Chambers Review
Provided by Chambers
Energy: Oil & Gas (Transactional) - USA
What the Team is Known For
Porter Hedges LLP offers a robust oil and gas transactional team with experience in upstream and midstream deals. It is particularly knowledgeable in the sale and disposition of US shale assets as well as on joint venture structuring and deal financing. The firm is also active on farm-out and participation agreement negotiations. It possesses the capacity to advise debtors, creditors and bidders in connection with sales of oil and gas assets in the context of bankruptcy proceedings.
Strengths
"Porter Hedges has strong knowledge on the subject matter and a no-nonsense approach to effectively guiding negotiations."
"Porter Hedges houses lawyers who understand the industry and stay on top of trends and legal issues facing the industry."
"I have always been impressed with Porter Hedges' responsiveness and attention to getting us answers quickly."
Work Highlights
Porter Hedges LLP represented Ascent Resources in the closing of a bolt-on acquisition with XTO Energy for a total purchase price of $270 million.
Notable practitioners
Michael Byrd focuses on upstream mergers and acquisitions as part of a robust oil and gas transactional practice.
"Michael Byrd is a great practitioner. He is very pragmatic and practical."
Jeremy Mouton specializes in upstream transactions and can assist clients with a broad array of matters, including asset sales and dispositions, commercial agreements and mineral rights acquisitions.
"Jeremy is technically good. He is a problem-solver."
"Jeremy Mouton is very attentive to his client's needs."
"Jeremy is so strong across the board."
Randall King is cochair of the firm's energy practice. He has a comprehensive transactional offering including expertise in upstream and midstream acquisitions and dispositions, as well as a range of commercial agreements.