Recent Work
  • Centrica plc in the C$722M acquisition of its Canadian oil and gas exploration and production business by Canlin Energy Corporation, a consortium of two Hong Kong-based companies, MIE Holdings Corp. and Can-China Global Resource Fund, and Geneva-based Mercuria Energy Group.
  • Baytex Energy Corp. in its all-stock acquisition of Raging River Exploration Inc. to create a combined organization with an enterprise value of approximately C$5B.
  • AltaGas Ltd. in the acquisition of a 50% ownership interest in certain existing and future natural gas processing plants in the Aitken Creek area from Black Swan Energy Ltd., and related joint venture processing, transportation and marketing agreements, that also includes new AltaGas liquids handling infrastructure, for a total capital investment by AltaGas of approximately C$230M.
  • AltaGas Ltd. in its C$8.4B cross-border acquisition of WGL Holdings, Inc., including related financing, consisting of a US$4.95B bridge facility, a C$2.1B bought deal public offering of subscription receipts and a concurrent C$400M private placement of subscription receipts to OMERS.
  • Cheung Kong Infrastructure Holdings Limited and Power Assets Holdings Limited in their C$1.7B acquisition of a 65% indirect ownership interest in select heavy oil pipeline and storage assets from Husky Energy in Alberta and Saskatchewan, and related joint venture, financing and commercial arrangements.
  • GBC Oil Company in a US$113M international arbitration against the government of Albania for wrongful expropriation of producing oilfields.
  • Nabors Industries Ltd., as Canadian counsel, in its acquisition of Tesco Corporation.
  • Seven Generations Energy Ltd. in its C$2B acquisition of petroleum and natural gas assets from Paramount Resources Ltd. and concurrent bought-deal public offering of subscription receipts for aggregate gross proceeds of approximately C$750M.
  • Source Energy Services Ltd. in its C$175M initial public offering.
  • Teine Energy Ltd. in its C$975M acquisition of Viking light oil and heavy oil properties located in South Western Saskatchewan.
  • Gran Tierra Energy Inc. in its US$525M acquisition of PetroLatina Energy Ltd., and concurrent private placement offering of subscription receipts to partially fund the transaction for US$173.5M.
  • InterOil Corporation in its successful defense of a proxy contest involving former CEO, Phil Mulacek, who ran a short slate of directors and sought to implement various governance reforms.
  • Heemskirk Canada in connection with a project financing relating to the construction of an expansion to a frac sand mine in British Columbia.
  • Lax Kw'alaams First Nation in negotiating the C$2B Benefit Agreements with the Province of BC, NW LNG and PRGT.
  • Seven Generations Energy Ltd. in its acquisition of a minority interest in Steelhead LNG Limited Partnership, which is proposing two LNG export facilities on Vancouver Island, and related joint venture arrangements.
  • ARC Energy Funds in various fund formations and ongoing investment and divestment activities in Canada, including the formation of ARC Energy Fund 8 with capital commitments of over $1.5B, and the acquisition of Boulder Energy for approximately $268M (including the assumption of debt).
  • Legacy Oil + Gas Inc. in its C$1.5B sale to Crescent Point Energy Corp.
  • PetroChina International Investment Company Limited, directly and indirectly through its subsidiary Phoenix Energy Holdings Limited, in its C$1.9B acquisition of a 60% working interest in Athabasca Oil Corp.’s MacKay River and Dover oil sands projects, and in its subsequent acquisitions of the remaining 40% interest in the MacKay River project for C$680M and the remaining 40% interest in the Dover project for C$1.2B.
  • Caracal Energy Inc. in its C$1.5B acquisition by a wholly-owned subsidiary of Glencore Xstrata Plc.
  • PTTEP Canada Limited in its acquisition of the remaining 60% ownership interest in the Thornbury, Hangingstone and South Leismer oil sands areas from Statoil Canada Ltd., in exchange for its 40% stake in the Leismer and Corner projects and C$200M in cash.
  • Indian Oil Corporation Limited in its agreement with Progress Energy Canada Ltd., Pacific NorthWest LNG Ltd. and Petroliam Nasional Berhad (PETRONAS) to acquire a 10% interest in Progress Energy’s natural gas reserves in northeastern British Columbia and in the proposed Pacific NorthWest LNG export facility on Canada’s West Coast, and related joint venture arrangements.
  • China National Offshore Oil Company in its US$19.5B cash acquisition of Calgary-based Nexen Inc., including the assumption of debt.