Recent Experience
A subsidiary of Suncor Energy, together with co-purchasers Husky Atlantic Partnership (a subsidiary of Cenovus Energy Inc.) and Murphy Oil Company Ltd., in the restructuring of project ownership for the offshore Terra Nova Project in Newfoundland through the acquisition of additional project interests from exiting owners for an undisclosed purchase price.
An Ontario-based investor in the $54.9-million sale of certain pipeline and related assets located in British Columbia.
North West Redwater Partnership in a consent solicitation from $6.35-billion of bonds for a substantially revised and amended Trust Indenture, a $2.6-billion four tranche bond issuance, an amendment of the Partnership's $3.5-billion senior secured credit facilities, amendments to the Processing Agreements backstopping the economics of the Refinery, a transfer of partnership units from North West Refining Inc. to Alberta Petroleum Marketing Commission and substantial amendments to the governance structure of the Partnership.
North West Redwater Partnership in the $480-million transfer of 50% ownership of the North West Redwater Partnership to Alberta Petroleum Marketing Commission as part of a contractual, economic and governance restructuring of the Sturgeon Refinery.
MEG Energy Corp., in its private placement of US$1.2-billion aggregate principal amount of 7.1250% senior unsecured notes due 2027 in the United States and Canada.
CSV Midstream Solutions, in its $470-million acquisition of Paramount Resources Ltd's Karr 6-18 natural gas facility and related midstream assets.
Gibson Energy Inc., with its $3-billion short-form base shelf prospectus filing.
Decarbonization Plus Acquisition Corporation IV, a SPAC sponsored by Riverstone Holdings LLC, in its $1.39-billion business combination with Hammerhead Resources Inc., to form a publicly-traded upstream oil and gas company with a path toward achieving net zero emissions.
Parkland Fuel Corporation, in its US$500million cross-border offering of senior notes.
Velvet Energy Ltd., in its acquisition of Iron Bridge Resources Inc. by way of takeover bid.
The acquisition by International Petroleum Corporation of BlackPearl Resources Inc. (with an estimated enterprise value of approximately $675 million) by way of a share exchange pursuant to a plan of arrangement under the Canada Business Corporations Act.
Eagle Energy Inc., in the sale of its oil and gas assets in Twining, Alberta to Barnwell of Canada, Limited and Octavian Oil Ltd.
Japan Canada Oil Sand Limited, in the sale of all of its Hangingstone Demo Project assets to Greenfire Hangingstone Operating Corporation.
ATCO, in its $450-million acquisition of a 40% interest in Neltume Ports S.A.
Parkland Fuel Corporation completes US$500-million note offering.
Veresen Midstream Limited Partnership closes restatement of credit facilities in the aggregate amount of $2,775,000,000.
Schlumberger Production Management, on the purchase of the Palliser Block assets in Alberta from Cenovus Energy Inc. for cash consideration of $1.3 billion.
Canadian Natural Resources Limited, in completing $12.74-billion acquisition of a 70 percent working interest in the Athabasca Oil Sands Project and other oil sands assets.
North West Redwater Partnership, completes dual-tranche issuance of $1,500,000,000 aggregate principal amount of senior secured bonds.
Vesta Energy Corp., in a $295-million equity financing co-led by energy private equity firms Riverstone Holdings, LLC and JOG Capital Corp.
Bennett Jones