Porter Hedges Represents GL Group in Acquiring Oil and Gas Assets in Texas
Porter Hedges represented GL Group in the acquisition of upstream oil and gas assets across four producing oil and gas fields near Midland, Texas.
This acquisition is a strategic milestone that establishes GL Group’s presence in the world's largest and most competitive upstream oil and gas market and creates a strong platform for sustained growth in the United States.
Founded in 2019, GL became the first privately owned Azerbaijani energy company. GL Group is led by a management team with strong international experience in the oil and gas industry. The company is focused on operational excellence and long-term value creation through strategic acquisitions, efficient asset development, and disciplined investment.
For additional details, see the GL Group press release here.
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