Hazel Saffery (She/Her/Hers) is a partner in our Energy group and has extensive experience in both the oil and gas industry and the power industry. Based in Calgary, Hazel advises clients on energy acquisitions and divestures, corporate transactions and the development of independent power projects (including renewables and cogeneration projects). She has acted for producers (oil & gas) and generators, midstreamers, power developers, power offtakers and service providers in a wide range of natural resource projects both in Canada and internationally. Hazel specializes in complex joint venture, partnership and operation agreements with a particular focus on Western Canadian Sedimentary Basin oil and gas clients. Her natural resources experience often includes the negotiation of purchase and sale agreements, operational agreements and royalty agreements. Hazel is often called upon (internally and externally) to provide day-to-day advice on joint ownership and the conduct of joint operations in upstream operations. With respect to power, Hazel provides expert advice with respect to power development projects and transactions.
Athabasca Oil Corporation completed the sale of its 40 per cent interest in the Dover oil sands project to Phoenix Energy Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited for approximately $1.184 billion. Athabasca is a Canadian energy company with a diverse portfolio of thermal and light oil assets primarily situated in Alberta's Western Canadian Sedimentary Basin.