Energy

ARC Resources Ltd.'s $8.1 billion combination

Counsel to ARC Resources Ltd. in its $8.1 billion strategic Montney combination with Seven Generations Energy, resulting in ARC becoming Canada's largest condensate producer, third-largest natural gas producer and sixth-largest upstream energy company.

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.

Sale of the of the 131 km Pioneer Pipeline by TransAlta Corporation

Counsel to TransAlta Corporation in connection with the sale by TransAlta and its partner, Tidewater Midstream & Infrastructure Ltd., of 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.

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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

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.

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.

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

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

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.

Government of Alberta's 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.

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.

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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.

TransAlta Corporation's development of a wind power project

Counsel to TransAlta Corporation in connection with the development of a 200 MW+ wind farm project following it having achieved “Selected Proponent” status under AESO’s REP Round 3 program.

$2.8 billion acquisition of Raging River Exploration Inc.

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

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.

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.

Whitecap Resources Inc.'s $940 million acquisition of energy assets

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

Cardinal Energy Ltd.'s $300 million acquisition of light oil assets

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.

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.

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.

RMP Energy Inc.'s disposition of energy assets

Counsel to RMP Energy Inc. in a $114 million disposition of crude oil and natural gas interests in the Ante Creek area of west central Alberta.

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.

Petrus Resources Ltd.'s $30 million disposition of oil and gas interests

Counsel to Petrus Resources Ltd. in the $30 million disposition of its oil and natural gas interests in the Peace River area of Alberta to Rising Star Resources Ltd.

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.

Freehold Royalties Ltd.'s royalty and land acquisition

Counsel to Freehold Royalties Ltd. in the $165 million acquisition of royalty production and lands from Husky Energy Inc.

Athabasca Oil Corporation's light oil joint venture

Counsel to Athabasca in the $486 million light oil joint venture with Murphy Oil Company Ltd., the Canadian subsidiary to Murphy Oil Corporation, to develop the Duvernay and Montney in the Kaybob area of northwestern Alberta.

$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.

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.

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.

PrairieSky Royalty Ltd.'s $1.8 billion asset acquisition

Counsel to PrairieSky Royalty Ltd. in $1.8 billion acquisition of royalty assets from Canadian Natural Resources Limited.

Freehold Royalties Ltd. $321 million royalties' acquisition

Counsel to Freehold Royalties Ltd. in the $321 million acquisition of two royalty packages from Penn West Petroleum Ltd.

Encana Corporation's sale of assets to Ember Resources Inc.

Counsel to Encana Corporation (now Ovintiv Inc.) in the $605 million sale of Clearwater assets in Alberta, including approximately 1.2 million acres of land and over 6800 producing natural gas wells to Ember Resources.

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.

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.

Canadian Natural Resources Limited's $3.1 billion acquisition

Counsel to Canadian Natural Resources Limited in its $3.125 billion acquisition of Devon Energy Corp.'s Canadian conventional assets, excluding Horn River and the heavy oil properties.

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.

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.

$5.2 billion acquisition of Progress Energy Resources Corp.

Counsel to Progress Energy Resources Corp. in the $5.2 billion acquisition by PETRONAS, the Malaysian national oil company.

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.

Progress Energy Resources Corp.'s sale and joint venture with PETRONAS

Counsel to Progress in the $1.1 billion sale of 50% working interest in Montney shale assets in Foothills of north eastern British Columbia to PETRONAS, the Malaysian national oil company, and the formation of an upstream joint venture to develop the gas assets as well as a downstream LNG Export Project Joint Venture pursuant to which they plan to build and operate a major LNG export facility.

Sale of natural gas assets in British Columbia and Alberta

Counsel to a potential bidder on the sale of Enbridge Inc.'s Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins.

Oil sands and conventional pipeline transportation

Drafting and negotiating numerous long-term and take-or-pay agreements for the transportation of diluted bitumen, condensate and conventional oil ranging in size up to 500,000 b/d on existing pipelines, lateral connections and new-build mainline pipelines.

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

Penn West Energy Trust joint venture with China Investment Corporation

Counsel to Penn West Energy Trust in the formation of an $817 million joint venture with a wholly-owned subsidiary of China Investment Corporation to develop Penn West's bitumen assets in the Peace River area of northern Alberta

Power development company's acquisition of green power

Advising a power development company on a limited partnership and contract for differences with a corporate investor that was interested in acquiring green power from an independent wind project as part of its efforts to reduce its carbon footprint.

Power company's bid to acquire Regional Power Inc.

Advising a power development company on its due diligence and bid to acquire Regional Power Inc., a corporate group with 106 MW of hydroelectric assets in BC and Ontario from ManuLife Financial Corporation.

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.

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.

TransAlta Corporation's joint venture arrangements for a power plant development

Counsel to TransAlta Corporation in respect of negotiating and preparing joint venture arrangements for the development of new wind power plants.

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.

Development of an LNG export project

Counsel to a consortium of limited partners and shareholders on the strategic implications of the joint development agreement on their interests as partners/shareholders and as gas suppliers to the proposed LNG export project.

US Development Group LLC's joint venture with Gibson Energy

Counsel to US Development Group LLC in its 50/50 joint venture with Gibson Energy to advance the financing, development and construction of a Diluent Recovery Unit in Hardisty, Alberta.