The firm is representing Petrohawk Energy Corporation in connection with its acquisition by BHP Billiton in a transaction valued at approximately $15.1 billion.  The transaction, which is subject to at least a majority of the outstanding Petrohawk shares being tendered and other customary conditions, is expected to be completed in the third quarter of 2011 (more…)

www.stblaw.com

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The Texas Supreme Court ruled unanimously late last week in favor of BP America Production Co. (“BP”) in a closely-watched case involving two recurring issues: (1) the duty of royalty owners to bring actions in a timely fashion, and (2) the requisites of adverse possession when unleased co-tenants mistakenly believe their mineral interests are under lease (more…)

www.bakerbotts.com

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