“Corp. Deal Tracker Weekly Roundup: 80 Texas Lawyers Worked on $4.88B in M&A Deals & Security Offerings”
Deals are starting to heat up in Texas now that summer is officially over, from asset sales to private equity investments to IPO’s to debt offerings, all in the energy sector.
Halcón handles Bakken sale in-house with assist from T&K
Onetime bankrupt Halcón Resources of Houston also made progress on asset sales, announcing Sept. 20 that it had shed its remaining non-operated properties in the Rockies’ Bakken Shale to an unnamed buyer for $104 million.
Halcón chief legal officer David Elkouri said the company handled most of the details in-house, with associate general Kason Kerr and corporate counsel Jason Payne assisting him. But he did say he tapped Hunter White, partner and energy industry group chair at Thompson & Knight in Houston, as an additional resource.
V&E, TK assists Apollo & Double Eagle III on Company Creation
New York-based private equity firm Apollo Global Management is having another go with management of Fort Worth-based Double Eagle Development — including co-CEO’s John Sellers and Cody Campbell — and created Double Eagle Energy Holdings III late last month. And Vinson & Elkins and Thompson & Knight benefited from the renewed relationship.
Thompson & Knight counseled Double Eagle, including Dallas corporate and securities practice leader Wesley Williams and associate Christina Sanders, both in Dallas.