Kurtis Reed

Kurtis Reed Partner

Representative Work
  • Pembina Pipeline Corporation in its C$4.35B acquisition of Kinder Morgan Canada Limited and the U.S. portion of the Cochin Pipeline system.
  • AltaGas Ltd. in the sales of its interests in Northwest British Columbia hydroelectric facilities to joint venture companies owned by Axium Infrastructure Inc. and Manulife Financial Corporation for an aggregate of C$2.3B.
  • True North Data Solutions in the establishment of a cryptocurrency mining facility in Alberta, including True North’s arrangements for the purchase of electric energy and the lease of land required for the facility and related development, procurement and construction matters.
  • URICA Energy in its arrangements with various counterparties to provide advisory and power dispatch services in determining the optimal combination of sales of physical electric energy and ancillary services.
  • An undisclosed bidder in its proposed acquisition of a majority interest in the Northern Courier pipeline, and all related long-term transportation service agreements.

  • An undisclosed bidder in its proposed acquisition of Enbridge Inc.’s provincially and federally regulated natural gas pipeline and processing facilities.

  • A confidential midstream company in the acquisition from Crew Energy of an 11% working interest in the Septimus and West Septimus gas processing facilities and related long term processing arrangement with Crew Energy.
  • 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.
  • Hut 8 Mining Corp. in the establishment of a cryptocurrency mining facility in Medicine Hat, Alberta, including Hut 8’s arrangements with the City of Medicine Hat for the purchase of 42 MW of electric energy and the lease of land near the City’s new Unit 16 power plant required for the facility and related development, procurement and construction matters.
  • A confidential project participant in upstream and downstream commercial arrangements in connection with the LNG Canada project.

  • AltaGas Ltd. in the C$165M sale of Canadian midstream and power assets to Birch Hill Equity Partners Management Inc.
  • 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.
  • AltaGas Ltd. in commercial arrangements with Kelt Exploration Ltd. to provide energy infrastructure for the liquids-rich Montney development, including gas processing, construction, transportation, fractionation, terminalling and LPG marketing arrangements. 
  • Petrochemical Industries Company K.S.C. (a subsidiary of Kuwait Petroleum), as Canadian counsel, on its joint venture with Pembina Pipeline Corporation regarding a proposed integrated propylene and polypropylene production facility in Sturgeon County, Alberta.
  • AltaGas Ltd. in arrangements with Birchcliff Energy Ltd. for a long-term natural gas processing arrangement at the AltaGas deep-cut sour gas processing facility located in Gordondale, Alberta, and a product purchase and sale agreement for the sale of propane to AltaGas parties, including for delivery to AltaGas' proposed Ridley Island Propane Export Terminal.
  • 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.
  • Jinchang Energy Ltd. in its acquisition of Insignia Energy Ltd. for an undisclosed sum to consolidate assets in the Dixonville and Valhalla areas of Alberta.
  • Macquarie Group, as Canadian counsel, in the acquisition of Cargill Inc.’s North America power and gas business.
  • 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.
  • 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.
  • AltaGas Ltd. in its sale of the AltaGas Northcentral Processing Limited Partnership to Tidewater Midstream and Infrastructure Ltd.
  • AltaGas Ltd. in its strategic alliance with Painted Pony Petroleum Ltd. in connection with the development of gathering and processing facilities and other infrastructure required to connect northeastern British Columbia natural gas production and natural gas liquids with export markets, including related marketing agreements and its acquisition, on a private placement basis, of approximately $50M of common shares of Painted Pony.
  • Centrica plc in its agreement with Qatar Petroleum International (QPI), whereby Centrica contributed its existing Canadian natural gas business into the CQ Energy Canada Partnership, and QPI acquired an indirect 40% interest through the CQ Energy Canada Partnership by contributing an additional C$200M of equity in the partnership.
  • 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.
  • Orca LNG Ltd. in its joint venture and offtake arrangements, and regulatory requirements, in relation to its proposed West Coast floating LNG project.
  • MasTec, Inc., as Canadian counsel, in its acquisition of Big Country Energy Services Inc. and its affiliated operating companies for approximately US$103M in cash and assumption of approximately US$20M in debt.
  • EDF EN Canada Inc., a subsidiary of EDF Énergies Nouvelles, S.A., in its purchase agreement with Greengate Power Corporation and Enbridge Inc. to jointly acquire with Enbridge Inc. the 300 megawatt Blackspring Ridge Wind Project in Vulcan County, Alberta from Greengate Power Corporation.
  • AltaGas Ltd. in the formation of a limited partnership with Idemitsu Kosan Co. Ltd. to pursue opportunities involving exports of liquefied petroleum gas and liquefied natural gas from Canada to Asia.
  • China National Offshore Oil Company in its US$19.5B cash acquisition of Calgary-based Nexen Inc., including the assumption of debt.
  • Equal Energy Ltd. in its sale of petroleum and natural gas assets located in the Western Canadian Sedimentary Basin.