Bracewell & Giuliani LLP represented Evercore Partners, advisor to Targa Resources Partners LP, regarding Targa Resources Partners’ acquisition of 100% of Saddle Butte Pipeline, LLC’s ownership of its Williston Basin crude oil pipeline and terminal system and its natural gas gathering and processing operations for cash consideration of $950 million, subject to customary purchase price adjustments and certain contingent payments.

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The Firm is representing Blackstone Energy Partners in the announced formation of a long-term, strategic partnership with LLOG Exploration Company L.L.C. (“LLOG”) to invest over $1.2 billion to expand and accelerate LLOG’s offshore operations in the Gulf of Mexico. The partnership will provide funds to expedite the development of LLOG’s four recent deepwater discoveries as well as the exploration and appraisal of its extensive prospect inventory, which includes over 110 offshore leases. This strategic partnership is the largest private equity financing executed in the Gulf of Mexico to date.

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Bracewell & Giuliani LLP represented Ursa Resources Group II LLC (Ursa) in its purchase of pipeline and gas assets in Colorado’s Piceance Basin from Antero Resources Corp. Ursa agreed to pay approximately $325 million for the assets, which include 61,000 net acres of leasehold and 30 miles of gathering pipeline in western Colorado.

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The Ajamie legal team designed and negotiated a global resolution of multi-jurisdictional disputes in the United States and Mexico involving over 35 corporate entities and individuals and 40 civil proceedings in federal and state court in the U.S., in federal and state court in Mexico, and in civil arbitration proceedings before CANACO in Mexico.

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Williams Partners L.P. (NYSE:WPZ) has entered into a contribution agreement to acquire from The Williams Companies, Inc. (NYSE:WMB) 100% of the membership interests in Williams Olefins L.L.C. (“Williams Olefins”) for approximately $2.4 billion.

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Jackson Walker recently assisted its client, QSpex Technologies, Inc., in completing a $6 million venture debt transaction with Silicon Valley Bank.

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BakerHostetler announced today that Ed Friedman has joined the firm’s Employment and Labor Group as Partner in its Houston office. He comes to BakerHostetler from Locke Lord LLP.

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McGuireWoods LLP announced the addition of Jeffrey A. Gollomp and Bryce D. Linsenmayer, who have joined the firm’s energy team in Houston as partners.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented ArcLight Capital Partners, an energy focused private equity firm, and its affiliates, in the sale of Cinco Pipe & Supply, LP, a distributor of oil country tubular goods and related services, to Mitsui & Co. (U.S.A.), Inc. for $65 million in cash and the payment of $82 million of Cinco’s indebtedness.

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Simpson Thacher recently represented Midstates Petroleum Company, Inc. (“Midstates”) and Midstates Petroleum Company LLC in connection with the financing of its acquisition (the “Acquisition”) of certain interests in producing oil and natural gas assets, unevaluated leasehold acreage and related hedging instruments from Eagle Energy Production LLC (“Eagle”) for $650 million in cash and stock. Eagle is an independent energy company focused on exploration and development of oil and natural gas properties, with a focus on the Mississippian Lime formation in northwestern Oklahoma and southern Kansas.

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