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.
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.
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.
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).
GableGotwals advised the successor agent bank in connection with a $115,000,000 syndicated credit facility to a privately held midstream energy company.
The lender was advised by GableGotwals on two revolving credit facilities in an aggregate amount of $7,000,000 to a privately held energy services company secured by real property and related assets in Kansas.
The Firm represented Mid-Con Energy Partners, LP in the registration of its limited partnership units with the Securities and Exchange Commission and listing on the NASDAQ Global Market. The Firm led the successful initial public offering of 5,400,000 units and the exercise in full of the underwriters’ over-allotment option to
GableGotwals represented an oil and gas company borrower in the negotiation and closing of a $100 million credit facility secured by oil and gas properties in other states.
The Firm represented ONEOK Partners, L.P. in the negotiation and documentation of its new $1.2 billion unsecured revolving credit facility extended by a group of lenders.