Shell Canada Limited, through its wholly owned subsidiary BRS Gas Corp., commenced a $5.24 billion offer on July 17, 2008 for all of the issued and outstanding common shares (including common shares issuable upon the exercise of any options) in the capital of Duvernay Oil Corp. Goldman, Sachs & Co. acted as financial advisor to Shell Canada. Peters & Co. Limited acted as financial advisor to Duvernay.
In connection with the acquisition, Shell Canada settled the outstanding credit facilities of Duvernay, increasing the transaction value to approximately $5.88 billion.
Shell Canada was represented in-house by Shannon L. Cosmescu, associate general counsel-corporate, and by Osler, Hoskin & Harcourt LLP. The Osler team was led by Stan Magidson and Neal Ross, and included Jessica LaCroix and Brent Robinson (corporate); Stan Ebel (Canadian tax); Janice Buckingham and Simon Baines (energy); Ryan Rodier (environmental and regulatory); Peter Glossop and Kevin Ackhurst (Investment Canada and competition); Damian Rigolo and Cheryl Rea (employment and benefits) and John McGee (real estate). Rob Lando (corporate) and Paul Seraganian (US tax) of Osler's New York office provided US legal advice to Shell Canada.
Duvernay was represented by Burnet, Duckworth & Palmer LLP's William S. Maslechko and James Kidd (corporate); David Ross (tax); Alicia Quesnel (oil & gas) and Jody Wivcharuk (competition).
In connection with the acquisition, Shell Canada settled the outstanding credit facilities of Duvernay, increasing the transaction value to approximately $5.88 billion.
Shell Canada was represented in-house by Shannon L. Cosmescu, associate general counsel-corporate, and by Osler, Hoskin & Harcourt LLP. The Osler team was led by Stan Magidson and Neal Ross, and included Jessica LaCroix and Brent Robinson (corporate); Stan Ebel (Canadian tax); Janice Buckingham and Simon Baines (energy); Ryan Rodier (environmental and regulatory); Peter Glossop and Kevin Ackhurst (Investment Canada and competition); Damian Rigolo and Cheryl Rea (employment and benefits) and John McGee (real estate). Rob Lando (corporate) and Paul Seraganian (US tax) of Osler's New York office provided US legal advice to Shell Canada.
Duvernay was represented by Burnet, Duckworth & Palmer LLP's William S. Maslechko and James Kidd (corporate); David Ross (tax); Alicia Quesnel (oil & gas) and Jody Wivcharuk (competition).
Lawyer(s)
Neal P. Ross
Damian J. Rigolo
Alicia K. Quesnel
John E. McGee
Jody L. Wivcharuk
Jessica LaCroix
Kevin D. Ackhurst
Simon C. Baines
Stan Magidson
Peter L. Glossop
Robert C. Lando
William S. Maslechko
Shannon L. Cosmescu
James L. Kidd
Janice Buckingham
Brent M. Robinson
Ryan V. Rodier
Cheryl Rea
Paul Seraganian
Stanley R. Ebel
David W. Ross
Firm(s)
Osler, Hoskin & Harcourt LLP
Burnet, Duckworth & Palmer LLP