Shell Canada Limited

Shell Canada Limited, in its sale of strategic assets to Tourmaline Oil Corp. for $1.369 billion

Client

Shell Canada Limited

Value

$1.369 billion

Service

Mergers and Acquisitions

Date Closed

November 2016

Industry

Energy (Oil & Gas)

Lead Office

Calgary


 

On November 30, 2016, Shell Canada Limited completed its previously announced agreement with Tourmaline Oil Corp. to sell strategic assets located in the Alberta Deep Basin and northeast BC Montney Complex for $1.369 billion.

Osler represented Shell Canada Limited with a team led by Simon Baines and includes Neal Ross, Kate Royer and Justin Sherman (M&A).


Team
Neal  Ross

Neal Ross

Partner, Corporate

Justin Sherman

Justin Sherman

Partner, Corporate