Headwater Exploration Inc. acquisition of assets from Cenovus Energy

On Dec. 2, 2020, Headwater Exploration Inc. (Headwater) and Cenovus Energy Inc. (Cenovus) announced the closing of the acquisition by Headwater of Cenovus’s assets in the Marten Hills area of Alberta for $100 million.

Burnet, Duckworth & Palmer LLP advised Headwater with a team including
Ted Brown (corporate),
Carolyn Wright (energy),
Bronwyn Inkster (corporate),
Brittney LaBranche (energy),
Tasha Wood (energy),
Braeden Pivnick (corporate).

Dentons Canada LLP advised Cenovus with a team including
George Antonopoulos (energy),
Nicole Bacsalmasi (corporate),
Hazel Saffrey (energy),
Mauryah McLaughlin (energy),
Simon Kupi (competition),
Matthew Potts (energy),
Raveena Benipal (corporate).