Paul Hastings Represents ArcLight Capital Partners in the Sale of Cinco Pipe & Supply, LP

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.

More >>

Tags:  Paul Hastings, LLP | Houston

Simpson Thacher Represents Midstates Petroleum Company, Inc. and Midstates Petroleum Company LLC on the Financing for its Acquisition of Assets from Eagle Energy Production, LLC

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.

More >>

Tags:  Simpson Thacher & Bartlett LLP | Houston

Winstead Welcomes Energy, Environmental and Commercial Litigation Group and Opens New Orleans Office

Law firm Winstead PC has hired an impressive group of energy, environmental, and commercial litigation attorneys, led by Richard (Rick) M. Simses and Paul M. Lavelle, former partners at Beirne, Maynard and Parsons who each have over 30 years of litigation experience, much of which is Louisiana-based. Simses, Charles Miers and Jon Vicklund are joining the firm’s office in The Woodlands, Texas. Lavelle will open the New Orleans Winstead office, serving as its managing shareholder.

More >>

Tags:  Winstead PC | Houston

Shell Represented by Bracewell in $1.9 Billion Purchase of Chesapeake’s Permian Basin Assets

Bracewell & Giuliani LLP is representing SWEPI LP, a subsidiary of Royal Dutch Shell, in its agreement to purchase Chesapeake Energy Corporation’s assets in the southern Delaware Basin portion of the Permian Basin. Shell has agreed to pay Chesapeake $1.9 billion for 618,000 net acres in the Permian Basin that produce approximately 26,000 barrels of oil equivalent per day.

More >>

Tags:  Bracewell LLP | Houston