Oil and Gas Oil and Gas

The syndicate of agents and underwriters in connection with Keyera Corp.'s $1-billion senior notes and $604-million bought deal equity offerings

On June 22, 2026, Keyera Corp. completed its offering of $1-billion aggregate principal amount of senior unsecured notes (the notes) on a private placement basis and a bought deal public offering of approximately $604 million of common shares. The underwriters elected to exercise the...

Lead Office: Calgary Date Closed: June 22, 2026 Value: $1.6 billion

Enbridge Inc. in its $1-billion notes offering

Acting for a syndicate of agents led by CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc. as joint lead underwriters, in connection with Enbridge Inc.’s $1-billion offering of hybrid notes. Osler, Hoskin & Harcourt LLP advised a syndicate of...

Lead Office: Calgary Date Announced: September 15, 2025 Value: $1 billion

Enbridge Gas Inc. in its $800-million Notes Offering

Acting for a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc. and RBC Dominion Securities Inc. as joint lead agents, in connection with Enbridge Gas Inc.’s $800-million offering of medium-term notes. Osler, Hoskin & Harcourt LLP advised...

Lead Office: Calgary Date Announced: September 10, 2025 Value: $800 million

Westbrick Energy Ltd. in its $1.1-billion acquisition by Vermilion Energy Inc.

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...

Lead Office: Calgary Date Announced: December 22, 2022 Value: $1.1 billion

M3-Brigade Acquisition III Corp. and Brigade Capital in the sale of its equity interests in Greenfire Resources to Waterous Energy

On December 23, 2024, M3-Brigade Acquisition III Corp. and Brigade Capital announced its sale of its equity interests in Greenfire Resources to Waterous Energy for an aggregate purchase price of US$81,853,033.15. M3-Brigade Acquisition III Corp. is a special purpose acquisition company...

Lead Office: Toronto Date Announced: December 23, 2024 Value: US$81.8 million

Chevron Canada Limited on the sale of its interest in the Athabasca Oil Sands Project and the Kaybob Duvernay Shale Gas Project to Canadian Natural Resources Limited for US$6.5 billion

On October 7, 2024, Chevron Canada Limited announced its sale to Canadian Natural Resources Limited of Chevron’s 20% interest in the Athabasca Oil Sands Project and 70% interest in the Kaybob Duvernay Shale Gas Project, as well as certain other oil sands and petroleum and natural gas rights...

Lead Office: Calgary Date Announced: October 7, 2024 Value: $6.5 billion

Surge Energy Inc. in its Inaugural $175 Million Senior Unsecured Notes Offering

On August 24, 2024, Surge Energy announced its inaugural offering of $175 million of 8.500% senior unsecured notes due 2029. This offering's underwriters are National Bank Financial Markets and BMO Capital Markets as joint bookrunners, in a syndicate which includes ATB Capital Markets as joint...

Lead Office: Toronto Date Announced: August 24, 2025 Value: $175 million

Canada Growth Fund in connection with its strategic partnership with Gibson Energy and Varme Energy

On July 11, 2024, Canada Growth Fund Inc., Gibson Energy Inc. and Varme Energy Inc. announced a strategic partnership to accelerate the development of Canada’s first waste-to-energy facility with carbon capture technology. The proposed facility would be constructed though the partnership and...

Lead Office: Calgary Date Announced: July 11, 2024 Value: --

Cedar LNG announces positive final investment decision (FID) on Cedar LNG Project, a landmark US$3.4B initiative

On June 25, 2024, Cedar LNG announced a positive final investment decision on the Cedar LNG Project, a floating liquefied natural gas facility located in the traditional territory of the Haisla Nation, on Canada’s West Coast. This project, valued at approximately US$3.4B with a nameplate...

Lead Office: Vancouver Date Announced: June 25, 2024 Value: US$3.4 billion

ConocoPhillips in its acquisition of the remaining Surmont interest from TotalEnergies EP Canada Ltd. for approximately $3.7 billion

On October 4, 2023, ConocoPhillips closed the acquisition of the remaining 50% interest in the Surmont oilsands project (“Surmont”) from TotalEnergies EP Canada Ltd. for approximately $3.7 billion plus contingent payments of up to $0.4 billion. The transaction gives...

Lead Office: Calgary Date Closed: October 4, 2023 Value: $3.7 billion