Increasing global demand and the resulting surge in energy costs has led producers to increase drilling activity, apply secondary and tertiary recovery methods, and focus on improvements in utilization and supply. Taking on innovative, remote and complex projects, producers are looking to increase production levels by examining acquisitions, creative partnering and operations efficiency. Demand for cleaner fuels has led to a change in the proportion of new wells drilled for gas, an important component in increased oil sands productivity. Positive stakeholder relations are becoming important to a producer’s expansion plans.
 
Blakes earns client confidence through strong technical expertise and client service. We have a long tradition of multidisciplinary excellence in mergers and acquisitions, tax, securities, financing, infrastructure, regulatory, labour and employment, competition law, real estate, and litigation. Respected for our deep industry knowledge and transactions and operations acumen, foreign and domestic clients regularly retain Blakes to advise on all aspects of conventional oil and gas exploration, financing, production and operations worldwide. We regularly counsel clients on issues pertaining to oil and gas refining, processing, transportation and storage, as well as represent them in proceedings related to permitting, development projects, and interpretation and application of environmental legislation. Our industry knowledge is enhanced by serving a diverse client base, including exploration and production companies, midstreamers, marketers, refiners, utility companies, facility and pipeline owners and operators, industrial users, industry financiers, and other stakeholders.
 
Blakes Oil & Gas lawyers have represented clients on the purchase and sale of upstream oil and gas assets, as well as midstream facilities such as pipeline systems, upgraders, refineries, extraction facilities, liquefied natural gas terminals and infrastructure. Working collaboratively with our leading Capital Markets, Financial Services, Financial Services Regulatory and Mergers & Acquisitions lawyers, we advise and assist with raising capital, regulatory restrictions, environmental regulations and compliance, as well as on all aspects of mergers, acquisitions and dispositions. Clients benefit from our long tradition of multidisciplinary excellence encompassing mergers and acquisitions, tax law, securities issues, financing opportunities, infrastructure concerns, regulatory matters, competition law, creative partnering, stakeholder relations, and high-stakes litigation. Our team approach enables us to provide comprehensive representation and uniquely positions us to help our clients achieve their business goals.
 
In addition to providing transactional and operations advice, our Financial Services Regulatory lawyers frequently appear before federal and provisional regulatory boards and tribunals, including the National Energy Board, the Alberta Energy and Utilities Board and the Ontario Energy Board. Our litigators represent clients at all levels of courts throughout Canada.

Representative Matters
  • Served as Canadian counsel to Hunt Oil Company of Canada in the sale of conventional and unconventional oil and gas assets for C$525-million.
  • Counselled CanEra Resources Inc. in connection with the cross-border sale of assets valued at C$241-million.
  • Advised Nexen Inc. on the sale of its North American natural gas trading unit.
  • Represented TriStar Oil & Gas Ltd. in its merger with Petrobank Energy and Resources Ltd.'s Canadian business unit to form PetroBakken Energy Ltd., a newly publicly listed corporation with a market cap of approximately C$5.5-billion.
  • Counselled Harvest Energy Trust on its C$1.6-billion acquisition of North Atlantic Refining Limited from Vitol Refining Group B.V.
  • Represented Dana Petroleum PLC in its C$218-million acquisition of Bow Valley Energy Ltd.
  • Advised Public Sector Pension Investment Board and Aston Hill Financial Inc. in their C$406-million acquisition of Thunder Energy Trust.