Encana Corporation closed the disposition of its Bighorn assets in Alberta to Jupiter Resources Inc. for approximately $2 billion, on September 30, 2014. The sale included approximately 360,000 acres of land and Encana's working interests in pipelines, facilities and service arrangements related to the Bighorn properties.
Encana is a leading North American energy producer of natural gas, oil and natural gas liquids. Jupiter is a private oil and gas exploration, production and development company, headquartered in Calgary.
Encana was represented in-house by Bill MacGillivray, Associate General Counsel and Danielle Parrotta, Legal Counsel and by Burnet, Duckworth & Palmer LLP with a team that included Alicia Quesnel (commercial, competition/Investment Canada); Stuart Money (commercial); Gina Ross (employment); Shannon Gangl (securities) and Evan Dixon (regulatory).
Jupiter was represented by Blake, Cassels & Graydon LLP with a team that included Ben Rogers, Chris Harris and Christine Yick (energy); Julie Soloway (regulatory); Nick Tropak (financial services) and Nancy Diep (tax).