Q&A with Katten Dealmaker Wade Glover
The Texas Lawbook visited with Glover about what kinds of deals he is seeing in the middle market, how his practice has evolved since making partner and the future of rep and warranty insurance.
Two Billion-Dollar-Plus Deals in the Oil Patch
Two big deals in the oil patch may signify that the recent bump in oil prices is being taken seriously by both sellers and buyers. Pioneer Natural Resources announced a $3.25 billion sale of assets in the Delaware Basin to Continental Resources. Elsewhere Southwestern Energy agreed to buy GEP Haynesville from Blackstone for $1.85 billion. Claire Poole has the details and the names of the lawyers involved.
CDT Roundup: 21 Deals, 15 Firms, 218 Lawyers, $10.4B
ESG is gaining the same kind of investment cachet that socially responsible investing did in the 60s. And according to the data firm Preqin, that cachet has reached a noticeable level of demand from investors — to the tune of $3.1 trillion in capital assets managed by firms committed to ESG investing. More on that and last week's Texas transactions in the CDT Roundup.
CDT Roundup: 21 Deals, 15 Firms, 222 Lawyers, $18.7B
With oil prices up 40% since spring, it's not surprising that there is modest optimism among O&G industry watchers that producers will see increases in borrowing strength in both the credit and exchange markets. The 14th edition of Haynes and Boone's Borrowing Base Redeterminations Survey predicts as much, but with some surprising differences between producers and bankers. The CDT Roundup has those details, as well as last week's deals.
Crestwood Buys Oasis Midstream in $1.8B Deal
Baker Botts led the deal for Crestwood while V&E represented Oasis. Claire Poole has the nuts and bolts of the deal and names of the lawyers involved.
Dealogic: Kirkland, V&E, Gibson, Weil Led Hot Q3 Texas M&A
Editor's Note: Multiple law firms contacted The Texas Lawbook this week stating that the Dealogic data provided to The Lawbook under-reported the number of transactions they worked on during the third quarter of 2021. We have forwarded those concerns to Dealogic, which has promised to provide updated data. As soon as The Lawbook receives the data, we will publish it immediately. The Lawbook apologizes for any confusion.
In a quarter that saw more mergers and acquisitions than any three-month period in the past seven years, five law firms represented clients in 10 or more M&A transactions in which the buyers, sellers or targets were headquartered in Texas, according to Dealogic, an independent research firm that provides M&A data on Texas-based companies exclusively to The Texas Lawbook. Guess who is No. 1 ... again...
Rising Oil Prices and M&A: “It Looks Like a Very Busy Fourth Quarter”
West Texas Crude, which was barely over $60 per barrel as recently as August, is hovering over $80 this week. The rise has been steady enough and it's certainly stirred the M&A market. But can it be trusted? We have no idea. So our Claire Poole asked a few of her trusted experts.
Photo: Dallas Business Journal
The Carbon Capture Opportunity for Midstreamers
The transition to a net-zero energy marketplace is an unprecedented investment opportunity for midstream operators and energy infrastructure stakeholders who are willing to rise to the challenge. But there are a number of commercial and legal considerations for stakeholders pursuing CCUS projects.
