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A section of TransCanada Corp.’s Keystone XL pipeline. TransCanada has launched a $4.5-billion lawsuit against rival Enbridge Inc. over a proposed 27-kilometre natural gas pipeline near Toronto that the companies had planned to develop.
A section of TransCanada Corp.’s Keystone XL pipeline. TransCanada has launched a $4.5-billion lawsuit against rival Enbridge Inc. over a proposed 27-kilometre natural gas pipeline near Toronto that the companies had planned to develop.
(Nathan VanderKlippe/The Globe and Mail)

Black Spruce adds to advisory team

Black Spruce Merchant Capital has beefed up its Calgary-based oil and gas financing and advisory team with a former colleague of the firm’s managing partners.

Dave Cheadle starts this week at Black Spruce as a managing director, according to a source familiar with the move. Mr. Cheadle will run the firm’s transaction services business as well as its oil field services practice.