Oklahoma City-based SandRidge Energy Inc. has agreed to pay a $1.4 million fine after the U.S. Securities and Exchange Commission accused the bankrupt oil and gas company of firing an
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Three TX Firms Close $392M Upstream IPO, Start on Another
Associates and partners across Texas law firms are feeling the holiday cheer as year-end bonuses hit their paychecks or firmwide profits get distributed. A group of lawyers from Vinson & Elkins, Latham & Watkins and Andrews Kurth Kenyon might be hearing the holiday bells ringing just a little louder with a $392 million IPO that closed Monday for a Houston upstream company and a new IPO filing for a Denver-based company that could raise $100 million – if not more.
Houston Chronicle Publishes In-depth Profile of Texas AG Ken Paxton
Ken Paxton has spent more than two years fighting alleged regulatory overreach by the Obama administration and against allegations that he violated state and federal securities laws. The Texas AG is famous for building walls blocking out the news media. He has been known to duck out back doors at events, walk away from reporters asking about his court case and once even leaked a story accusing a reporter of stalking him.
Now, he’s talking. Why? The Houston Chronicle has the story.
Texas “Significant Factor” in Sutherland & Eversheds Joining Forces
Leaders for Sutherland Asbill & Brennan, which has 22 lawyers in Houston and nine in Austin, says that its Texas operations are a key reason that London-based Eversheds decided to merge operations with the Atlanta-based law firm. The Texas Lawbook scored an exclusive interview with Sutherland Managing Partner Mark Wasserman, who says the two firms serve several mutual clients that are either headquartered in Texas or have major operations in the state.
Texas “Significant Factor” in Sutherland & Eversheds Joining Forces
Leaders for Sutherland Asbill & Brennan, which has 22 lawyers in Houston and nine in Austin, says that its Texas operations are a key reason that London-based Eversheds decided to merge operations with the Atlanta-based law firm. The Texas Lawbook scored an exclusive interview with Sutherland Managing Partner Mark Wasserman, who says the two firms serve several mutual clients that are either headquartered in Texas or have major operations in the state.
Akin Gump and V&E Work on $2.43B Reeves, Pecos Counties Assets Deal
Boone Pickens isn’t the only person to recently grace the tiny town of Pecos with his presence in search of some oil. Midland-based Diamondback Energy said Wednesday that it is purchasing $2.43 billion worth of assets in West Texas’ Reeves and Pecos counties from Brigham Resources Operating and Brigham Resources Midstream.
Akin Gump and V&E Work on $2.43B Reeves, Pecos Counties Assets Deal
Boone Pickens isn’t the only person to recently grace the tiny town of Pecos with his presence in search of some oil. Midland-based Diamondback Energy said Wednesday that it is purchasing $2.43 billion worth of assets in West Texas’ Reeves and Pecos counties from Brigham Resources Operating and Brigham Resources Midstream.
V&E Advises in $1.76B Oilfield Services Merger
Houston-based Patterson-UTI Energy has agreed to acquire Oklahoma City-based Seventy Seven Energy in an all-stock transaction valued at $1.76 billion, which will continue Patterson-UTI’s momentum as one of the leading high-spec oil rig makers in the country, the companies said this week.
V&E Advises in $1.76B Oilfield Services Merger
Houston-based Patterson-UTI Energy has agreed to acquire Oklahoma City-based Seventy Seven Energy in an all-stock transaction valued at $1.76 billion, which will continue Patterson-UTI’s momentum as one of the leading high-spec oil rig makers in the country, the companies said this week.
T&K Closes Two Mexico Energy Reform Bids
Lawyers from Thompson & Knight’s Dallas and Mexico offices recently worked on some of the most historic and highly-anticipated deals in Mexico in wake of the country’s 2013 energy reforms. One was for BHP Billiton, which won the right from Petróleos Mexicanos (Pemex) to develop the Trion field in the Gulf of Mexico. The other was for China Offshore Oil Corporation E&P Mexico’s (CNOOC) obtainment of two license agreements from the National Hydrocarbons Commission in the oil-rich Perdido Basin.