The American Lawyer reports on Cenovus Energy's $17.7-billion acquisition that establishes anchor position in two of Canada’s most attractive oil and gas plays. Bennett Jones is a lead legal advisor to Cenovus. The company has agreed to acquire 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.
