Practices

Porter Hedges’ energy practice group represents natural gas producers, marketing companies and industrial consumers in a broad variety of hedging and marketing transactions. The energy group has extensive experience in drafting and negotiating marketing agreements such as:

• Gas sales contracts between producers, marketing companies and end users, including NAESB contracts and long-term dedicated sales contracts
• Hedging agreements, including ISDA master swap agreements, for producers and energy lenders
• Master netting agreements
• Early terminations, liquidation and creditors’ rights matters
• Credit support documentation

Representative matters:

• Representing major gathering and natural gas purchasing companies in connection with numerous master netting agreements.
• Representing numerous producers in negotiation of NAESB and other gas sales contracts with purchasers.
• Representing numerous creditor counterparties in complex early terminations and other relief in claims in respect of forward contracts, swaps and master netting and setoff agreements.
• Representing major international energy company and numerous producers in complex ISDA Master Swap Agreements with Wall Street hedge counterparties.
• Representing Australian bank and its affiliates in complex transaction to assume obligations under long-term natural gas supply contract.
• Representing various major natural gas suppliers dealing with end users with various credit issues.
• Representing natural gas marketing companies in gas sales contracts with end users and other gas purchasers.