Encana Corporation (“Encana”) and Toyota Tsusho Wheatland Inc., a subsidiary of Toyota Tsusho Corporation (“Toyota”), entered into a joint venture whereby Toyota will invest $602 million to acquire a 32.5 per cent royalty interest in natural gas production from a portion of Encana's coalbed methane resource play in Horseshoe Canyon in southern Alberta. The agreement includes production from a total of approximately 5,500 existing wells and potential future drilling locations in southern Alberta.
Encana was represented by Burnet, Duckworth & Palmer LLP with a team that included John Cuthbertson, Mark Houston, Stuart Money and Hazel Saffery.
Toyota was represented by McCarthy Tétrault LLP with a team that included Craig Spurn, Keith Byblow and Chris McLelland and by Baker & McKenzie LLP with a team that included Louis Davis, Chris Besant, Jonathan Curth, Alan Diner, Cheryl Elliott, Arlan Gates, Nancy Hamzo, Grant Hannessian, Jeremy Hann, Alex Roberts, Lydia Salvi and Frank Spizzirri.
Encana was represented by Burnet, Duckworth & Palmer LLP with a team that included John Cuthbertson, Mark Houston, Stuart Money and Hazel Saffery.
Toyota was represented by McCarthy Tétrault LLP with a team that included Craig Spurn, Keith Byblow and Chris McLelland and by Baker & McKenzie LLP with a team that included Louis Davis, Chris Besant, Jonathan Curth, Alan Diner, Cheryl Elliott, Arlan Gates, Nancy Hamzo, Grant Hannessian, Jeremy Hann, Alex Roberts, Lydia Salvi and Frank Spizzirri.
Lawyer(s)
Jeremy Hann
Lydia Salvi
Craig N. Spurn
Alex C. Roberts
Nancy Hamzo
Chris W. McLelland
Arlan Gates
Keith R. Byblow
J. Stuart Money
John H. Cuthbertson
Cheryl J. Elliott
Alan S. Diner
Frank Spizzirri
Mark T. Houston