Baker & McKenzie recently advised The Sixth Energy Limited ("Sixth Energy") on its acquisition, by way of acquiring common shares, of a 33.4% stake of Caspian Energy Inc., an oil and gas exploration and development company operating in Kazakhstan and listed on the TSX Venture Exchange in Canada ("Caspian Energy").
The above transaction is linked to the acquisition by Caspian Energy from Asia Sixth Energy Resources Limited, of which Sixth Energy is the sole shareholder, of all of the remaining interests in Aral Petroleum Capital LLP, the operating entity of the East Zhagabulak Oil Field and a number of blocks in the "Northern" oil field in Kazakhstan, not already owned by Caspian Energy.
The multi-jurisdictional Baker & McKenzie team advising Sixth Energy was led by Hong Kong-based corporate partner Tracy Wut with assistance from associates Brian Wong and Ling Ling Ng. The core team was also supported by Sonia Yung, partner and Alex Farcas, associate in the Firm's Toronto office as well as Azamat Kuatbekov, partner and Nurgul Abdreyeva, Alissa Inshakova, associates in the Almaty office.