Tull Florey is a partner in the Houston office of Gibson, Dunn & Crutcher and a member of the firm’s Mergers & Acquisitions, Capital Markets, Oil & Gas, Private Equity and Securities Regulation and Corporate Governance practice groups. He has an extensive corporate and securities law practice, emphasizing transactional and governance matters. His practice focuses on all types of mergers and acquisitions, including public company mergers, joint ventures, tender offers and material dispositions. He has particular experience with clients engaged in oilfield service, oil and gas exploration and production, oilfield equipment manufacturing and midstream activities. He also assists clients on an ongoing basis with general corporate concerns, including Exchange Act reporting and corporate governance matters.

Mr. Florey has been widely recognized, including Chambers USA (2018-2023), The Legal 500 U.S. (2013), The Best Lawyers in America® (2006-2024), Lawdragon 500 Leading Dealmakers in America (2021-2022) and Texas Super Lawyer (2010-2016, 2019-2020, 2023).

Representative Matters*

Mergers and Acquisitions

• Pioneer Natural Resources – $8 billion acquisition of Parsley Energy, Inc.
• Expro Group – $3 billion combination transaction with Frank’s International N.V.
• Valaris Limited – $12 billion combination transaction of Ensco plc and Rowan Companies plc, investment by affiliates of John Fredriksen and sale of drilling rigs Valaris 113 and Valaris 114
• Patterson-UTI Energy, Inc. – proposed $5.4 billion combination transaction with NexTier Oilfield Solutions Inc., proposed acquisition of Ulterra Drilling Technologies, L.P., acquisition of Pioneer Energy Services Corp., sale of well servicing rig business and wireline business and acquisition of Multi-Shot, LLC
• Conflicts Committee of Shell Midstream Partners, L.P. – take private by Shell plc
• Conflicts Committee of BP Midstream Partners LP – take private by BP plc
• Conflicts Committee of Rattler Midstream LP – take private by Diamondback Energy, Inc.
• Conflicts Committee of Landmark Infrastructure Partners LP – take private by DigitalBridge
• Ovintiv Inc. – financing of its $4.275 billion acquisition of all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources
• Atwood Oceanics, Inc. – $2 billion acquisition by Ensco plc
• Civeo Corporation – acquisition of Noralta Lodge Ltd., acquisition of 400 room accommodations facility from Lakeland, L.L.C. and redomicile transaction from Delaware to British Columbia, Canada
• Forum Energy Technologies, Inc. – formation of joint venture with Quantum Energy Partners to acquire Global Tubing and acquisitions of Houston Global Heat Transfer, Syntech Technology, Inc., Wireline Solutions, LLC, Dynacon, Inc. and Merrimac Manufacturing, Inc.
• John Wood Group plc – formation of joint venture with Siemens AG, $2.8 billion sale of Well Support Division to General Electric Company and acquisitions of the Infinity Group, Mitchell’s Oil Field Services and Duval
• Contango Oil & Gas Company – acquisition of Mid-Con Energy Partners, LP and acquisition of assets of Will Energy Corporation
• American Midstream Partners, LP – proposed acquisition of Southcross Energy Partners, L.P. and substantially all of the assets of Southcross Holdings LP, sale of propane marketing and services business to SHV Energy N.V. and acquisition of the assets of Panther Asset Management, LLC
• Arkoma Drilling, L.P. and Williston Drilling – sale of Bakken shale oil and gas assets to Comstock Resources
• ESCO Corporation – sale of Ulterra Drilling Technologies and acquisitions of Stabiltec Downhole Tools LLC and Ulterra Drilling Technologies
• Concho Resources Inc. – $9.5 billion acquisition of RSP Permian, Inc.
• Penn Virginia Corporation – proposed $1.7 billion acquisition by Denbury Resources Inc.
• Schlumberger Limited – $14.8 billion acquisition of Cameron International Corporation and $11 billion acquisition of Smith International, Inc.
• Conflicts Committee of Williams Partners, L.P. – $11.4 billion financial repositioning transaction with The Williams Companies, Inc., proposed $13.8 billion acquisition by The Williams Companies Inc. and $50 billion merger of Williams Partners with Access Midstream Partners, L.P.
• Conflicts Committee of Kinder Morgan Energy Partners (KMP) and Special Committee of Kinder Morgan Management (KMR) in $70 billion purchase of KMP, KMR and El Paso Pipeline Partners by Kinder Morgan, Inc. and $6.2 billion dropdown from Kinder Morgan, Inc. of 100% of Tennessee Gas Pipeline Company, L.L.C. and a 50% interest in El Paso Natural Gas Company
• White Star Petroleum, LLC – acquisition of Lighthouse Oil & Gas LP
• Pride International, Inc. – $8.6 billion acquisition by Ensco plc, $1 billion divestiture of its Latin America land operations, $95 million divestiture of its Eastern Hemisphere land operations and $2 billion merger with Marine Drilling Companies, Inc.
• Marathon Oil Corporation – $15 billion spin-off of Marathon Petroleum Corporation, $3.7 billion acquisition of the remaining interest in Marathon Ashland Petroleum owned by Ashland Inc. and $300 million acquisition of Khanty Mansiysk Oil Corporation
• East Resources, Inc. (privately held Marcellus shale company) – $4.7 billion acquisition by Shell Oil Company
• PostRock Energy Corporation – sale of its KPC pipeline system to MV Pipelines, LLC and three-part sale of Marcellus shale properties to Magnum Hunter Resources Corporation

