Porter Hedges Represents Williams in Joint Venture with Crowheart Energy in Wyoming
Porter Hedges represented Williams (NYSE: WMB) in its negotiation of a joint venture with Crowheart Energy (Crowheart) in the Wamsutter Field of the Greater Green River Basin of Wyoming. The joint venture involves the consolidation of three legacy operating assets consisting of over 1.2 million net acres, over 3,500 operating wells, and more than 3,000 potential development locations. The transaction consolidates the legacy BP, Southland, and Crowheart upstream assets into one contiguous footprint.
Porter Hedges also represented Williams in its earlier acquisition this year of Southland Royalty Company’s (Southland) Wamsutter Field assets.
Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids.
Crowheart Energy is a Denver, Colorado based upstream oil and gas company focused on the safe, efficient, and environmentally-friendly development of operated assets in Wyoming's Greater Green River Basin.
For the joint venture between Williams and Crowheart, the Porter Hedges team was led by Jeremy Mouton, with significant assistance from David Mann, Joe Morrel, Ben Rajabi, and Geoff Schultz, and with additional assistance from Laura Alaniz, Aaron Browne, and Sarah Gray.
For the acquisition by Williams of Southland’s Wamsutter Field assets, the Porter Hedges team was led by Jeremy Mouton and Eric English, with significant assistance from David Mann, Shane Johnson, Geoff Schultz, Aaron Browne, and Sarah Gray.
For additional information on the joint venture, please see the Williams press release here.