RAPID RESPONSE DUE DILIGENCE

Transcription

1 RAPID RESPONSE DUE DILIGENCE

2 When your professional reputation is on the line in a merger, acquisition or divestiture of assets, you want the peace of mind that comes from hiring a team of legal professionals who have the experience and expertise Burleson LLP has to offer. With more than 50 attorneys skilled in oil and gas leasehold title, Burleson LLP has the critical mass and unmatched experience required for quick-turnaround due diligence projects in the oil and gas industry. We provide solutions on legal matters that include: Data room analysis of asset packages Buy-side, sell-side due diligence Time sensitive title defect notices Large quantity acquisition title opinions Comprehensive reviews of management, operations, and material contracts Effi cient, turnkey project management Timely progress reporting

3 Whatever the deal, wherever the assets, and whenever the deadline, Burleson s experienced Rapid Response Due Diligence teams deliver reliability, value, confi dence and results everything energy clients expect from a law fi rm where energy truly matters. Burleson drills deep for the right impact, serving buyers, sellers and fi nancial institutions across the industry: Oil and gas operators, Producers Public Companies Private Companies Private Equity Firms Reserve Base Lenders Foreign NOCs Burleson offers full-service management and review of the entire due diligence process, tracking and reporting the process every step of the way. Our teams provide realtime information to buyers and sellers, allowing defects to be identifi ed and resolved before closing. Burleson teams provide buyers and sellers peace of mind knowing the deal will close on time without issues.

4 Distinguishing Experience Represented an E&P company conducting Provided buy-side due diligence counsel for Represented an Independent Producer in Performed the title due diligence on due diligence for oil and gas leasehold title evaluation for a major E&P Company in the $400,000,000 acquisition of interests in an acquisition of producing properties interests valued over $6 billion covering the $600,000,000 acquisition of acreage in Gulf Coast oil and gas fi elds located in Polk and Tyler Counties, Texas lands in the Eagle Ford shale Represented an E&P company conducting due diligence for oil and gas leasehold interests valued over $2.5 billion covering lands in West Texas Represented a major oil and gas producer in a $2.5 billion acquisition by merger of assets located in Texas and Oklahoma Performed time sensitive due diligence title evaluation of multiple high value properties in a $1.3 billion acquisition for a major oil and gas producing company in DeWitt and Karnes Counties, Texas Performed time sensitive due diligence for Fortune 500 oil and gas company in its acquisition by merger of 85,000 net acres of oil and gas assets located in Ohio s Utica Shale totaling approximately $750,000,000 Served as due diligence counsel to a major oil and gas producer in a $700,000,000 acquisition by merger of Utica oil and gas assets Texas Represented a consortium of private equity fi rms purchasing $450,000,000 in senior unsecured notes from an Appalachian E&P company with the proceeds being used to fund the acquisition of more than 100,000 acres of Marcellus and Utica leasehold interests. Performed due diligence relative to existing acreage, acquired acreage, management capabilities, operations and readiness and litigation review Provided due diligence counsel for acreage, operations and litigation review for large alternative asset manager in a $400,000,000 loan for the acquisition of acreage of Marcellus and Utica leasehold interests Represented an independent producer in the purchase and sale agreement and due diligence phase of a $400,000,000 deal in Louisiana involving the acquisition of interests in oil and gas fi elds along the Gulf Coast Performed time sensitive due diligence title evaluation of multiple high value properties for a Fortune 500 oil and gas company it its $225,000,000 acquisition in La Salle County, Texas Due Diligence counsel for title evaluation to Fortune 500 oil and gas company in the $200,000,000 acquisition of multiple high value properties in South Texas Represented a large E&P Company in the $200,000,000 acquisition of Utica acreage, providing due diligence counsel for purchase and sale agreement Represented a mid-size E&P company conducting due diligence for oil and gas leasehold interests valued at $14,000,000 covering lands in West Texas by a privately-owned, independent E&P company. The project covered approximately 40 producing wells and 270 producing leases. The team completed the due diligence and delivered the applicable Title Defect Notices within the required 90 day deadline. Work resulted in signifi cant adjustments to the Base Purchase Price Provided acquisition title opinions to large oil and gas operating company for buyer to evaluate quality and quantity of identifi ed title defects - Deal value undisclosed Represented an independent producer providing acquisition opinions covering 100 producing properties. Deal amount undisclosed Closing a several billion dollar acquisition involving tens of thousands of acres, hundreds of leases, and assets in multiple jurisdictions is a daunting task. Closing multiple transactions in different jurisdictions simultaneously requires expertise, organization, skill, leadership, and bench strength. Burleson LLP has it all.

5 About Burleson LLP Burleson LLP is a full-service corporate law fi rm that serves clients in a diverse range of industries. Although we are known for our expertise in energy and have a presence in every major North American producing region we also represent companies in matters that include litigation, mergers and acquisitions, tax, regulatory, real estate, bankruptcy and restructuring, fi nance, insurance, and labor and employment. With our broad-based corporate capabilities and mid-market rates, Burleson LLP delivers the kind of high-quality, high-value, highly effi cient legal services demanded by businesses in and out of the energy industry. Contacts Michael S. Browning Rick Burleson John Chadd Kevin Colosimo Houston Denver New Orleans San Antonio Pittsburgh