Dentons advises NSE on the acquisition of OPS
Dentons has advised New Stratus Energy Inc. (NSE), an industry-leading oil and gas exploitation and production company, on the acquisition of an initial 49% equity interest in Operaciones Petroleras Soledad S. de R.L. de C.V. (OPS), a private Mexican oil and gas company.
This significant transaction includes the exclusive right for NSE to negotiate the purchase of an additional 41% of the equity interest in OPS.
OPS is the third-party contractor and operator of a hydrocarbons production contract awarded by Pemex Exploracion y Produccion, S.A. de C.V., a subsidiary of Petroleos Mexicanos, Mexico’s national oil company, on the Soledad block located in the State of Veracruz in eastern Mexico.
Dentons acted as the exclusive legal advisor to NSE on this transaction, with a multi-practice team across Colombia, Mexico, and Canada and relied on led partner Jorge Neher (Colombia), partners Rogelio Lopez Velarde (Mexico) and Lucas Tomei (Canada). In addition, the team was assisted by associates Rodrigo Ruvalcaba, Gustavo Mendoza (Mexico) and Ana Restrepo (Colombia).
The partners mentioned are pictured from left to right.
