SemCAMS Midstream ULC

SemCAMS Midstream in its $1.3 billion agreement with Keyera to build Canadian Liquids Pipeline System.

Client

SemCAMS Midstream ULC

Value

$1.3 billion

Date Closed

Industry

Energy (Oil & Gas)

Lead Office

Calgary


On May 14, 2019 SemCAMS Midstream ULC and Keyera Corp. entered into an asset joint venture to build a natural gas liquids (“NGL”) and condensate pipeline system. This will link northwestern Alberta’s liquid-rich Montney and Duvernay production areas to the fractionation and condensate hubs located in Fort Saskatchewan, Alberta. This pipeline system will increase in production, it will also serve as an additional and alternative transportation solution. This pipeline provides producers additional and alternative transportation solutions to meet growing production and is supported by long-term contracts with significant take-or-pay commitments.

SemCAMS Midstream ULC is a gathering and processing business that provides midstream solutions from the wellhead to the wholesale market place in Western Canada. SemCAMS owns and operates six gas processing plants in Western Canada and is one of Alberta’s largest licensed gas processors.

Keyera Corp. operates an integrated Canadian-based midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions.

Osler, Hoskin & Harcourt LLP advised SemCAMS Midstream ULC with a team consisting of Craig Spurn, Aqeel Virk and Carson Wetter (Energy), Andrea Whyte, Justin Sherman and Courtney Bohn (Corporate), Edward Rowe and Colena Der (Tax), Shawn Denstedt and Mark Graham (Regulatory), Lorne Carson and Allan Morgan (Banking and Finance), Peter Glossop and Jamie Auron (Competition).


Team
Craig Spurn
Key Contact

Craig Spurn

Partner, Corporate

Aqeel Virk

Aqeel Virk

Associate, Energy

Carson completed his J.D. program at the University of Saskatchewan...

Carson Wetter

Associate, Corporate (Energy)

Andrea  Whyte

Andrea Whyte

Partner, Corporate

Justin Sherman

Justin Sherman

Associate, Corporate

Edward Rowe

Edward Rowe

Partner, Taxation

Colena Der

Colena Der

Partner, Taxation

Shawn  Denstedt Q.C.

Shawn Denstedt Q.C.

Vice Chair, Western Canada

Mark Graham

Mark Graham

Associate, Regulatory, Environmental, Aboriginal & Land

Lorne  Carson

Lorne Carson

Partner, Corporate

Allan Morgan

Allan Morgan

Associate, Corporate

Peter Glossop - Foreign Investment Lawyer

Peter Glossop

Partner, Competition/Antitrust & Foreign Investment

Jaime Auron

Jaime Auron

Associate, Competition/Antitrust & Foreign Investment