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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Total E&P Canada Ltd. Acquires UTS Energy Corporation for Approximately $1.5 Billion

2010

Areas Competition, Antitrust and Foreign Investment, Corporate Finance and Securities, Energy Law, Mining and Natural Resources, Tax

Summary

Goodmans represented Total E&P Canada Ltd., a wholly owned subsidiary of Total S.A., in its acquisition of UTS Energy Corporation, an Alberta-based oil sands exploration and development company, for purchase price consideration of approximately $1.5 billion. In addition to cash consideration of $3.08 for each UTS share held, the shareholders of UTS received 0.1 of a share of SilverBirch Energy Corporation, a company formed pursuant to the transaction through the spin-out of certain UTS assets.