EXPERIENCE

James’ experience includes representing:

Upstream and Midstream M&A

• Pioneer Natural Resources in its acquisition of DoublePoint Energy, valued at about US$6.4 billion*
• Reliance Marcellus in its divestiture of its Marcellus shale assets to Northern Oil and Gas, valued at about US$250 million*
• Pioneer Natural Resources Company in its all-stock acquisition of Parsley Energy, valued at about US$7.6 billion*
• Leading petroleum company in its US$2.3 billion sale of its Eagle Ford assets to Sanchez Energy and Blackstone Energy Partners*
• Enduring Resources in its US$2.5 billion sale of its Permian business unit to American Energy*
• A large public exploration and production company in the acquisition of substantially all the assets of a private equity-backed exploration and production company for US$1.2 billion in cash and stock*
• Reliance Holding USA in its US$2.15 billion sale to Enterprise Products Partners*
• Newfield Exploration in its US$390 million sale to Protégé Energy of its Eagle Ford and South Texas assets*
• Lonestar Resources US in its US$38.7 million acquisition of Eagle Ford assets from Sabine Oil & Gas and Alerion Gas AXA*
• A private equity firm and upstream portfolio company in its US$78.5 million divestiture of non-operating Eagle Ford assets to a public exploration and production company*
• An independent E&P company in its divestiture of a produced water disposal business in the Permian Basin*
• Midstream LNG company in its divestiture of natural gas gathering and processing assets in Texas*
• A newly formed and private equity-backed exploration and production company in its US$400 million acquisition of substantially all the assets of a private equity-backed portfolio company*
• An ad hoc group of unsecured noteholders in its formation of a new exploration and production company and acquisition of the Permian Basin assets of Breitburn Energy Partners in its US$3.6 billion restructuring*
• A private equity fund in its acquisition of, and subsequent joint sale to SM Energy of, oil and gas assets in Howard and Martin counties, Texas, for US$1.6 billion*
• Bold Energy III in its combination with Earthstone Energy*
• Leading private markets asset management firm in its US$1.6 billion acquisition of Centennial Resource Development*
• Freeport-McMoRan Oil & Gas in its US$1.8 billion acquisition of the Deepwater assets in the Gulf of Mexico from Apache Corporation*
• A private equity company in its acquisition of interests in 28 deepwater Gulf of Mexico leases and structuring, negotiating and implementing a participation agreement calling for a minimum expenditure of US$600 million and a management services agreement*
• Energy Transfer Equity in its US$1 billion acquisition of Trunkline LNG Company, a provider of bulk storage and regasification of liquefied natural gas*
• EXCO Resources in its US$1 billion acquisition of the Northern Eagle Ford and Haynesville Shale assets in Texas and Louisiana owned by Chesapeake Energy*
• EXCO Resources in its US$131 million acquisition of conventional oil and natural gas assets in East Texas and North Louisiana from a BG Group affiliate*
• Triangle Petroleum in its US$120 million acquisition of Williston Basin oil and gas producing properties in North Dakota and Montana*
• Rosetta Resources in its US$85 million acquisition of Delaware Basin assets*
• Rosetta Resources in its US$3.9 billion sale to Noble Energy*
• A public oil and gas company in a simultaneous like-kind exchange of producing oil and gas assets in the Permian Basin*
• A public oil and gas company in a reverse like-kind exchange comprising multiple divestitures and acquisitions*
• A private oil and gas company in a reverse like-kind exchange of producing oil and gas property*
• Trilantic Capital Partners IV in its investment in a newly formed oil and gas exploration and production company*
• A private equity company in its acquisition of 160,000 acres in South Texas from a private exploration and production company*
• A private upstream exploration and production company in its formation of a partnership with a private equity firm*

Upstream and Midstream Joint Ventures

• International energy and chemical company in a US$1.5 billion upstream joint venture with an Ecopetrol SA subsidiary covering 97,000 net acres in the Midland Basin*
• EOG Resources in its US$400 million “drillco” joint venture with The Carlyle Group to fund the development of EOG oil and gas assets in Oklahoma*
• Oil & gas service company in its Deep Water Gulf of Mexico joint venture with a multinational energy company*
• Electric and gas service provider in its formation of a US$2 billion natural gas pipeline and storage joint venture with Crestwood Equity Partners*
• CONSOL Energy in its separation of its Marcellus/Utica joint venture with Noble Energy*
• Leading private markets asset management firm in its Gulf of Mexico joint venture with Ridgewood Energy*
• Continental Resources in its US$360 million joint venture with SK E&S Co. for 49.9% stake in undeveloped acreage of Woodford natural gas property*
• Swift Energy Operating in its US$175 million joint venture with PT Saka Energi Indonesia for 36% stake in undeveloped acreage of Eagle Ford property*
• EXCO Resources in its US$131 million joint venture with Kohlberg Kravis Roberts for 50% stake in undeveloped acreage of Eagle Ford property*

Other Strategic Transactions

• Infrastructure investment firm in a US$810 million reorganization and recapitalization of its midstream portfolio company in connection with a preferred equity investment and new term loan facility*
• A public oilfield services company in the sale of its water handling and disposal business unit*
• A private oilfield cementing and acidizing company in its US$84 million sale to a publicly traded oilfield services company*
• A private crude oil logistics company in the sale of its oil marketing, transportation, and water disposal businesses*
• A private well-treatment company in its sale to a publicly traded oilfield services company*

*Matter handled prior to joining Latham