C Randall King

Practice Areas

Randy King is a former Co-Chair of the firm’s Energy Section. His practice focuses on a wide range of energy-related transactions and projects located onshore, offshore, upstream, midstream, and internationally, including:

Acquisitions, divestitures, construction, and financing of pipelines, gathering systems, and storage facilities for natural gas, crude oil, condensate, natural gas liquids, and LNG

Acquisitions and divestitures of producing and non-producing oil and gas properties

Oil and gas joint ventures and exploration and development programs

Exploration and development project agreements, including joint operating agreements and COPAS accounting procedures

Natural gas purchase, sales, and marketing agreements; NAESB agreements

Natural gas processing and treating agreements, oil and gas transportation agreements, natural gas storage agreements, natural gas supply agreements

Operating and maintenance agreements for mid-stream facilities

Production handling agreements

Master service agreements and IADC drilling contracts

Hedging, derivative, swap, and ISDA agreements

Credit support annexes, cash collateral agreements, and letters of credit

Master setoff and netting agreements

Reserve-based and mezzanine oil and gas producer and mid-stream financings

Seismic data licenses and acquisition agreements

Randy has been a Certified Professional Landman since 1984. He has been recognized by Houston Business Journal's "Who's Who in Energy."

Professional Memberships

Houston Bar Association, Member of the Oil, Gas and Mineral Law Section

State Bar of Texas, Member

Texas Bar Foundation, Life Fellow

Houston Association of Petroleum Landmen, Member

American Association of Petroleum Landmen, Member

Certified Professional Landman

Association of International Petroleum Negotiators (AIPN), Member

Career

Prior to becoming a lawyer, Randy spent 13 years practicing as an independent petroleum landman. His experience included negotiating oil and gas leases, title examination, structuring oil and gas property acquisitions, and exploration transactions.

Experience

Randy’s representations include the following:

● A large US-based exploration company in a major Marcellus Shale 15-year development project with another

US-based company.

● A Canada-based exploration and production company in a joint venture with a Norway-based exploration

and production company in a major Eagle Ford Shale development project.

● A major natural gas storage company regarding numerous acquisitions, construction, and operation of

natural gas storage projects in depleted reservoirs, salt domes, and other storage matrices, including the

purchase of the Katy Gas Storage Facility (Texas), the Freebird Gas Storage Facility (Alabama), and the

Caledonia Gas Storage Facility (Mississippi).

● A US exploration company in an approximate $300 million acquisition of a Permian Basin resource trend

acreage from a private US seller.

● A US exploration and production company in a joint venture to develop natural gas and condensate

midstream projects with a large US midstream company in the Haynesville and Eagle Ford Shale plays.

● A large US-based exploration company in a deepwater Gulf of Mexico project to "tie back" oil and gas

production from Big Bend and Dantzler projects to a Thunder Hawk floating production facility.

● A large US-based exploration company in deepwater Gulf of Mexico project to "tie back" oil and gas

production from a Gunflint project to the Gulfstar One floating production system.

● A Spain-based company in the greenfield development of a natural gas storage facility in the US.

● A Canada-based company in the greenfield connection of its Eagle Ford oil and gas production with

numerous gas, crude, and condensate transporters, processors, and fractionations.

● Japanese banks investing in a project to add liquefaction to an existing regasification plant on the Texas coast.

Education

Awards