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Wednesday, June 27, 2012 |
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Gardere Wynne Sewell LLP represented BP America Production Company (NYSE:BP) in its $1.03 billion sale of its interests in Jonah and Pinedale upstream operations in Southwestern Wyoming to LINN Energy, LLC (Nasdaq:LINE) announced on June 25, 2012. Included in the sale are BP's operations center in Sublette County, Wyoming and all of its working interest in a substantial number of operated and non-operated wells that are producing natural gas, natural gas liquids, and oil. Completion of the sale remains subject to customary regulatory approvals and conditions. The acquisition is expected to close in July 2012.
The Gardere team was led by energy mergers and acquisitions partner Douglas K. Eyberg, with assistance from energy partners Timothy M. Spear and Jerry A. DeVault, and associates Eunice Song, Jennifer L. Smith, Khurram Jiwani, Rex G. Baker IV, and Austin Ke. |
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