Porter Hedges represented Cameron International Corporation (“Cameron”) in an agreement announced today to acquire the drilling equipment business of TTS Energy Division from TTS Group ASA (Oslo Stock Exchange) in an all cash transaction valued at $270 million. The deal is expected to close in mid-2012, subject to customary closing conditions, including review and approval by the Norwegian Competition Authorities (NCA).

Bracewell & Giuliani represented Chesapeake Energy Corporation (NYSE: CHK) in connection with a $1.25 billion joint venture with a group of investors consisting of GSO Capital Partners LP, TPG Capital, L.P., Magnetar Capital and EIG Global Energy Partners.

International law firm Weil, Gotshal & Manges LLP announced today that Garland T. Stephens has re-joined the Firm as partner in its Patent Litigation practice in Houston. Mr. Stephens is widely known for his top-notch trial work on patent and trade secret cases in the technology sector.

Porter Hedges represented SeqWright Inc. (and its parent, BioWright Holdings, Inc.) in its sale to GE Healthcare, a unit of GE (NYSE: GE), for an undisclosed amount.

Jackson Walker L.L.P. represented J.B. Poindexter & Co., Inc. in the successful completion of a $200 million 144A/Reg. S senior debt offering on April 2, 2012. Houston-based J.B. Poindexter also purchased in a tender offer a portion of its outstanding notes due March 2014 and called for redemption the remaining outstanding portion.

The energy law firm of Burleson LLP announced today that it represented Wheatland Oil, Inc. in a $340 million transaction to sell assets in the Bakken shale play to Continental Resources, Inc. (NYSE: CLR).

John K. Arnold has joined Winstead PC and will work as a shareholder in the energy and environmental law practice group. Arnold is recognized as an expert in energy regulatory matters before the Texas Public Utility Commission and the Railroad Commission of Texas, as well as other state and federal agencies. He previously worked as a partner at Locke Lord LLP’s Houston Office.

The law firm of Thompson & Knight LLP is pleased to announce the addition of Bryan K. Brown as a Partner in the Firm’s Houston office.

Gardere Wynne Sewell LLP represented BP America Production Company (NYSE:BP) in its $1.2 billion sale of Hugoton Basin properties to an affiliate of LINN Energy, LLC (Nasdaq:LINE) in a transaction that was signed Feb. 28, 2012. Included in the sale are the Jayhawk gas processing plant located in Hugoton, Kansas and BP’s interest in approximately 2,400 wells in the Hugoton natural gas field. Completion of the sale remains subject to customary regulatory approvals and conditions. The acquisition is expected to close in March 2012.