• Subscribe
  • Log In
  • Sign up for email updates
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Texas Lawbook

Free Speech, Due Process and Trial by Jury

  • Appellate
  • Bankruptcy
  • Commercial Litigation
  • Corp. Deal Tracker/M&A
  • GCs/Corp. Legal Depts.
  • Firm Management
  • White-Collar/Regulatory
  • Pro Bono/Public Service/D&I

Frost Brown Todd, Latham, Thompson & Knight and V&E Advise in $2B Permian Deal

April 18, 2017 Mark Curriden

© 2017 The Texas Lawbook.

By Natalie Posgate

(April 18) – A slew of Texas-based attorneys from four law firms worked on Blackstone Energy Partners’ $2 billion purchase of EagleClaw, the largest privately-held midstream operator in the Permian’s Delaware Basin in West Texas.

Midland-based EagleClaw turned to Dallas partner Edward Moore of Frost Brown Todd to lead its end of the deal.

Edward Moore

Moore has represented EagleClaw since its inception, when it got backed by EnCap Flatrock Midstream in 2012 with an initial $100 million equity commitment. Since then, Moore has represented EagleClaw in its December 2014 purchase of Delaware Basin midstream assets from BHP Billiton and its August 2016 acquisition of PennTex Permian.

The Frost Brown Todd team for the current deal also included associates from the firm’s Pittsburgh and Nashville offices.

EnCap, which serves as EagleClaw’s financial sponsor, hired Thompson & Knight partner Sarah McLean to lead its end of the transaction. McLean, who divides her time between the firm’s Houston and Austin offices, also received assistance from Houston partner Todd Lowther, Dallas/Fort Worth partner Wes Williams, Dallas associate Nathan Meredith and Houston associate Monica Raspino.

Blackstone hired Houston corporate partners Keith Fullenweider and Bryan Loocke and associates Peter Marshall and Aaron Carpenter to handle its end of the deal. The V&E deal team also included tax partner John Lynch and finance partner Mark Brazzil.

Both parties turned to Houston bankers for financial advice. EagleClaw hired Peter Bowden, co-head of energy investment banking at Jeffries. Blackstone hired Morgan Stanley’s Trevor Heinzinger and Intrepid Partners founder Skip McGee.

Jeffries hired Houston Latham & Watkins partner Michael Chambers and an attorney from the firm’s New York office to lead its involvement in the deal. Other Houston attorneys on the Latham deal team were counsel Pamela Kellet and associates Annie Kwan and Alice Parker.

Before beginning his energy banking boutique, Inteprid Partners, McGee was a top executive at Barclays and Lehman Brothers. He has advised on numerous mega-deals, including Energy Transfer’s proposed $38 billion acquisition of Williams, Kinder Morgan’s $21 billion acquisition of El Paso Energy and Exxon Mobil’s $41 billion acquisition of XTO Energy. Thus, he has previously worked with some of the lawyers on the current transaction numerous times before.

Fullenweider and Lynch were on the Kinder Morgan-El Paso deal. Though led by different partners, the Latham deal team on the proposed ETE-Williams merger included Kellet.

The all-cash transaction is expected to close by the end of July. Once it does, EagleClaw will retain its name and operate as a Blackstone portfolio company.

© 2017 The Texas Lawbook. Content of The Texas Lawbook is controlled and protected by specific licensing agreements with our subscribers and under federal copyright laws. Any distribution of this content without the consent of The Texas Lawbook is prohibited.

If you see any inaccuracy in any article in The Texas Lawbook, please contact us. Our goal is content that is 100% true and accurate. Thank you.

Mark Curriden

Mark Curriden is a lawyer/journalist and founder of The Texas Lawbook. In addition, he is a contributing legal correspondent for The Dallas Morning News.

View Mark’s articles

Email Mark

©2025 The Texas Lawbook.

Content of The Texas Lawbook is controlled and protected by specific licensing agreements with our subscribers and under federal copyright laws. Any distribution of this content without the consent of The Texas Lawbook is prohibited.

If you see any inaccuracy in any article in The Texas Lawbook, please contact us. Our goal is content that is 100% true and accurate. Thank you.

Primary Sidebar

Recent Stories

  • P.S. — Pro Bono Work Honored at State Bar of Texas Annual Meeting
  • Dr Pepper Gets Win Ending $1B Distribution Rights Fight
  • Complications for ‘Die Hard’ Star’s Flight That Netted $1M Award Mostly Upheld by Fourth Court of Appeals
  • DOJ, Boeing Respond to 737 Max Settlement Objections 
  • Merit Street Media Hires Sidley to Lead Bankruptcy

Footer

Who We Are

  • About Us
  • Our Team
  • Contact Us
  • Submit a News Tip

Stay Connected

  • Sign up for email updates
  • Article Submission Guidelines
  • Premium Subscriber Editorial Calendar

Our Partners

  • The Dallas Morning News
The Texas Lawbook logo

1409 Botham Jean Blvd.
Unit 811
Dallas, TX 75215

214.232.6783

© Copyright 2025 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.