Imaginea Energy acquires oil & gas assets from Pengrowth Energy Corporation in $80 million deal

Effective July 1, 2015, Pengrowth Energy Corporation (TSX: PGF) (NYSE: PGH) disposed of its Jenner, Alberta assets to Imaginea Energy Inc. for a total cash consideration of $80 million.

Greg Peterson led a team from Gowlings as counsel to Imaginea in this transaction, with Richard Gushue leading an oil & gas team that also included Geoffrey Macleod, Colleen McMullin, Patrick Rea, Tracy Van Brunt, Riley Dearden and Danica Doucette-Preville; as well as Frank Sur (corporate finance); and Ian Macdonald (competition).