City of Medicine Hat completes sale of Glauc C Oilfield to Cache Island Corp.

Date Closed

February 01, 2021

Lead Office

Calgary

On February 1, 2021, the City of Medicine Hat sold their interest in the Glauc C oilfield to Cache Island Corp., a private energy transition company with conventional oil and gas assets along with renewable energy projects. The Glauc C oilfield is located on the eastern boundary of the City.

Medicine Hat is a city located in southeast Alberta known for its natural gas fields.

McCarthy Tetrault advised the City of Medicine Hat with a team led by Brian Bidyk that included Jamie Gibb.

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