Encana and Mitsubishi Enter $2.9B Partnership for Development of Cutbank Ridge

Encana Corporation (“Encana”) and Mitsubishi Corporation (“Mitsubishi”) finalized an agreement whereby Mitsubishi acquired a 40 per cent interest in the Cutbank Ridge Partnership, which holds undeveloped Montney-formation natural gas lands in Encana's Cutbank Ridge resource play in northeast British Columbia, for approximately $2.9 billion.

Encana is a leading North American natural gas production company based in Calgary. Mitsubishi is a global integrated business enterprise that develops and operates businesses across many industries including industrial finance, energy, metals, machinery, chemicals, foods and environmental business.

Encana was represented in-house by Terry Hopwood, Executive VP & General Counsel, Danielle Parrotta, Legal Counsel, Graham Baugh, VP & Associate General Counsel, and Keith McClellan, Associate General Counsel and by Burnet, Duckworth & Palmer LLP with a team led by Alicia Quesnel (energy) and including Mark Houston, Jody Wivcharuk, Carolyn Wright, Hazel Saffery and Justin Jensen (energy) and James Swanson (intellectual property).

Mitsubishi was represented in-house by Justen Fleming and Yuko Endo and by Bennett Jones LLP with a team led by Patrick Maguire (oil & gas) and including Angus Mitchell and Donald Greenfield (oil & gas); Denise Bright (corporate commercial); Darcy Moch (tax); Krishna Koul, Kieran Ryan, Tariq Remtulla and Kimberly Kapesi-Miller (energy, corporate) and Stephen Burns (intellectual property).


Krishna P. Koul Tariq Remtulla G. Graham Baugh Jody L. Wivcharuk Carolyn A. Wright Alicia K. Quesnel Patrick T. Maguire James T. Swanson Denise D. Bright Stephen D. Burns Donald E. Greenfield Mark T. Houston Angus B. Mitchell Darcy D. Moch Danielle Parrotta Keith S. McClelland Kieran F. Ryan


Burnet, Duckworth & Palmer LLP Bennett Jones LLP