Client Work

Vermilion Energy Announces $1.075 Billion Acquisition of Westbrick Energy

December 27, 2024
Authors
John M. MercuryExecutive Chair & Chair of the Board
Kristos J. IatridisPartner
John LawlessPartner
Jon C. TruswellPartner
Adam WeryhaAssociate
Flutra KacuriAssociate
Darcy D. Moch KCPartner
Marshall R. HaugheyPartner
Zachary ThackerAssociate
Kevin MysonPartner

Vermilion Energy has announced it has entered into an agreement to acquire Westbrick Energy for total consideration of C$1.075-billion. Upon closing, Vermilion will have over 1.1 million net acres of land in the deep basin region of Alberta, becoming the region’s fifth largest producer. The transaction is expected to close in Q1 2025.

Bennett Jones acted for the controlling shareholder of Westbrick Energy in the transaction.

The team was led by John Mercury, Kristos Iatridis and John Lawless (Private Equity / M&A) and included Jon Truswell, Adam Weryha, Flutra Kacuri (M&A), Darcy Moch, Marshall Haughey, Zachary Thacker (Tax), Kevin Myson (Energy) and Kyle Donnelly (Competition).

Read the transaction press release.

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Authors

John M. Mercury, Executive Chair & Chair of the Board
Calgary  •   403.298.4493  •   mercuryj@bennettjones.com
Kristos J. Iatridis, Partner  •   Co-Head of Commercial Transactions Practice
Calgary  •   403.298.3285  •   iatridisk@bennettjones.com
John Lawless, Partner
Calgary  •   403.298.3035  •   lawlessj@bennettjones.com
Jon C. Truswell, Partner
Calgary  •   403.298.3097  •   truswellj@bennettjones.com
Adam Weryha, Associate
Calgary  •   403.298.3344  •   weryhaa@bennettjones.com
Flutra Kacuri, Associate
Calgary  •   403.298.3091  •   kacurif@bennettjones.com
Darcy D. Moch KC, Partner
Calgary, Vancouver, Edmonton  •   403.298.3390  •   mochd@bennettjones.com
Marshall R. Haughey, Partner
Calgary, Edmonton  •   403.298.3461  •   haugheym@bennettjones.com
Zachary Thacker, Associate
Calgary  •   403.298.3105  •   thackerz@bennettjones.com
Kevin Myson, Partner
Calgary  •   403.298.3049  •   mysonk@bennettjones.com