Securities Offerings

• Valaris Limited – offerings of senior notes, exchangeable notes and common shares and tender and exchange offers and consent solicitations for senior notes
• Expro Group – public offering of common shares
• Civeo Corporation – public offering of common shares
• Patterson-UTI Energy, Inc. – public and private offerings of senior notes
• Forum Energy Technologies, Inc. – public and private offerings of senior notes and common stock
• Publicly traded E&P company – tender offers for senior notes, second lien notes exchange offer and offerings of senior notes and convertible notes
• Atwood Oceanics, Inc. – public offerings of senior notes and common stock and tender offer for senior notes
• Cabot Oil & Gas Corporation – public offering of common stock
• ConocoPhillips – numerous public and private offerings of debt securities of ConocoPhillips and its subsidiaries
• Conoco Inc. – numerous public and private offerings of debt securities of Conoco and its finance subsidiary and initial public offering of common stock
• Pride International, Inc. – numerous public and private offerings of debt and equity securities
• Hercules Offshore, Inc. – initial public offering of common stock and subsequent offerings of common stock and convertible debt
• PostRock Energy Corporation – multiple private placements of common stock, preferred stock and warrants to White Deer Energy, L.P.
• Underwriters for Spectra Energy and Spectra Energy Partners – numerous public and private offerings of debt and equity securities of Spectra Energy, Spectra Energy Partners and their subsidiaries and affiliates
• Underwriters for Enbridge Energy Partners – public offering of debt securities
• BofA Merrill Lynch, Barclays and Citigroup as lead underwriters – initial public offering by MidCoast Energy Partners, L.P.
• J.P. Morgan, BofA Merrill Lynch, Credit Suisse, Citigroup and Deutsche Bank Securities as lead underwriters – initial public offering by Forum Energy Technologies, Inc.
• Goldman, Sachs & Co., J.P. Morgan and Citigroup as lead underwriters – initial public offering by C&J Energy Services, Inc.

Education

Mr. Florey earned his Juris Doctor in 1995 from the University of Virginia School of Law where he was the Executive Editor of the Virginia Law Review. He graduated in 1992 with High Honors from The University of Texas at Austin, where he was elected to Phi Beta Kappa and received a Bachelor of Arts degree in Plan II Interdisciplinary Honors.

* Includes matters handled prior to joining Gibson, Dunn & Crutcher LLP