About 90 per cent of Canada’s technically recoverable oil resources are oil sands bitumen, of which half is economically recoverable with existing technologies. Many technological and economic challenges have been overcome to produce and transport bitumen and to refine it into products such as gasoline and diesel fuel.
While advising on Canadian oil sands legal solutions, Blakes has been involved in a significant number of acquisitions and divestitures. We have an established track record in structuring investments and developing, implementing and financing joint venture and project plans. Our top-ranked Competition & Antitrust practice has unparalleled experience in representing clients before the Canadian Competition Bureau in domestic and cross-border mergers. This combination, along with industry knowledge gained in serving a first-rate client base, allows us to efficiently and effectively provide strategic, practical and comprehensive advice to assist our clients in achieving optimal commercial results.
In conjunction with a thorough understanding of the legal environment in which the industry operates, our multidisciplinary team of oil sands legal advisors has a long tradition of excellence in mergers and acquisitions, tax, competition law, securities, financing, labour and employment, real estate, technology, litigation, and insolvency.