Janice Buckingham

Osler Update, April 27, 2017Online

URL: https://www.osler.com/en/resources/regulations/2017/redwater-revisited-should-the-buck-stop-here

Nearly one year ago, the Alberta Court of Queen’s Bench released its eagerly awaited decision in Redwater Energy Corporation (Re), 2016 ABQB 278 (Redwater). On April 24, 2017, in a decision that underscores the significant implications of that decision for the regulation of Alberta’s oil and gas resources, the Alberta Court of Appeal affirmed the lower Court’s decision.

Calgary Herald, June 2, 2016Online

URL: http://calgaryherald.com/business/energy/yedlin-redwater-energy-case-has-significant-implications-for-energy-sector

A recent ruling by Alberta Court of Queen’s Bench Chief Justice Neil Wittmann will have far-reaching implications for the province’s energy sector.

Lexpert Business of Law (written by Anthony Davis), May 21, 2016Online

URL: http://www.lexpert.ca/article/opportunity-knocks-in-energy-industry-crisis-say-lawyers

With the price of oil sinking to lows not seen in years, the oil & gas industry continues to play defence. But in crisis, opportunity knocks for clients.

Financial Post, May 17, 2016Online

URL: http://business.financialpost.com/legal-post/credit-support-agreements-under-microscope-amid-pressure-to-derisk

When two or more companies look at setting up a joint venture or midstream services agreement, companies are taking a closer look at whether their counterparties will be solvent long enough to make the deal work.

Osler Update, February 2, 2016Online

URL: https://www.osler.com/en/resources/regulations/2016/alberta-s-new-royalty-framework

The Panel’s report concluded that the current royalty rates for oil sands are appropriate and should be maintained, with some minor adjustments to allowable costs and transparency.

Daily Oil Bulletin and Alberta Oil, January 27, 2016Online

URL: http://www.dailyoilbulletin.com/article/2016/4/11/sponsored-content-distress-signals-mitigating-your/

The media have been paying considerable attention to the current financial distress of the energy industry in Alberta, focusing primarily on the impact a company’s financial condition can have on its stakeholders, including its employees, shareholders and creditors.

Globe and Mail, January 26, 2016Online

URL: http://www.theglobeandmail.com/partners/advoilandgas0116/lower-for-longer-boards-will-be-challenged-in-2016/article28378035/

Throughout 2015, as the depth and duration of the energy downturn played out, companies responded in meaningful ways.

Osler Update, January 4, 2016Online

URL: https://www.osler.com/en/resources/regulations/2016/canadian-oil-gas-law-and-practice-chambers-glob

The oil and gas industry in Canada is highly regulated, with legislation that varies from province to province.

Osler Update, December 9, 2015Online

URL: https://www.osler.com/en/resources/regulations/2015/the-politics-of-energy-big-changes-in-the-oil-pat

From a market perspective, crude oil prices seesawed downward, with one month’s gains being erased by the next month’s losses. Energy companies slashed budgets, removing $31 billion from the economy.

Lexpert Special Edition - Energy (written by Brian Burton), October 30, 2015Online

URL: http://www.lexpert.ca/article/private-equity-poised-for-greater-role-in-energy-market

Calgary is Deal City for the global energy industry, accounting for fully one-quarter of the value of all oil and gas mergers and acquisitions worldwide between 2010 and 2014. According to Calgary Economic Development there are more than 960 oil and gas companies headquartered in the city — in a constant state of forming, exploring, producing, acquiring each other and being acquired.

The Globe and Mail (written by Janice B.), July 6, 2015Online

URL: http://www.theglobeandmail.com/report-on-business/rob-commentary/in-the-oil-patch-challenges-breed-creativity-and-collaboration/article25308590/

There is considerable uncertainty in the Canadian energy industry today due to a number of factors, including a precipitous decline in oil prices, the chilling effect of foreign investment rules, constrained access to markets and, most recently, a new political agenda in Alberta.

Financial Post (written by Yadullah Hussain), May 15, 2015Online

URL: http://business.financialpost.com/news/energy/theres-a-better-way-to-solve-albertas-financial-woes-than-hiking-royalties-and-taxes-in-the-oil-patch?__lsa=269f-82a7

Under the Specified Gas Emitters Regulation, the province charges major emitters of greenhouse gases $15 per tonne, but the program has been criticized for not reining in carbon emissions or bringing in significant revenues for the province.

Alberta Law Review, July 1, 2004Online

URL: https://www.albertalawreview.com/index.php/ALR/article/view/483

To manage these risks and potentially increase the chance of successful projects, the authors offer suggestions for adapting leases and agreements typically used in the oil and gas industry to reflect the uniqueness of coalbed methane development.