Acquisitions, Divestitures and Joint Ventures

Upstream

• Representation of Ascent Resources, LLC in the acquisition of natural gas and oil properties from Hess Corporation, CNX Resources, Utica Minerals Development, and a fourth undisclosed seller for $1.5 billion.
• Representation of BHP Billiton in the sale of certain Eagle Ford Shale assets.
• Representation of Noble Energy in the $3.2 billion acquisition of 50% of a company’s Marcellus oil and gas development leases and the related joint venture development agreement.
• Representation of Ascent Resources, LLC in the $1.7 billion acquisition of Utica and Marcellus properties from East Resources, Inc.
• Representation of Black Stone Minerals, L.P. in the $340 million acquisition of a large and diverse mineral and royalty package from affiliates of Noble Energy.
• Representation of Red Mountain Energy and IOG Capital in the sale of its STACK position to SandRidge Energy.
• Representation of Noble Energy in the $1.225 billion divestiture of Marcellus Shale assets to an undisclosed buyer.
• Representation of Middle Fork Energy Partners, LLC in an acquisition of natural gas and oil producing properties, undeveloped acreage, and related assets located in the Uinta Basin for $155 million from QEP Energy Company.
• Representation of Talisman Energy in the $1.325 billion acquisition of Eagle Ford shale leases and formed a joint venture to develop the fields with Statoil.
• Representation a Special Committee of the Gulfport Energy Corporation Board of Directors in the $372 million and $220 million acquisition of Utica Shale Acreage from Windsor Ohio.
• Representation of EPL Oil & Gas in the purchase of oil and gas assets in the Gulf of Mexico from Hilcorp Energy Co. for $550 million.
• Representation of White Star Petroleum, LLC in the acquisition of Mississippi Lime and Woodford Shale assets from Devon Energy Corporation for $200 million.

Midstream

• Representation of an affiliate of Petrohawk Energy (now BHP Billiton) in a series of transactions to develop and later sell a $2 billion shale natural gas gathering system in Louisiana.
• Representation of Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco Logistics Partners L.P. (NYSE: SXL) in an agreement to sell 36.75% of the Bakken Pipeline Project, which includes the Dakota Access pipeline and the Energy Transfer Crude Oil pipeline, for $2 billion in cash to MarEn Bakken Company LLC, an entity jointly owned by Enbridge Energy Partners, L.P. and Marathon Petroleum.
• Representation of a Chevron subsidiary in numerous gas purchase and sales agreements, gas storage agreements, gas transportation agreements and interconnect agreements with its customers.
• Negotiation of gas gathering and processing agreement covering Newfield Exploration’s STACK acreage position with major Oklahoma midstream provider.
• Representation of Targa Resources in numerous gas gathering and processing, crude gathering, marketing and related midstream agreements.
• Representation of Western Gas in restructuring of gas gathering and crude gathering agreements for major systems located in the Maverick Basin of South Texas.
• Representation of Five Point Capital in a joint venture with Matador Resources to co-own and operate midstream assets formerly-owned by the producer and to expand to include processing.
• Representation of Crestwood Equity Partners in the formation of a joint venture and sale down of Tres Palacios storage facility.
• Representation of Enbridge in acquisition of Eaglebine gathering system and negotiation of long-term gathering agreement.
• Representation of Talisman Energy to arrange gathering, processing and fractionation of its joint venture production from Eagle Ford Shale leases with more than five (5) different midstream service providers.
• Representation of ARM Energy, LLC in the negotiation of separate construction and installation and engineering and procurement agreements related to a 200MMscf/d cryogenic processing facility to be developed in Oklahoma.
• Representation of management group of Azure Midstream Energy in the $910 million acquisition of TGGT Holdings, a joint venture between EXCO Resources Inc. and BG Group PLC, with the backing of Energy Spectrum Capital.
• Representation of Canyon Midstream in numerous specialty gas purchase and sales agreements, gas storage agreements, gas transportation agreements and interconnect agreements with its customers.
• Representation of Freepoint Commodities LLC in the sale by Hess of a crude oil and petroleum products storage terminal at the former Hovensa refinery in the U.S. Virgin Islands, including negotiation of the related joint venture agreement with ArcLight Capital Partners, LLC.

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