On December 22, 2024, Westbrick Energy Ltd. entered into an arrangement agreement with Vermilion Energy Inc. whereby Vermilion agreed to acquire Westbrick for cash consideration of $1.075 billion. Under the terms of the arrangement Westbrick shareholders were provided with an option to receive share consideration, capped at $25 million in Vermilion Shares. The strategic acquisition was completed on February 26, 2025.
Vermilion Energy Inc., an oil and gas producer, focuses on the acquisition, exploration, development and optimization of producing properties in North America, Europe and Australia.
Westbrick Energy Ltd. engages in the exploration and development of oil and liquids-rich natural gas. Osler, Hoskin & Harcourt LLP advised Westbrick Energy Ltd. with a team consisting of Andrea Whyte, Justin Sherman, Craig Spurn, Mike Pede, Callan Kimber, Ana Cherniak-Kennedy and Jasleen Sahota (Corporate), Colena Der (Tax), Kaeleigh Kuzma (Competition) and Tris Mallett (Litigation).
Key Contact
Partner, Corporate, Calgary
Team
Partner, Corporate, Calgary
Partner, Corporate, Calgary
Associate, Corporate, Calgary
Associate, Corporate, Calgary
Associate, Corporate, Calgary
Associate, Corporate, Calgary
Partner, Tax, Calgary
Partner, Competition/Antitrust and Foreign Investment, Calgary
Partner, Disputes, Calgary
