• Represented Pine Wave Energy Partners, LLC in its sale of Haynesville upstream oil and gas assets in Texas and Louisiana to Silver Hill Energy Partners III, LP.
• Represented San Isidro Energy Company II, LLC in its $24 million sale of working interest in 12 wells and additional Eagle Ford La Mesa assets and acreage in Webb County to SilverBow Resources.
• Represented Grenadier Energy III, LLC in its $350 million equity commitment from EnCap Investments L.P., a leading provider of growth capital to the independent sector of the U.S. energy industry.
• Represented Cardinal Midstream Partners in securing an initial capital commitment of $300 million from EnCap Flatrock Midstream.
• Represented Yates Petroleum Corporation in its $2.4 billion merger with EOG Resources, Inc., which included Permian Basin oil and gas properties.
• Represented EnCap Flatrock Midstream in the $2 billion sale of EagleClaw Midstream Ventures LLC, the largest privately held midstream operator in the Delaware Basin, to Blackstone Energy Partners.
• Represented Brazos Delaware, LLC in the $1.75 billion sale of its Delaware Basin subsidiaries to Bison Midstream Holdings, LLC, an affiliate of Morgan Stanley Infrastructure Inc.
• Represented Ajax Resources LLC in the sale of its northern Midland Basin assets to Diamondback Energy Inc. for $1.25 billion, consisting of $900 million in cash and 2.58 million shares of Diamondback common stock.
• Represented a Dallas-based midstream services company in the sale of all of the issued and outstanding membership interests of its joint venture with a Pennsylvania midstream company to a subsidiary of a publicly traded Fortune 500 natural gas and propane company for $310 million and potential earnout payments of $110 million.
• Represented Chaparral Energy, L.L.C. in its $170 million sale of certain hydrocarbon interests and associated assets utilizing enhanced oil recovery methods to Perdure Petroleum, LLC.
• Represented BP Energy Partners in its sale of Pinnacle Midstream gathering and processing system in the Delaware Basin of West Texas to I Squared Capital.
• Represented Tradition Midstream, LLC in the sale of Shongaloo Midstream LLC to Energy Transfer.
• Represented Legion Energy Services II, LLC in its sale to Plains All American Pipeline, L.P. of Legion Terminals, LLC, which owns a crude oil terminal in North Dakota that is strategically positioned to serve as a crude oil logistics hub in the Williston Basin.
• Represented a midstream services company focusing on the Permian Basin in its joint venture, contribution agreement, LLC agreement and related gas pipeline agreements with a Dallas-based oil and gas exploration and production company.
• Represented a Texas-based expo company in the sale of substantially all of the assets related to an annual Halloween industry trade show.
• Represented Cardinal Midstream II, LLC in the negotiation of the option to sell all of the issued and outstanding membership interests of Cardinal NE Holdings, LLC to a subsidiary of Eclipse Resources Corporation for $18.3 million.
• Represented a North Texas-based distribution company specializing in party supplies in its sale of 13 stores throughout Texas to a publicly traded party supply store chain.
• Represented Approach Oil & Gas, Inc., a subsidiary of Approach Resources, Inc., in its purchase of oil and gas producing properties from Amistad Energy Partners, LLC.

Private Equity

• Represented Double Eagle Energy Holdings III LLC in its raising of more than $1 billion in equity commitments from multiple investors that were anchored by a contribution from funds managed by Apollo Global Management LLC; the funds will go toward acquisition and development in the Permian Basin.
• Represented Tailwater Capital LLC in the formation of Tailwater Energy Fund III LP, with approximately $900 million in committed capital, as well as in the formation of Silver Creek Midstream CoInvest LP, a co-invest vehicle for Fund III portfolio company Silver Creek Midstream, with $100 million in committed capital.
• Represented Scout Energy Partners in the formation of Scout Energy Partners IV-A, LP and Scout Energy Partners IV-B, LP, with total commitments of $500 million.
• Represented Tug Hill Inc. in its agreement with Quantum Energy Partners, with a $450 million equity commitment, to jointly pursue investments each with a specific strategy, that will acquire, develop, and exploit conventional and unconventional oil and gas properties in the United States, including through strategic acquisitions, leasing, farm-ins, joint ventures, midstream, acquisitions and other means.
• Represented Scout Energy Partners in the formation of Scout Energy Partners III-A, LP and Scout Energy Partners III-B, LP.
• Represented PetroCap in the formation of PetroCap Partners II, L.P., with $350 million in total commitments.
• Represented Scout Energy Partners in the formation of Scout Energy Partners II-A and Scout Energy Partners II-B.
• Represented a Colorado-based fund in its partnership with a leading independent oil and gas investment manager to form a privately held upstream oil and gas company with $240 million in committed capital to invest in the acquisition and development of upstream assets in the Permian Basin.
• Represented GP Invitation Fund I, L.P. in the formation of GP Invitation Fund I, a real estate investment fund, with $200 million in initial commitments.
• Represented a Fort Worth-based private equity firm in the formation of its first fund, with $150 million in commitments.
• Represented a Midland-based company that will focus on the development of upstream oil and gas assets in the Delaware Basin in its $127 million initial capitalization from a Houston-based energy private equity firm.
• Represented one of the world’s largest alternative asset managers in the formation and $103 million initial capitalization of a new portfolio company, which will develop upstream oil and gas assets in the Permian Basin.
• Represented a leading independent oil and gas investment manager in the formation and $100 million capitalization of a Dallas-based company that will pursue midstream development and acquisition opportunities throughout the United States.
• Represented a Texas-based private equity company specializing in direct investments in oil and gas assets in the formation of its third fund, with more than $100 million in commitments.
• Represented a Fort Worth-based exploration and production company in the formation of a strategic partnership with affiliates of one of the world’s largest private equity firms, with more than $100 million in initial investments, to purchase royalty interests in the Permian Basin.
• Represented one of the world’s largest alternative asset managers in the formation and $76 million capitalization of a new portfolio company to develop upstream oil and gas assets in the Permian Basin.
• Represented NGP Natural Resources XI, L.P. in the formation and $50 million capitalization of a Dallas-based company focused on the purchase of oil and gas mineral rights.

Securities Offerings – Equity

• $260 million initial public offering of common stock.
• $173 million private offering of common stock.
• $106 million initial public offering of common stock.
• $52 million initial public offering of common stock.
• $46 million initial public offering of master limited partnership (MLP) common units.
• $129 million follow-on offering of common stock.
• $107 million follow-on offering of common stock.
• $65 million follow-on public offering of common stock.
• $62 million follow-on public offering of MLP common units.

Securities Offerings – Debt

• $600 million offering of high-yield senior notes.
• $350 million offering of high-yield senior notes.
• $350 million offering of investment grade senior notes.
• $300 million offering of high-yield senior notes.
• $250 million offering of high-yield senior notes.

List may include matters worked on prior to joining Akin.