Limited Partnerships in the Alberta Oil and Gas Industry

Authors

  • R. G. Powers

DOI:

https://doi.org/10.29173/alr594

Keywords:

Energy Law, Petroleum Law

Abstract

Limited partnerships, as financing vehicle in the oil and gas industry, are gaining popularity. This paper reviews the law relating to limited partnerships in Alberta, emphasizing those problems of particular significance in the formation of such partnership for participation in the oil and gas business. Relevant provincial and federal statutory provisions are considered, and draft Partnership Agreement is set out. The author also highlights the distinctions between the limited partnership, joint venture, and operating agreement.

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Issue

Vol 16, No 2: Petroleum Law Supplement

Section

Articles

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