Baker Botts Represents The Energy & Minerals Group in $460 Million Investment in American Energy Minerals Holdings, LLC

On November 26, 2014, an affiliate of The Energy & Minerals Group, LP (“EMG”) closed on its $460 million equity commitment to American Energy Minerals Holdings, LLC (“AEMN”), an affiliate of American Energy Partners, LP, representing a 92% interest in AEMN. AEMN was formed to pursue a business plan focused on the acquisition of minerals and overriding royalty interests (“ORRIs”) across targeted high-return onshore basins in the United States. An aggregate of $350 million was funded at the initial closing, which will be used to acquire 28,000 net mineral acres and 29,000 acres of ORRIs across the Utica, Marcellus, Woodford and Permian Basin plays as well as to provide AEMN with initial working capital.

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Greenberg Traurig’s Austin Office Expands with Five New Attorneys

Continuing its strategic growth in Texas, the international law firm Greenberg Traurig LLP has added a top-tier team of five attorneys and one director across various practice areas including real estate, energy regulatory, corporate & securities and government law & policy to its Austin office. The team, whose experience further enhances the firm’s highly regarded multi-practice capabilities, includes shareholders Joshua Bernstein, Todd Kimbrough and Elizabeth Rogers along with associates William Teten, Jr. and Katie Van Dyk. Rounding out the group is Government Law & Policy senior director, Dr. Jennifer McEwan.

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Baker Botts Represents Hunt Oil in $278 Million Sale of Assets to Vanguard

Vanguard Natural Resources, LLC today announced it has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids (“NGLs”) assets in North Louisiana and East Texas for a purchase price of $278 million from Hunt Oil Company. The properties consist of approximately 23,000 net acres that are currently producing approximately 17.5 MMcfe per day, with approximately 67% natural gas and 33% oil and NGLs. The effective date of the acquisition is June 1, 2014, and the anticipated closing of the acquisition is on or before October 1, 2014.

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Baker Botts Represents EQT Corporation in $1.18 Billion Sale of Jupiter Gas Gathering System

EQT Corporation (NYSE: EQT) today announced that EQT Midstream Partners, LP (NYSE: EQM) (Partnership) has agreed to acquire EQT’s Jupiter natural gas gathering system (Jupiter) for $1.18 billion. EQT will receive $1.12 billion of cash and $59 million of common and general partner units. The Jupiter system gathers EQT’s Marcellus production in portions of Greene and Washington Counties, Pennsylvania, and consists of approximately 35 miles of natural gas gathering pipeline and approximately 21,300 horsepower of compression. Jupiter has a total of 970 MMcf per day of pipeline capacity and six interconnects with the Partnership’s transmission and storage systems.

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Greenberg Traurig Further Builds Top-Tier Patent Litigation Team, Adds 3 Attorneys from Weil Gotshal in Austin

Having recently added a top-flight patent litigation team from Weil Gotshal in Washington D.C., the international law firm Greenberg Traurig grew both its international technology practice and its Texas platform with the addition of Weil Gotshal senior patent litigators Kevin Kudlac and Amber Lee Hagy as shareholders and attorney Rene Anthony Treviño as of counsel. Kudlac joins the firm today; Hagy and Treviño have announced they will join on December 30. The three had worked closely together and will continue to do so at Greenberg Traurig. The move comes shortly after the firm celebrated its 10th anniversary in Texas, where it maintains a strong presence in Houston, Dallas and Austin.

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Jackson Walker Welcomes Michael Adams

Michael Adams is a partner in the Litigation and Intellectual Property groups at Jackson Walker. For more than 25 years, Mr. Adams has practiced patent, trademark, copyright and trade secret law, with an emphasis on the litigation, procurement, and licensing of intellectual property rights. His practice has focused on those intellectual property issues arising in the following industries: computer, semiconductor, electronics, software, e-commerce and internet. Mr. Adams has participated in patent infringement trials before the U.S. District Courts for the Eastern (Marshall) and Western (Austin) Districts of Texas and the Eastern District of Virginia, and appeals to the U.S. Court of Appeals for the Federal Circuit.

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Procopio Growth Continues; Firm Opens Office in Austin, TX

Procopio is at it again. Just months after opening a new office in the heart of Silicon Valley, Procopio announces the opening of a new office in another key technology center, and a gateway to Latin America – Austin, Texas. To lead the development of the office, Procopio welcomes seasoned international corporate attorney Alejandro Suarez to the firm. With over ten years of experience working in international corporate law, Mr. Suarez’s experience includes structuring and documenting new businesses, mergers, acquisitions and private equity agreements.

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Pirkey Barber Announces New Additions

Austin IP Boutique Pirkey Barber PLLC is pleased to announce the addition of Chris Kindel, Rebecca Younger and Megan Myers. Founded in 2006 by Louis Pirkey, Bill Barber and Steve Meleen, Pirkey Barber has grown to 18 attorneys and supports some of the most recognizable and valuable brands nationally and abroad.

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Baker Botts Represents the Energy & Minerals Group in its Investment in American Energy – Utica, LLC

American Energy – Utica, LLC (“AEU”), an affiliate of American Energy Partners, LP, raised approximately $1.7 billion in private equity commitments and term loan proceeds to pursue a business plan focused on the Utica Shale. AEU’s lead equity investor is The Energy & Minerals Group based in Houston, and additional equity was provided by First Reserve Corporation based in Greenwich, CT and others. The term loan facility was led by GSO Capital Partners based in New York and additional debt investors, including Magnetar Capital and BlackRock, Inc.

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