• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • EN | FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Capital Projects Energy Funds & Finance Mining View all
Advisory
Crisis & Risk Management ESG Strategy and Solutions Governmental Affairs & Public Policy
View Client Work
International Experience
Insights News Events New Energy Economy Series
Business Law Talks Podcast Economic Outlook Class Actions: Looking Forward Quarterly M&A Insights
ESG & the CIO Subscribe
People
Practices
Industries
Advisory Services
Client Work
About
Offices
News
Careers
Insights
Law Students
Events
Search
Alumni
Payments
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Schlumberger/Torxen Purchase Cenovus Assets

October 18, 2017

On October 18, 2017, Schlumberger Production Management (SPM), along with Torxen Energy, entered into a definitive agreement for the purchase of the Palliser Block assets in Alberta from Cenovus Energy Inc., an integrated Canadian oil company, for cash consideration of $1.3 billion.

Under the agreement, which is subject to customary closing conditions, SPM will be the majority non-operating owner, with the rights to exclusive service provision, and Torxen will be the operator.  The oil-focused development strategy includes a multiyear drilling program of more than 1,600 oil wells starting in 2018.

Bennett Jones LLP was counsel to SPM, with a team lead by Don Greenfield and including Susan Seller, Greg Johnson, Adam Kalbfleisch, Vivek Warrier, Jana Prete, Christine Plante, Jeremy Russell, Kyla Stott-Jess, Kevin Myson, Kyle Donnelly, Megan Bertram, Tim Myers and Dana Kiefer.

Key Contacts

  • Susan G. Seller Susan G. Seller, Partner
  • Greg M. Johnson Greg M. Johnson, Partner
  • Adam  Kalbfleisch Adam Kalbfleisch, Partner
  • Jeremy A.J. Russell Jeremy A.J. Russell, Partner
  • Kevin  Myson Kevin Myson, Partner
  • Kyle H. Donnelly Kyle H. Donnelly, Partner
  • Megan J. Ollivier Megan J. Ollivier, Partner
  • Tim  Myers Tim Myers, Partner

A Pivotal Moment: Fintech in Canada Q1 2023

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Employment Services
  • Energy
  • Energy Regulatory
  • Mergers & Acquisitions
  • Oil & Gas
  • Tax

Recent Posts

Updates

Class Actions: Looking Forward 2023

June 01, 2023
       

Speaking Engagements

Advising Tech-Enabled Startup Companies

May 30, 2023
       

Articles

U.S. and Canadian Cross-Border Transactions: U.S. Governing Law and Unique Deal Terms

May 29, 2023
       

Speaking Engagements

Building B.C.'s ESG Advantage

May 26, 2023
       

Articles

ESG: A Catalyst for Economic Development

May 25, 2023
       

In The News

Decarbonizing the Economy in Canadian Infrastructure

May 24, 2023
       

In The News

Rising Costs, Supply Issues and the Need for Skilled Labour in Infrastructure

May 24, 2023
       

In The News

Will Osler Joins Launch of Official Boot of Calgary Stampede

May 24, 2023
       

In The News

Striking the Balance Between Price Stability and Financial Stability

May 19, 2023
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
  • History
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2023. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones