Obtained Plaintiffs’ Verdict in Excess of $100 Million
Successfully brought class action against utility company, obtaining trial verdict in excess of $100 million and successfully handled appeal which was affirmed by Arkansas Supreme Court.
Crude Oil Pipeline Transaction
Represented a client involving a Texas crude oil pipeline and related assets owned by an entity in which the client has a 50% interest. The client bought a crude oil pipeline system in the Houston Gulf Coast area and also consented to the transfer of the other 50% interest to another owner in a transaction valued at over $1 billion
$1.5 Billion Credit Agreement
The firm represented WPX Energy, Inc. in connection with the amendment and restatement of its $1.5 billion senior revolving credit facility, including letter of credit and swingline subfacilities and an accordion feature allowing for an increase of an additional $300 million.
$90 Million Acquisition of Producing Oil and Gas Properties
A Houston-based client was represented by GableGotwals in the purchase of producing oil and gas properties and undeveloped leasehold in Western Oklahoma.
Acquisition of $160 Million Properties
GableGotwals represented an Oklahoma-based client in the $160 million purchase of producing oil and gas properties and undeveloped leasehold in the Oklahoma and Texas panhandle region.
Loan to MLP Executives
The Firm represented a lender in a series of multiple loans to MLP executives for the purpose of acquiring additional LLC units in the MLP’s general partner; representation has included documenting and perfecting the lender’s security interest in the general partner units.
Loan to Oil and Gas Producer
Represented the lender in connection with a term and revolving loan to a private exploration and production company in the aggregate about of approximately $40,000,000. The loan partially funded the acquisition of Exploration and Pipeline properties in Kansas and Oklahoma; negotiated and documented the facility (including preparing and filing oil and gas mortgages in multiple counties in Oklahoma and Kansas).
Syndicated Energy Facility
GableGotwals advised the successor agent bank in connection with a $115,000,000 syndicated credit facility to a privately held midstream energy company.