Calgary and Sydney advise Mocal Energy Limited, a wholly-owned subsidiary of JX Nippon Oil & Gas Exploration Corporation, on its US$730m disposition of an interest in the Syncrude Oilsands Project to Suncor Energy

Our Calgary and Sydney offices have advised Mocal Energy Limited, a wholly-owned subsidiary of JX Nippon Oil & Gas Exploration Corporation, on its strategic disposition of a 5% interest in the Syncrude Oilsands Project to Suncor Energy Ventures Partnership for a purchase price of US$730m.

The team included Robert Froehlich, Rujuta Patel, Wayne Fedun, Dion Legge, Clarke Hunter, Bryan Walker, Matthew Longstaff, Colleen Abel and Sean Wallace (Calgary) and Shamim Razavi and Tatiana Gotvig (Sydney).