Cenovus Energy, in connection with its acquisition of ConocoPhillips' Deep Basin conventional assets in Alberta and British Columbia and 50% interest in the FCCL Partnership

  • Date Announced: March 29, 2017
  • Date Closed: TBD
  • Deal Value: C$17.7 billion
  • Client Name: Cenovus

Bennett Jones acted as a lead legal advisor to Cenovus Energy Inc. in its C$17.7-billion acquisition of ConocoPhillips’ 50 percent interest in the FCCL Partnership, the companies’ jointly owned oil sands venture operated by Cenovus. Cenovus is also purchasing the majority of ConocoPhillips’ Deep Basin conventional assets in Alberta and British Columbia.

The Bennett Jones team was led by John Piasta (Partner, Calgary, Corporate/Commercial) and Pat Maguire (Partner, Calgary, Corporate/Commercial) and included:

  • Thomas McInerney, Partner, Calgary (Corporate/Commercial)
  • Beth Riley, Partner, Calgary (Corporate/Commercial, Competition)
  • Susan Seller, Partner, Toronto (Pensions & Benefits)
  • John Gilmore, Partner, Calgary (Employment)
  • Stephen Burns, Partner, Calgary (Intellectual Property)
  • Shawn Munro, Partner, Calgary (Regulatory)
  • Ashley White, Associate, Calgary (Corporate/Commercial)