Canadian Natural Resources Acquires Chesapeake Canada for $250M

Canadian Natural Resources Limited, one of Canada’s largest independent oil and gas producers, has acquired all shares of Chesapeake Canada Corporation, a wholly owned subsidiary of Chesapeake Energy Corporation, for $232 million, plus working capital. The deal closed on October 1, 2001.

Canadian Natural was represented by John H. Cuthbertson, Miles F. Pittman, Darwin A. Schofer, Jason R. Bilinsky, Alicia K. Quesnel and Jody L. Wivcharuk (competition) and John A. Brussa (tax), all of Burnet, Duckworth & Palmer LLP. Blake, Cassels & Graydon LLP represented Chesapeake, with a team including Brock Gibson, Mungo Hardwicke-Brown, Chris A. Christopher, Gerald Deyell (competition) and Ron Mar (tax).


Mungo Hardwicke-Brown Gerald M. Deyell Jay P. Reid John H. Cuthbertson Alicia K. Quesnel Miles F. Pittman Jason R. Bilinsky Brock W. Gibson John A. Brussa Jody L. Wivcharuk Darwin A. Schofer Ron Mar Chris Christopher


Burnet, Duckworth & Palmer LLP Blake, Cassels & Graydon LLP