Sinopec International Petroleum Exploration and Production Acquires ConocoPhillips's Interest in Syncrude JV

On June 25, 2010, wholly owned subsidiaries of Sinopec International Petroleum Exploration and Production Corporation (“SIPC”), itself a wholly owned subsidiary of China Petrochemical Corporation, acquired all of ConocoPhillips's interests in a partnership holding a 9.03 per cent interest in the Syncrude Joint Venture for cash consideration of US$4.65 billion.

SIPC was represented in-house by its legal team led by Lu Yongjun, Deputy Director and included Gao Fawei and Huang Peihuang and by Blake, Cassels & Graydon LLP, with a team that included Michael Laffin, Robert Kwauk, Jana Prete, Melissa Zerebeski, Taryn Petrovich and Julia Hughes (oil and gas and corporate/commercial); Calvin Goldman, Jason Gudofsky, Angie Morris and Prakash Narayanan (competition and foreign investment); Duff Harper (environment) and Monica Sharma (intellectual property).

ConocoPhillips was represented in-house by Graham Vanhegan and Angela Avery and by Osler, Hoskin & Harcourt LLP, with a team that included Janice Buckingham, Jack Thrasher, QC, Cheryl Kelly, Daniel Dubois (energy and corporate/commercial) and Peter Glossop and Kaeleigh Kuzma (competition and foreign investment).


Kaeleigh Kuzma Calvin S. Goldman Peter L. Glossop Graham Vanhegan Robert Kwauk Janice Buckingham Melissa Zerebeski Angie L. Morris Monica Sharma Daniel Dubois Jana Prete Julia Hughes Stadnyk Angela R. Avery Jason L. Gudofsky R.J. (Jack) Thrasher Prakash Narayanan Michael J. Laffin Cheryl Kelly Dufferin R. Harper