Patrick McNally

Patrick McNally Associate

Representative Work
  • TransAlta Corporation in connection with the renewal of its C$2B shelf prospectus.
  • TriSummit Utilities Inc. in its issuance of C$100M aggregate principal amount of senior unsecured medium-term notes.
  • AltaGas Canada Inc. in connection with its C$1.7B acquisition by the Public Sector Pension Investment Board and the Alberta Teachers' Retirement Fund Board.
  • 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 Canada Inc. in its initial public offering of common shares for aggregate gross proceeds of approximately C$239M, which includes AltaGas Ltd.'s Canadian utilities and certain renewable power assets in Canada.
  • Gran Tierra Energy Inc. in its US$300M private placement of 7.75% senior notes due 2027.

  • 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.
  • Citi and Credit Suisse, as initial purchasers, in the US$320M offering by Canacol Energy Ltd. of 7.25% senior unsecured notes.
  • AltaGas Canada Inc. in the establishment of its medium term note program and subsequent offerings of medium term notes.
  • Gran Tierra Energy Inc. in its high yield debt offering of US$300M of 6.25% senior unsecured notes due 2025.
  • AltaGas Ltd. in the C$165M sale of Canadian midstream and power assets to Birch Hill Equity Partners Management Inc.
  • Source Energy Services Ltd. in its concurrent C$28M bought deal offering of common shares and C$65M private placement of common shares. 
  • EV Private Equity in its investment in Evolution Engineering Inc.
  • Equity Group Investments in its indirect investments into ILTA Grain Inc., a leading originator, processor and exporter of pulse crops from Canada.
  • Source Energy Services Canada LP and Source Energy Services Canada Holdings Ltd. in their high yield debt offering consisting of a private placement of C$130M aggregate principal amount of 10.5% senior secured first lien notes due 2021.
  • Source Energy Services Ltd. in its C$175M initial public offering.
  • Gran Tierra Energy Inc. in its US$525M acquisition of PetroLatina Energy Ltd., a private exploration and production company, with assets located primarily in Colombia, and concurrent private placement offering of subscription receipts to partially fund the transaction for aggregate gross proceeds of 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.
  • Xtreme Drilling and Coil Services Corp. in its $205M sale to two affiliated companies of Schlumberger Limited of its XSR Coiled Tubing Services Segment.
  • Gran Tierra Energy Inc. in its C$136M acquisition of Petroamerica Oil Corp. by way of plan of arrangement.
  • AGT Food and Ingredients Inc. in the $22M purchase of car loading sites from West Central Road and Rail.
  • Hokuetsu Kishu Paper Co., Ltd., as Canadian counsel, in its C$75M acquisition of Alpac Forest Products Incorporated and Alpac Pulp Sales Inc. from Mitsubishi Corporation and Oji Holdings Corporation.
  • Legacy Oil + Gas Inc. in its C$1.5B sale to Crescent Point Energy Corp.
  • TriWest Capital Partners in the $172M sale of Gardewine Group Limited Partnership to Mullen Group Ltd.
  • Seven Generations Energy Ltd. in its C$931.5M initial public offering.
  • Syndicates of underwriters in Pembina Pipeline Corporation’s multiple bought deal offerings of common shares, preferred shares and medium term notes.
  • Caracal Energy Inc. in its C$1.5B acquisition by a wholly-owned subsidiary of Glencore Xstrata Plc.
  • 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.
  • AltaGas Idemitsu Joint Venture Limited Partnership in its C$880M acquisition of a two-thirds ownership interest in Petrogas Energy Corp.
  • Caracal Energy Inc., in connection with its non-offering prospectus and its listing on the London Stock Exchange.
  • FMC Technologies, Inc. in its C$282M acquisition of Pure Energy Services Ltd.