Wayne Fedun has practised oil & gas law in Canada and internationally since 1992. He has prepared and negotiated a variety of energy industry agreements, including share purchase agreements, asset purchase and sale agreements, joint venture agreements, project development and finance agreements, facility agreements, EPC agreements, transportation, processing and marketing agreements and offshore project agreements. These agreements have related to individual transactions and projects valued at up to several billion dollars, and have involved conventional energy matters, large and complex transactional arrangements, heavy oil and oil sands projects, large midstream transactions, LNG projects, carbon capture and storage projects, gas storage arrangements, transportation and processing arrangements and offshore drilling and production projects. In 2020, Wayne was recommended by The Canadian Legal Lexpert Directory in Corporate Commercial Law and Energy (Oil & Gas), ranked by Acritas Stars as an “Independently rated lawyer,” The Legal 500 Canada: Energy: Oil & Gas (Leading Lawyer), The Best Lawyers in Canada: Energy Law, Oil & Gas Law, Chambers Canada, Nationwide: Oil & Gas (Transactional), and Chambers and Partners.
Capital Power Corporation completed its acquisition of Goreway Power Station Holdings Inc., which owns the Goreway Power Station, from JERA Co., Inc. (JERA) and Toyota Tsusho Corporation for a total of $977 million.
On August 18, 2016, Paramount Resources Ltd. (Paramount) completed the sale of oil and gas assets in the Musreau/Kakwa area of west-central Alberta to Seven Generations Energy Ltd. (Seven Generations) for total consideration of approximately $2.1 billion.
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.
Encana Corporation completed the sale of certain Clearwater assets, located in southern and central Alberta, to Ember Resources Inc. for a purchase price of approximately $605 million, before adjustments.