Murphy Oil Canada and Baytex Energy complete sale of Peace River assets

On January 20, 2017, Murphy Oil Canada (Murphy) completed the sale of Peace River heavy oil lands in the Peace River Oilsands Area (Greater Seal Area) to Baytex Energy Ltd. (Baytex) for consideration in the amount of $65 million. 

Murphy was represented in-house by Mike Jackson (Sr. Attorney) and Bennett Jones LLP by a team led by Kieran Ryan and including Vivek Warrier and Megan Bertram (oil & gas) and John Batzel (employment). 

Baytex was represented in-house by James Maclean (Sr. Legal Counsel) and assisted by Sean Korney (oil & gas) and Stuart Money (title) of Burnet, Duckworth & Palmer LLP.

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