Paul Hastings Represents JPMorgan in Connection with Increase and Extension of $2 Billion Credit Facility for Murphy Oil Corporation

Paul Hastings LLP, a leading global law firm, announced today that the firm represented J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, DNB Markets, Inc., RBC Capital Markets and Wells Fargo Securities, LLC, as co-lead arrangers and joint bookrunners, and JPMorgan Chase Bank, N.A., as the administrative agent, in connection with a commitment increase and maturity date extension for the $2 billion revolving credit facility for Murphy Oil Corporation, Canam Offshore Limited and Murphy Oil Company Ltd.

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Bracewell Represents Chesapeake Energy Corp. in Sale of Midstream Assets to MarkWest Energy Partners, SemGroup Corporation

Bracewell & Giuliani LLP represented Chesapeake Energy Corporation in the sale of certain midstream assets in the Anadarko Basin for $245 million to MarkWest Energy Partners. Bracewell is also representing Chesapeake Energy Corporation in the $300 million sale of Mid-America Midstream Gas Services, LLC to SemGroup Corporation.

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Sidley Austin LLP Continues to Expand in Houston with the Hiring of Capital Markets Partner Tim Langenkamp

Sidley Austin LLP announced today that Timothy C. Langenkamp, a capital markets lawyer with extensive experience in energy transactions, has joined the firm as a partner. He is resident in the firm’s Houston office and a member of its Securities/Capital Markets practice group. This addition continues the expansion of Sidley’s Houston office and further enhances the firm’s energy-focused capital markets team.

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Akin Gump Advises Crestwood Midstream Partners in Proposed Merger with Inergy

Akin Gump Strauss Hauer & Feld LLP advised Crestwood Midstream Partners LP regarding a merger agreement announced today with Inergy, L.P. The combined company, with an enterprise value of approximately $7 billion, will provide pipeline and other services in some of North America’s biggest oil and gas drilling areas, including the continent’s premier shale formations. The merger, which the parties currently expect to close in September, is conditioned on approval by a majority of Crestwood’s limited partners.

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Porter Hedges Grows Corporate Practice with New Partner Patrick LaRue

J. Patrick LaRue has joined Porter Hedges as a partner in the Corporate Practice Group. His practice primarily focuses on M&A, corporate governance, private equity and general corporate counseling and advisory services. He represents a wide range of public and private clients and serves as outside general counsel to various organizations in Houston and throughout Texas.

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