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Paul, Weiss is an acknowledged leader among U.S. law firms representing Canadian public and private companies and their underwriters. With almost 50 years of history in Canada and an office in Toronto, our vibrant Canada practice is the largest among U.S. law firms and reflects our long-standing commitment to our clients in their Canadian–U.S. cross-border matters.

Encana to Acquire Newfield Exploration in $7.7 Billion Deal

Paul, Weiss is representing leading North American energy producer Encana Corporation in its all-stock acquisition of U.S. independent energy company Newfield Exploration Company for approximately $5.5 billion. As part of the transaction, Encana will also assume $2.2 billion of Newfield net debt. The strategic combination will create a leading multi-basin company. The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to close in the first quarter of 2019, pending regulatory and shareholder approvals.

Paul, Weiss previously advised Encana in its $7 billion acquisition of Athlon Energy in 2014.

The Paul, Weiss team includes corporate partners Adam Givertz, Jeffrey Marell and Andrew Foley; tax partner David Sicular; and employee benefits partner Lawrence Witdorchic.

November 1, 2018

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