Mergers and Acquisitions

Shell Canada Limited, in its sale of strategic assets to Tourmaline Oil Corp. for $1.369 billion Shell Canada Limited, in its sale of strategic assets to Tourmaline Oil Corp. for $1.369 billion

Shell Canada Limited
Key Contact
Simon C. Baines

Partner, Energy, Calgary

Team
Neal Ross

Partner, Corporate, Calgary

Justin Sherman

Partner, Corporate, Calgary

On November 30, 2016, Shell Canada Limited completed its previously announced agreement with Tourmaline Oil Corp. to sell strategic assets located in the Alberta Deep Basin and northeast BC Montney Complex for $1.369 billion.

Osler represented Shell Canada Limited with a team led by Simon Baines and includes Neal Ross, Kate Royer and Justin Sherman (M&A).

Value
$1.369 billion
Date Closed
November 30, 2016
Lead Office
Calgary
Key Contact
Simon C. Baines

Partner, Energy, Calgary

Team
Neal Ross

Partner, Corporate, Calgary

Justin Sherman

Partner, Corporate, Calgary