Canada - Canada • Energy and natural resources

Torys

More informationMore information

According to satisfied clients, Torys’ oil and gas team is comprised of ‘highly qualified partners and associates who understand the business’. The Calgary-based department is highly regarded for its transactional strength-in-depth, particularly in the emerging LNG space, while it also routinely advises energy companies on complex regulatory and Indigenous law matters. Practice head Derek Flaman specializes in commercial work across the full spread of upstream, midstream and downstream operations; he recently advised Enbridge on its sale of an 11.5% non-operating interest in seven of its operating pipelines in the Athabasca region to Athabasca Indigenous Investments. The group also draws on transaction-focused partners Chris Christopher, who sources recommend as ’among the top commercial lawyers in Calgary’, as well as Peter Danner (‘an exceptional commercial and M&A lawyer’) and Amy Maginley. Senior associate and litigator Gino Bruni provides broad regulatory support.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Chris Christopher is among the top commercial lawyers in Calgary. One of the best I have ever worked with. He is extremely knowledgeable, patient and strategic, with amazing listening and drafting skills. Very reliable and always supportive.’

  • ‘The team is full of highly qualified partners and associates who understand the business and work as a member of our business, rather than a service provider.’

  • ‘I have worked with Torys for almost 10 years and I'm always impressed with the level of service I receive.’

  • ‘Peter Danner is an exceptional commercial and M&A lawyer who understands complicated commercial matters as well as he understands complex legal matters.’

  • ‘Michael Pedlow is a corporate and securities lawyer who is able to navigate the complex issues of an M&A-focused publicly listed company which operates in multiple international jurisdictions.’

Key clients

  • AltaGas
  • Enbridge
  • Kohlberg Kravis Roberts & Co
  • Pembina Gas Infrastructure, a joint venture between KKR and Pembina Pipeline Corporation
  • Vermilion Energy
  • Cenovus Energy
  • Enerplus Corporation
  • Precision Drilling Corporation
  • Tenaz Energy Corp
  • Canadian Resource Roadway Corporation
  • Evercore Partners International, as the sole financial advisor to TransGlobe Energy Corporation
  • Inter Pipeline
  • Fluid Energy Group
  • Whitecap Resources

Work highlights

  • Advised AltaGas on the C$1bn sale of its Alaska utilities business to TriSummit Utilities.
  • Advised Whitecap Resources on its C$1.9bn acquisition of XTO Energy Canada from Imperial Oil and ExxonMobil Canada Energy.
  • Advised Enbridge on its sale of an 11.5% non-operating interest in seven of its operating pipelines in the Athabasca region to Athabasca Indigenous Investments.

Lawyers

Rising Stars

Leading individuals

Chris Christopher

Torys

Chris’ counsel to clients in the infrastructure, energy and oil and gas sectors is backed by deep experience and industry background, bringing knowledge and perspective to clients’ corporate and commercial priorities, strategies and objectives. Chris guides oil and gas and power companies through a wide range of their commercial projects and transactions. He regularly works with clients in their acquisitions and divestitures of energy assets, as well as the full spectrum of energy project development, from joint ventures, construction, operation and maintenance to logistics and transportation, processing and marketing arrangements as they relate to LNG, oil sands, shale gas and power projects. Chris’ industry experience includes a business background working with various oil and gas companies, giving him market insight and a commercial mindset.

Derek Flaman

Torys

With deep experience in transactions in the energy and oil and gas sectors, Derek provides clients with business-focused advice to guide their deal-making and other strategic objectives. A member of the firm’s Executive Committee, Derek practises commercial law in the energy sector, with an emphasis on M&A, joint ventures and project development in the energy and infrastructure industry. He works closely with clients spanning the sector, including E&P companies, midstream and downstream companies, and private equity funds on transactions involving the acquisition and divesture, joint venturing, and equity financing of energy and infrastructure assets and companies, as well as the marketing of energy and energy-related products.

Next Generation Partners

Peter Danner

Torys

Involved in some of the most significant recent M&A transactions in the midstream space in Western Canada, Peter brings experienced corporate counsel, industry insight and technical ability to help clients navigate their most important transactions. A leading corporate and M&A lawyer, Peter regularly advises on strategic investments, private equity transactions, joint ventures and complex commercial arrangements in the energy and mining sectors. He works closely with operating companies and investors on a wide variety of transactions in the oil and gas exploration and production, midstream infrastructure, refining, retail and other energy-related sectors. Peter also works with clients in the mining and metals industry on their transactional matters, including offtake, royalty and streaming transactions.

Practice head

The lawyer(s) leading their teams.

Derek Flaman

Other key lawyers

Chris Christopher, Peter Danner, Amy Maginley, Gino Bruni, Michael Pedlow