Distressed Oil & Gas: The Houston Perspective
April.20.2016
Joe Roger
Partner
Houston
Joe focuses his practice on energy and infrastructure transactions, advising a broad range of clients in transactional matters across key areas of the value chain, including upstream, midstream and downstream oil & gas, LNG, oilfield services, renewables, district energy systems, environmental services, and industrial services.
He has a particular focus on mergers, acquisitions and divestitures, joint ventures, private equity investments and project development. He regularly represents multinational energy companies, large private equity funds, project developers, pipeline companies, oilfield service and equipment companies, environmental services companies and industrial services companies, among others.
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Mergers, Acquisitions and Divestitures
- An energy company in a $900 million divestiture of it interest in Bakken oil & gas assets in North Dakota and Montana.
- An energy company in its acquisition of an interest in 12 utility-scale solar and energy storage projects located in Texas, Nevada, Oregon, Wyoming and Virginia.
- An energy company in the exchange of oil & gas assets in the Permian Basin.
- A water management, waste management and energy services company in the acquisition of a meter-reading services company.
- An energy company in its acquisition of an interest in the Gill Ranch natural gas storage facility in California.
- A water management, waste management and energy services company in the $250 million acquisition of the Gum Springs hazardous waste facility in Arkansas.
- An energy company in a $325 million divestiture of its interest in Eagle Ford shale oil & gas assets in Texas.
- A water management, waste management and energy services company in the $1.25 billion divestiture of its U.S. district energy business.
- An energy company in its $965 million acquisition of an interest in the Caesar Tonga oil field in the U.S. Gulf of Mexico.
- An energy company in the divestiture of its interest in the Chinook oil field in the U.S. Gulf of Mexico.
- An energy company in its $339 million acquisition of a 40% interest in the North Platte discovery in the U.S. Gulf of Mexico from Cobalt International Energy.
- An energy company in its acquisition of an interest in Austin Chalk oil & gas assets in Louisiana.
- A water management, waste management and energy services company in a $120 million divestiture of its U.S. industrial cleaning business.
- An energy company in a divestiture of its interest in a joint venture to develop oil shale assets in Utah.
- An energy company in a $407 million disposition of Marcellus upstream and midstream oil & gas assets.
- An energy company in an acquisition of Eagle Ford upstream and midstream oil & gas assets.
- An energy company in the nearly $900 million divestiture of its Malaysian oil & gas exploration and production business, comprising interests in nine offshore blocks.
- An energy company in a $394 million divestiture of Marcellus upstream and midstream oil & gas assets.
- An energy company in a $446 million acquisition of Haynesville and Bossier upstream and midstream oil & gas assets.
- An energy company in a $400 million divestiture of Texas Panhandle upstream oil & gas assets.
- An energy company in a $335 million acquisition of Haynesville and Bossier upstream and midstream oil & gas assets.
- An energy company in a $325 million divestiture of Permian Basin upstream oil & gas assets.
- A private equity investor in the acquisition of an interest in Delaware Basin upstream oil & gas assets.
- An energy-focused private equity fund in the disposition of its interest in the interstate Arkoma Connector Pipeline in Oklahoma.
- An energy company in a $400 million divestiture of its interest in Cardinal Gas Services, a Utica gas gathering and processing joint venture.
- An energy company in a $1.2 billion divestiture of its interest in the Seaway Crude Pipeline System.
- An energy company in an acquisition of a natural gas storage facility in Mississippi and associated pipelines.
- An international oilfield services company in an acquisition of an oilfield technology company.
- A marine construction company in its merger with an international marine contractor valued at approximately $650 million.
- An international oilfield services company in an acquisition of a wireline and well intervention services company.
Joint Ventures and Project Development
- An energy company in a joint venture for the development of 12 utility-scale solar and energy projects of 1.6 GW cumulative capacity located in Texas, Nevada, Oregon, Wyoming and Virginia.
- An energy-focused private equity fund in the formation of a joint venture to develop, construct and operate gathering and processing facilities in the Delaware Basin.
- A large utility as the sponsor in the formation of a joint venture to develop, construct and operate an LNG liquefaction project in Cameron Parish, Louisiana.
- An energy company in a joint venture for the development of Eagle Ford oil & gas assets.
- An energy company in the formation of a joint venture to optimize capacity at natural gas storage facilities.
- An energy company in a joint venture for the development of Marcellus oil & gas assets.
- An energy company in a joint venture for the development of Haynesville oil & gas assets.
- An energy company in a joint venture for the development of oil shale assets in Utah.
- An energy company in a joint venture for the development of Haynesville, Bossier and Cotton Valley gas gathering and treating systems.
- An energy company in a joint venture for the development of Marcellus oil & gas assets.
