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Suncor Energy Inc. on its acquisition of an additional five per cent interest in the Syncrude joint venture from Mocal Energy Ltd. for C$920-million.
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Sinopec, through its subsidiary SinoCanada Petroleum Corporation, on the negotiation of its C$105-million purchase of an interest in the Northern Lights oil sands project in northeastern Alberta. With a design capacity of more than 100,000 barrels per day of synthetic crude oil, the project costs over a five-year period are estimated at C$4.5-billion.
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Suncor Energy Inc. on its agreement to acquire Murphy Oil Company’s interest in the Syncrude oil sands joint venture for approximately C$937-million.
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Encana Corporation and PrairieSky Royalty Ltd. in connection with the transfer of fee-simple oil and gas and related assets by Encana to PrairieSky and subsequent C$1.67-billion initial public offering of PrairieSky by Encana.
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Nexen Inc. on its C$15.1-billion acquisition by CNOOC Limited.
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TransCanada Corporation on the establishment of its partnership with Phoenix Energy Holdings Limited for the construction and operation of the C$3-billion Grand Rapids Pipeline System.
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SilverBirch Energy Corporation on its acquisition by Teck Resources Limited valued at C$435-million.
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Suncor Energy Inc. on its joint venture and purchase arrangements with Total E&P Canada Ltd., wherein Total paid Suncor a net C$1.75-billion. Total received a 19 per cent stake in Suncor’s piece of the Fort Hills oil sands project in Alberta and a 49 per cent stake in a Suncor-operated Voyageur (U3) upgrader. In turn, Suncor acquired Total’s 37 per cent stake in a second Alberta project, the Joslyn project. The deal was recently referred to as “one of the most complex oil sands joint ventures in recent years” by The American Lawyer magazine.
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Suncor Energy Inc. on the negotiation, execution and delivery of a series of engineering, procurement and construction agreements for the Voyager oil sands project.
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SPIC, a wholly owned subsidiary of Sinopec on its US$4.65-billion purchase of ConocoPhillips’s interest in the Syncrude joint venture. The Syncrude joint venture is the largest oil sands venture in the world, which includes surface mining, extraction and upgrading.
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PTT Exploration and Production Company on its US$2.28-billion acquisition of a 40 per cent partnership interest in Statoil Canada Partnership, whose main asset is the Kai Kos Dehseh oil sands project in Alberta and the subsequent negotiation of a joint venture agreement with Statoil Canada Ltd. This is a significant transaction as it marks the first foray of Thailand into the Canadian oil sands.
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The underwriting syndicate on the initial public offering of MEG Energy Corp. for total proceeds of C$700-million.
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The underwriting syndicate on the initial public offering of Athabasca Oil Sands Corporation for total proceeds of C$1.35-billion.
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UTS Energy Corporation, a Canadian oil sands developer, in connection with the sale of UTS Energy (the Fort Hills project) to Total S.A. for C$1.75-billion. In addition to the sale of UTS, the transaction involved the creation of a new public Canadian company and the transfer of certain UTS oil sands assets to that new spinoff company.
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UTS Energy Corporation on the C$250-million divestiture to Imperial Oil and ExxonMobil of UTS’s 50 per cent working interest in several Alberta oil sands leases located east of the Firebag River in northeastern Alberta.
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Suncor Energy Inc. on its strategic merger with Petro-Canada.
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Enerplus Resources Fund on its proposed C$7.6-billion strategic business combination with Focus Energy Trust, its C$182.5-million acquisition of Kirby Oil Sands Partnership, its participation in the Joslyn lease project, its development of the Kirby oil sands steam-assisted gravity drainage project and the sale of its 100 per cent working interest in the Kirby oil sands lease for gross proceeds of C$405-million.
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Imperial Oil and ExxonMobil on their acquisition of Alberta Oil Sands Lease Nos. 421, 022 and 023 from UTS Energy Corporation.
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Dover Operating Corp. and MacKay Operating Corp. with respect to operating the Dover and MacKay oil sands joint venture assets.
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Husky Energy Inc. and supported its partner, BP Canada, in the negotiation, execution and delivery of a series of transportation and terminalling agreements for the transport of diluent and dilbit to and away from the Sunrise oil sands project.
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