© 2017 The Texas Lawbook.
By Natalie Posgate
(May 11) – A group of lawyers from Andrews Kurth Kenyon and Bracewell said Wednesday that they handled Tokyo Gas America’s first investment in a U.S. upstream company.
In the transaction, Tokyo Gas purchased a 30 percent stake in Castleton Commodities International’s subsidiary, Castleton Resources, which focuses on the acquisition and development of oil and gas assets in the East Texas and Louisiana regions of the Haynesville Shale.
Tokyo Gas America hired Andrews Kurth Kenyon’s Hal Haltom to handle its end of the deal. The Houston-based deal team included partners Mark Young, Chris Richardson, Allison Mantor, Matt Grunert and associates Ashley Muehlerger, Emmie Gooch, Ming Lei, Parker Lee, Elizabeth Cone, Michael Hoffman, Brett Reamer, Kayleigh McNelis, Jocelyn Tau and Marshall Horton.
Castleton hired Houston partner Jason Jean to handle its end of the deal. The Houston-based Bracewell deal team also included partners Alan Rafte, Dale Smith, Rebecca Baker, Cle Dade, Bruce Jocz; senior counsel Allison Perry; and associates Derek Speck, Will Thanheiser and Kathy Witty Medford. The firm’s New York office also worked on the transaction.
Financial terms of the transaction, which closed on Monday, were undisclosed.
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