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ConocoPhillips
ConocoPhillips in its acquisition of the remaining Surmont interest from TotalEnergies EP Canada Ltd. for approximately $3.7 billion
*Prior to joining Osler:
*Repsol Oil & Gas Canada Inc. in a series of four divestitures of certain upstream oil and gas assets in the Chauvin, Montney, South Duvernay and North Duvernay regions of Alberta for aggregate proceeds in excess of $600MM cdn.
*A royalty portfolio company in the development and implementation of a complex drill fund and reverse farmout structure pursuant to which they entered into arrangements with producers to incentivize the development of their proprietary lands.
*A subsidiary of Suncor Energy, together with co-purchasers Husky Atlantic Partnership (a subsidiary of Cenovus Energy Inc.) and Murphy Oil Company Ltd., in the restructuring of project ownership for the offshore Terra Nova Project in Newfoundland through the acquisition of additional project interests from exiting owners for an undisclosed purchase price.
*An Ontario-based investor in the $54.9-million sale of certain pipeline and related assets located in British Columbia.
*Heritage Royalty in its $728-million sale of certain Western Canadian royalty assets, including 1.9 million acres of royalty lands throughout Alberta, Saskatchewan and Manitoba, to PrairieSky Royalty.
*OPTrust, in connection with the formation and limited recourse financing of a partnership with six Alberta First Nations which in turn participated in the equity syndication and project financing of the $1.5-billion Cascade Power Project to be developed near Edson, Alberta and operated by Calgary based developer Kineticor. This equity investment marks the first transaction supported by the Alberta Indigenous Opportunities Corporation (AIOC), who provided a loan guarantee supporting the credit and financing arrangements between ATB, OPTrust, Kineticor and the First Nations consortium which ultimately facilitated the equity participation by Indigenous communities in the Cascade project.
*Schlumberger Production Management, on the purchase of the Palliser Block assets in Alberta from Cenovus Energy Inc. for cash consideration of $1.3 billion.
*Murphy Oil Company Ltd., in its $486-million light oil purchase from and joint venture with affiliates of Athabasca Oil Corporation.
*Ontario Teachers' Pension Plan, in the $3.3-billion acquisition of Heritage Royalty Limited Partnership, a former subsidiary of Cenovus Energy Inc. holding a broad portfolio of oil and gas royalties in Western Canada.
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