
TRANSACTIONS
We have extensive experience in the acquisition and divestiture of oil and gas and other mineral assets, including pipelines and the due diligence associated therewith. We have represented both sellers and buyers with respect to the sale of both producing and non-producing (undeveloped acreage) oil and gas, coal and salt property sales and acquisitions in transactions ranging from under a million to well over a billion dollars in value. The assets involved in such transactions have been located in Texas, New Mexico, Oklahoma, Louisiana, West Virginia, the Gulf of Mexico, South America, Africa and Australia, and the firm’s clients have ranged from large companies like Pennzoil, Amoco/BP, Marathon, and Forest Oil to smaller companies like Goodrich Petroleum, Moran Resources, Forcenergy, John H. Young, Inc. and others. Such representation has also involved the sale/purchase of many pipeline systems for the foregoing clients and others, including both intrastate and interstate lines, and the due diligence associated therewith. We also have extensive experience in the drafting and negotiation of all types of oil and gas operations including drilling contracts, seismic agreements, producing stay agreements, gas contracts and transportation agreements and various other types of agreements utilized in the oil and gas industry.