Luke Morrison is a leading commercial energy lawyer in Canada. Clients benefit from Luke's "attuned" and "dedicated, pragmatic" service approach, and his extensive experience in quarterbacking complex transactions involving oil and gas and power/renewable energy assets, particularly in the areas of:
• energy M&A/purchase and sale transactions,
• oil and gas insolvency and restructuring deals (commercial aspects),
• Indigenous equity ownership and joint venture/partnership transactions involving energy infrastructure, and
• mid- to large-scale energy project development matters.
Recognized as a leading Canadian energy practitioner by Lexpert and other publications, Luke has acted on a variety of landscape-shaping transactions in the oilpatch and the Canadian energy industry in the past two decades. His M&A activities include engagements for a variety of players, from small/mid-cap participants to international majors, state-owned companies and global funds/utilities. Luke has also acted as corporate commercial counsel on several landmark CCAA and receivership M&A transactions in the oilpatch since 2010.
Luke assists energy clients on a full spectrum of energy and agriculture project development matters, including co-ownership structuring (governance and ESG), construction, operations, commodity sale and transportation, and related transactions. He has developed specialized expertise in advising on new or emerging energy resource development projects (such as petrochemicals, helium, hydrogen, lithium, and geothermal) and the application of new energy technologies, such as blockchain and site/facility re-purposing.
A frequent contributor on energy contract law and energy M&A issues, Luke has presented for organizations such as the Canadian Bar Association, the Petroleum Joint Venture Association, Calgary Economic Development and the Canadian Association of Petroleum Landmen. He has also been featured in publications such as Canadian Lawyer and The Lawyer's Daily in relation to commercial energy issues, and is a member of a variety of energy industry associations, including the Canadian Energy Law Foundation and the Petroleum Acquisition and Divestiture Association.
Highlights of Luke's recent mandates include:
- Canadian Utilities in connection with the sale of its interest in Alberta PowerLine to TD Greystone/IST3 Infrastruktur Global and seven Indigenous communities in Alberta for approximately $300 million and the assumption of $1.4 billion of debt (shortlisted for Infrastructure & Projects Deal of the Year at the 2020 at Canadian Law Awards).
- First lien agent in the CCAA proceedings of Connacher Oil and Gas.
- PricewaterhouseCoopers as receiver in connection with the sale of multiple asset packages in the receivership proceedings of Trident Exploration Corp.
- ATCO as project developer of the largest off-grid solar and storage microgrid project in Canada (which supplies power to local Indigenous communities in Fort Chipewyan, Alberta).