BD&P partners as world-leading lawyers

December 18, 2018

BD&P Lawyers named in the 2019 Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada

November 29, 2018

Legal 500 Canada recognizes the expertise of fifteen BD&P lawyers

November 2, 2018

BD&P lawyers named in Who’s Who Legal: Canada 2018

September 21, 2018

BD&P lawyers recognized as leading practitioners in 2019 edition of Chambers Canada

August 21, 2018

Best Lawyers in Canada 2019 recognizes BD&P lawyers