Attorneys from the law firm of Thompson & Knight LLP represented Golden, Colorado-based Meritage Midstream Services in the company’s recent sale of assets in the Eagle Ford shale area of south Texas.
Arthur J. Wright, a Partner in the Firm’s Dallas office and Oil and Gas Practice Leader, led the Thompson & Knight team on behalf of Meritage, along with Anna R. Irion, Mitchell E. Ayer, Brandon L. Bloom, Cole Bredthauer, Melissa Deal, Jolisa Melton Dobbs, Ron W. Fry, Lucas A. LaVoy, Cynthia M. Mabry, Julie A. Mediamolle, Sam L. Merrill, Casey Ragan, Robert H. Saunders, Elizabeth A. Schartz, R. David Wheat, Gaye White, and Wesley P. Williams. The transaction, announced on March 15, 2012, is awaiting regulatory approval and expected to close in April.
In the deal, Meritage agreed to sell company assets in its Eagle Ford Escondido Gathering System, a gas-gathering system partially owned by Houston-based Laredo Energy, and the wet gas stream Cuervo Creek Gathering System. The sale includes approximately 185 miles of Meritage pipelines in south Texas.
The Meritage assets are being purchased by San Antonio-based Howard Energy Partners following capital investments supplied by a consortium of companies led by GE Energy Financial Services, a division of Fairfield, Connecticut-based General Electric Co. (NYSE: GE), along with Dallas-based Crosstex Energy LP, Houston-based Quanta Services Inc., and San Antonio-based Clear Springs Energy Co. LLC.
“Meritage Midstream Services is one of the top oil and gas services companies in the world, and we are proud to have been able to assist them in this important transaction,” says Mr. Wright, who served as Meritage’s lead deal counsel.
Thompson & Knight was named “Law Firm of the Year” in Oil & Gas Law in the 2011-2012 edition of Best Law Firms, the preeminent listing of the nation’s top legal practices published by U.S. News & World Report and The Best Lawyers in America®.
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