David Price

David M. Price Associate

Representative Work
  • Centrica plc in the C$722M acquisition of its Canadian oil and gas exploration and production business by Maple Felix 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.
  • ARC Financial Corp. in the successful dismissal of litigation regarding technology relating to the design and manufacture of flexible composite pipe for the oil and gas industry.
  • The secured creditor in receivership proceedings in respect of Fogo Energy Corp.
  • 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.
  • 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.
  • Canexus Corporation in its planned acquisition by Superior Plus Corp. pursuant to a plan of arrangement providing for the issuance of 0.153 Superior shares for each Canexus share, implying a total equity value of C$316M and enterprise value of C$932M.
  • Various employers with respect to enforcing confidentiality, fiduciary and other post-employment obligations of departing key employees and executives.
  • BP Canada in C$600M litigation against Aux Sable Canada relating to a twenty year product supply agreement for natural gas and NGLs transported on the Alliance Pipeline.