855 2nd St SW, Suite 4500, Bankers Hall E, Calgary, AB
Year called to bar: 1998 (AB)
Ben advises energy companies on complex commercial matters across Canada, the United States and internationally, helping clients structure and execute transactions, manage risk and advance projects with confidence. His practice spans an array of energy related business areas, including asset acquisitions and divestitures, mergers and joint ventures, transportation and processing arrangements, project development and the legal oversight of day-to-day operational and commercial matters as well as the structuring and placement of investments into the Canadian energy sector by US and other non-Canadian clients, both strategic and financial.
On May 28, 2019, TC Energy Corporation announced that it entered into an agreement to sell an 85 per cent equity interest in Northern Courier Pipeline to Alberta Investment Management Corporation
NuVista Energy Ltd. (TSX: NVA) NuVista successfully completed its previously announced acquisition of assets in the Pipestone area of Northwest Alberta from Cenovus Energy Inc. on September 6, 2018.
On January 5, 2018, International Petroleum Corporation (IPC) closed the previously announced acquisition of oil & natural gas assets in the Suffield and Alderson areas of southern Alberta from Cenovus Energy Inc. (Cenovus), an integrated Canadian oil company, for $512 million plus additional deferred contingent amounts of up to $36 million.
On October 18, 2017, Schlumberger Production Management (SPM), along with Torxen Energy, entered into a definitive agreement for the purchase of the Palliser Block assets located in Alberta from Cenovus Energy Inc., an integrated Canadian oil company, for cash consideration of $1.3 billion. The deal closed on December 7, 2017.
On July 18, 2016, Cheung Kong Infrastructure Holdings Limited (CKI), a Hong Kong-based global infrastructure company that holds diversified investments in energy infrastructure, transportation infrastructure, water infrastructure, waste management, and waste-to-energy and infrastructure-related business, and Power Assets Holdings Limited (PAH), a Hong Kong-based global investor in power and utility-related businesses with investments in electricity generation, transmission and distribution, renewable energy, and energy from waste and gas distribution, completed their $1.7-billion acquisition of 65-per-cent indirect ownership interest in select heavy oil pipeline and storage assets from Husky Energy (Husky) in Alberta and Saskatchewan, and related joint-venture, financing and commercial arrangements.
PrairieSky Royalty (PrairieSky) completed its acquisition of Range Royalty Limited Partnership (Range Royalty), a private oil and gas royalty company, pursuant to a plan of arrangement. With closing of the transaction, PrairieSky acquired approximately 3,000 barrels of oil equivalent of royalty production and 3.5 million acres of royalty lands
Encana Corporation closed the disposition of its Bighorn assets in Alberta to Jupiter Resources Inc. for approximately $2 billion, on September 30, 2014. The sale included approximately 360,000 acres of land and Encana's working interests in pipelines, facilities and service arrangements related to the Bighorn properties.
