Affirmance by State Appellate Court of $742 Million Verdict
In breach of merger agreement between energy companies, obtained $742 million verdict and affirmance of same on appeal to state appellate court.
Successful Trial Court and Appellate Representation Against MMS
Successfully handled trial court and subsequent appeal in matter involving Mineral Management Services, obtaining a favorable en banc decision for client in Circuit Court of Appeals.
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.