Shell Midstream Partners, L.P., a limited partnership formed by Royal Dutch Shell, announced the pricing of its initial public offering of 40,000,000 common units representing limited partner interests at $23.00 per common unit. The underwriters of the offering have a 30-day option to purchase up to an additional 6,000,000 common units from Shell Midstream Partners. The common units will begin trading on the New York Stock Exchange on October 29, 2014 under the ticker symbol “SHLX.” The offering is expected to close on or about November 3, 2014, subject to customary closing conditions. (more…)
On October 27, 2014, Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) announced that it completed the acquisition of additional leasehold and producing interests in the Eagle Ford Shale from Eagle Ford Minerals, LLC (“EFM”), for $250 million in cash, subject to a closing adjustments, as well as an update to its third quarter guidance. The acquisition represents an approximate 25% working interest in certain Eagle Ford Shale properties that were already operated by Carrizo. Following the closing of the transaction, Carrizo holds an approximate 100% working interest in these assets. The acquired properties are in three main project areas (RPG, Irvin Ranch, and Pena) which are centrally located in the most prospective portion of the Eagle Ford Shale’s volatile oil window. (more…)
Haynes and Boone, LLP Houston has welcomed U.S. patent lawyer John Demarco as a partner in the firm’s Intellectual Property Transactional Section.
“Our nationally-recognized IP practice grows even stronger with the addition of John in Houston,” said Terry Conner, firm managing partner. “Clients engaged with the ongoing energy boom and vibrant Houston economy will certainly benefit from his wise counsel.” (more…)
Haynes and Boone, LLP is proud to announce that Kirsten Polyansky has joined the firm’s Houston office as a partner in the Energy Practice Group.
“Her vast energy finance knowledge and experience fit nicely with the firm’s energy practice,” said Houston Partner Buddy Clark, head of the Energy Practice Group. “Kirsten’s experience in energy commodities, with a special focus on crude oil and refined products, enhances the firm’s capabilities.” (more…)
Vinson & Elkins announced today that seasoned capital markets attorney Michael Telle has joined the firm in Houston as a corporate partner, further expanding its market-leading position.
“We are committed to maintaining V&E’s premier position in the highly competitive Houston market,” said V&E Chairman Mark Kelly. “We could not be happier to welcome Mike back to V&E. Mike is recognized as one of the nation’s top capital markets attorneys and is a natural leader whose engaging personality fits perfectly with our firm’s culture.” (more…)
King & Spalding has recruited noted Texas appellate specialist Shawn Stephens as a partner in the tort and environmental litigation practice of its Houston office. Stephens joins King & Spalding from Baker Hostetler where she was a partner and leader of the Houston appellate practice.
“Shawn is an excellent appellate lawyer with an impressive list of accomplishments, and she adds significant strength to our Texas appellate practice,” said Robert E. “Bobby” Meadows, managing partner of King & Spalding’s Houston office. “We welcome Shawn to the firm.” (more…)
Kirkland & Ellis LLP advised Blackstone Energy Partners in its $700M equity commitment to Windy Cove Energy LLC to acquire and develop carbon dioxide-enhanced oil recovery properties in the United States. Windy Cove is a newly formed oil and gas company based in Houston, TX. (more…)
Kirkland & Ellis LLP is pleased to announce that leading capital markets lawyer Matthew R. Pacey will join the Firm as a partner in the Houston office.
“Matt is a skilled securities lawyer with an especially strong background in energy transactions,” said Jeffrey C. Hammes, Chairman of Kirkland’s Global Management Executive Committee. “His experience will broaden our transactional offering in Houston and complement our existing strong global capital markets practice.” (more…)
Munsch Hardt Kopf & Harr PC (Munsch Hardt) and Harrison Bettis McFarland LLP (Harrison Bettis) announce they will be joining forces to enhance services and capabilities available to clients, effective Nov. 1, 2014.
The addition of eight Harrison Bettis attorneys to Munsch Hardt’s Houston office is the latest development in Munsch Hardt’s aggressive plan for strategic growth. With these eight experienced business litigation attorneys, Munsch Hardt will now be comprised of more than 125 attorneys in three Texas offices – Dallas, Houston and Austin. (more…)
Baker Donelson has grown its Houston office with the addition of a prominent team of four health care attorneys: Ivan Wood Jr., Stuart F. Miller, Marissa Weitzner Arreola and Matthew Maruca. All of the attorneys previously practiced with Strasburger & Price.
“We’re committed to continuing the strategic growth of our Houston office through the addition of attorneys who are recognized leaders in their field. Bringing in such a strong group of attorneys marks a significant expansion of our presence in Houston and greatly enhances our capabilities in serving clients in the health care sector,” said Bradley E. Chambers, managing shareholder of the Firm’s Houston office. (more…)
James Grace Jr. joins the Houston office of the international law firm Greenberg Traurig, LLP as a shareholder in its Government Law & Policy Practice. Prior to joining the firm, Grace chaired the Texas government relations practice at Baker Botts L.L.P.
Grace advises and advocates for a wide variety of clients on federal, state and local public policy matters. His deep knowledge of and experience with governments and political campaigns at all levels allow him to assist with complex government relations problems. (more…)
On September 24, 2014, Cabot Oil & Gas Corporation (NYSE: COG) announced the closing of a $925 million private placement of senior unsecured notes to a group of institutional investors. In total, Cabot raised $925 million through the following three series of notes: $100 million of 7-year 3.24% notes due 2021, $575 million of 10-year 3.67% notes due 2024 and $250 million of 12-year 3.77% notes due 2026. Proceeds from the offering will be used to repay Cabot’s outstanding borrowings under its credit facility, fund its Eagle Ford Shale acquisition and for other general corporate purposes. (more…)