Claire Poole

Some familiar names were involved in the announcement late Monday of the acquisition of some West Texas assets from Forge Energy by Oasis Petroleum. The Texas Lawbook has those names involved in the deal that came with a nearly $1 billion price tag.

A $7 billion fund formation led a post-holiday surge in transactions that also included a $285 million pickup of Linn Energy assets, a massive flatbed truck company deal and the $800 purchase of a micro-optic security technology developer. Claire Poole has the details of those deals and others in The Texas Lawbook.

Locke Lord partner Steve Jacobs snagged a big real estate deal this week, serving as local counsel for Brookfield Property Partners on its purchase of the Houston Center office-and-retail complex downtown from J.P. Morgan Asset Management.

Deals involving Royal Dutch Shell and Austin-based Bazaarvoice brightened an otherwise dull $1.8 billion week in Texas deal-making. Claire Poole has the names and the numbers behind the deals in The Texas Lawbook.

A large oil and gas merger and some good-sized asset deals kept activity chugging during Thanksgiving Week, with seven deals announced worth $3.85 billion, versus eight transactions valued at $11.05 billion the previous week. Eight law firms and 76 Texas lawyers were involved, compared with nine firms and 62 Texas attorneys the previous week. The Texas Lawbook has the names and the numbers behind the numbers.

Leaders at Tacos Energy and Stone Energy say their combination will create a top offshore-focused exploration and production company with an initial equity market capitalization of $1.9 billion and an enterprise value of $2.5 billion. 

The corporate deal world in Texas saw fewer transactions the week before Thanksgiving, but capital markets activity caused deal value for Nov. 13-20 to jump to $11.05 billion. Activity ranged from private equity commitments and exits to a slew of public notes offerings as Wall Street marches toward year-end.

The biggest deal transaction of the week was Marathon Petroleum’s $8.1 billion asset drop-down to affiliate MPLX followed by Energy Transfer Partners’ $1.5 billion sale of preferred units. Baker Botts’ Josh Davidson led three of the transactions. The Texas Lawbook has all the names and details.

Deal activity – led by Noble Energy’s $608 million property sale to SRC Energy and BlackRock fund’s $600 million pipeline acquisition from NGL Energy Partners and SemGroup – was strong last week. There were 10 transactions between Nov. 6 and Nov. 13, which is down 33 percent from the week before, but total deal value jump to $2.7 billion – up from $2.38 billion the week before. The Texas Lawbook has all the deals and the legal and financial advisers who handled those transactions.

SandRidge Energy announced Wednesday that it has agreed to acquire Bonanza Creek Energy for $746 million. Both companies had emerged from bankruptcies filed last year. Claire Poole has details of the deal and the names of the lawyers who advised them.