Lexpert Special Editions

Special Edition on Energy -Nov 2015

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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Gilmour, Bradley S. Bennett Jones LLP (403) 298-3382 gilmourb@bennettjones.com Mr. Gilmour's practice focuses on energy, environ- mental and Aboriginal law. He has significant experience with issues related to energy and natural resource projects including oilsands, pipelines, LNG, CCS, coal, hydro, chemical and renewable energy. Graham, Gary D. Gowling Lafleur Henderson LLP (905) 540-3255 gary.graham@gowlings.com Gowlings's Hamilton found- ing partner, Mr. Graham is a business law lawyer. A former President of Westinghouse Canada Inc., he has been advis- ing clients in the manufactur- ing, energy and broader public sectors for 25+ years. Greenfield, QC, Donald E. Bennett Jones LLP (403) 298-3248 greenfieldd@bennettjones.com Mr. Greenfield's energy practice spans asset and share sales and acquisitions in Canada and abroad, LNG and oil and gas development and facilities financing, construction and operation, as well as Investment Canada Act matters. Gorman, William (Bill) Goodmans LLP (416) 597-4118 wgorman@goodmans.ca Mr. Gorman's practice fo- cuses on domestic and cross- border corporate finance and M&A. He represents a number of public and private companies, private equity and underwriters in transactions involving the energy sector. Green, Bram J. Goodmans LLP (416) 597-4153 bgreen@goodmans.ca Mr. Green's real estate prac- tice extends to all aspects of domestic and international utility scale solar and wind power renewable energy generation projects. He acts for Recurrent Energy in its development of utility-scale solar projects in Ontario. Grenier, Pierre Dentons Canada LLP (514) 878-8856 pierre.grenier@dentons.com Mr. Grenier focuses on cor- porate & commercial mat- ters and on the construction, energy & real estate sectors. His experience includes regulatory regimes in the energy sector, construction claims, contractual arrange- ments and manufacturer's liability. LEXPERT ® RANKED LAWYERS Requirements AS MARKET CONDITIONS DETERIORATE IN THE OIL AND GAS SECTOR, REGULATORS ARE PRESSURING COMPANIES TO GIVE INVESTORS MORE CONTINUOUS DISCLOSURE ABOUT THEIR FINANCIAL HEALTH BY ANTHONY DAVIS Reporting As if oil and gas companies didn't have enough to worry about. With West Texas Intermediate crude sinking to US$42.50 at the time of writing and going who knows where, Canadian energy executives are preoccupied with cutting costs, re-jigging capi- tal expenditures and deciding whether or not to irk investors by slashing dividends. e last thing they want to deal with is more rules to continually disclose more details about their financial affairs. But that's just what regulators are demanding. From third-party related transac- tions to more stringent guidelines on how to describe prospective resources, energy companies are being asked to spit out more numbers. And, as well, to more accurately describe and harmonize just how they get at those numbers. With market conditions deteriorating for oil and gas, Canadian securities admin- istrators at both provincial and national levels have focused greater attention on con-

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