"Tenaz Energy Corp. Acquires German Assets in North Sea GEMS Project for $244 Million"

**Press Release Summary** GvW Graf von Westphalen and Torys LLP participated in the acquisition of a private company by Tenaz Energy Corp., advising on the German and Canadian aspects of the transaction, respectively. The transaction involved Tenaz Energy Corp. acquiring a private company with interests in the Gateway to the Ems (GEMS) project, located on the boundary of the Dutch and German sectors of the North Sea, for a purchase price of USD 244 million. The GEMS properties encompass five licenses, including three in the Netherlands and two in Germany, covering a total area of 1,811 km². The assets include the N05-A platform, which has a nameplate capacity of 225 MMcf/d, along with several discovered fields and exploration prospects. The legal teams involved in the transaction included: **GvW Graf von Westphalen:** - Dr. Ritesh Rajani (Partner, Corporate/M&A) - Corinna Lindau (Partner, Environmental and Planning Law) - Dr. Andreas Wolowski (Partner, Environmental and Planning Law) - Saskia Soravia (Partner, Environmental and Planning Law) - Dr. Maximilian Emanuel Elspas (Partner, Energy Law) - Maximilian Andersen (Associate, Corporate/M&A) - Dr. Stefanie Raissa Ramsauer (Associate, Environmental and Planning Law) - Patrick Klafke (Associate, Environmental and Planning Law) - Juliane Hofmann (Associate, Environmental and Planning Law) - Tobias Lang (Associate, Energy Law) **Torys LLP:** - (Specific names and titles not provided in the press release) This collaboration highlights the expertise of both law firms in navigating complex international energy transactions.

"Tenaz Energy Corp. Acquires German Assets in North Sea GEMS Project for $244 Million"

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