Paul Hastings LLP, a leading global law firm, announced today that the firm represented Tall Oak Midstream, LLC, an innovative midstream company in an equity commitment of $400 million from private equity firm EnCap Flatrock Midstream and Tall Oak management.
EnCap Flatrock made an initial $100 million commitment to Tall Oak in February and has since made additional commitments totaling $300 million. In addition, Tall Oak recently announced that it has secured a long-term acreage dedication from American Energy – Woodford, LLC (AEW), an affiliate of American Energy Partners, LP (AELP). The dedication spans an area of approximately one million acres in the Central Northern Oklahoma Woodford (CNOW) play. The firm advised Tall Oak Midstream on each of these transactions.
Energy partner Jimmy Vallee led the Paul Hastings team, which also included associate Kim Hicks and Tax partner Greg Nelson.
Paul Hastings’ Houston office also recently advised Atlas Resource Partners, LP in the purchase of substantially all of the assets of GeoMet, Inc., NuStar Logistics in a $300 million public offering and Wells Fargo in a $1.5 billion financing for Legacy Reserves LP.
