GableGotwals represented OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, as sole and lead counsel in two new unsecured five-year revolving credit facilities with a combined borrowing capacity of $1.1 billion.
House Bill 2730 goes into effect on January 1, 2022. Here’s what you need to know.
GableGotwals is pleased to announce six new associates, five of which are females, who joined the Firm in Oklahoma City and Tulsa.
GableGotwals obtained an Opinion from the Oklahoma Supreme Court affirming denial of a motion for temporary injunction in a matter filed pursuant to the Oklahoma Surface Damages Act. The oil and gas operator, represented by GableGotwals, was authorized to proceed with drilling its wells over the objection of a landowner claiming municipal zoning ordinances prevented the drilling. The District Court denied the landowner’s motion for temporary injunction, and the Oklahoma Supreme Court affirmed after the landowner was granted an emergency injunction to stop the drilling. The Oklahoma Supreme Court further ordered that the operator could collect on the landowner’s posted bond.
GableGotwals advised Magellan Midstream Partners, L.P. in its $435 million sale of 26 refined petroleum products terminals located primarily in the southeastern U.S.
GableGotwals served as legal counsel to Magellan Midstream Partners, L.P. in connection with its agreement, announced January 21, 2020, to sell three marine terminals located in New Haven, Connecticut, Wilmington, Delaware and Marrero, Louisiana to Buckeye Partners, L.P. for $250 million.
Join members of the GableGotwals' Energy Practice Group for our virtual and complimentary Annual Energy Seminar discussing recent legal and business developments affecting the energy industry.