Canadian Regulator Adds More Uncertainty to Oil & Gas Market
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Canadian Regulator Adds More Uncertainty to Oil & Gas Market
By Kelly Bourassa and Ryan Zahara, Partners & Chris Nyberg, Associate, Blake, Cassels & Graydon LLP
In Redwater Energy Corporation (Re), the Court of Queen's Bench of Alberta held that certain sections of the Oil and Gas Conservation Act (Alberta) and Pipeline Act (Alberta) are inoperative to the extent that they are used by the Alberta Energy Regulator (AER) to prevent the abandonment...
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Ryan Zahara is a partner with Blake, Cassels & Graydon LLP whose primary focus is on restructuring and insolvency matters. He has been involved in various restructuring proceedings under Canada’s Companies Creditors’ Arrangement Act and has also acted on behalf of court-appointed officers, including receivers, monitors, and trustees. Zahara also acts on various other commercial litigation issues, including corporate foreclosures, real property, and construction disputes.
Chris Nyberg is an associate with Blake Cassels & Graydon LLP and practices in the area of corporate/commercial litigation with a focus on restructuring and insolvency. He has experience in a variety of areas, including oil and gas, energy regulation, contractual disputes, and insolvency law. Nyberg also has experience in a number of alternative dispute resolution proceedings, including negotiation, mediation, and pre-trial conferences.
Kelly Bourassa is a partner with Blake, Cassels & Graydon LLP and heads the Restructuring & Insolvency group in Calgary. She is an experienced insolvency lawyer who advises clients on all aspects of commercial reorganizations, workouts, receiverships, and other enforcement of security. Bourassa has represented many different parties affected by the insolvency process, including debtors, purchasers, lending syndicates, secured and unsecured creditors, receivers, monitors, and trustees.
