January 24, 2019
Notwithstanding the recent (and precipitous) decline in commodity prices, the prior 12 months proved to be a relatively robust year for transactional activity in the oil and gas sector. Corporate consolidation, opportunistic acquisitions/divestitures, infrastructure development, and alternative financing arrangements have kept – and continue to keep – many of us busy. But will this continue, particularly in a (continued) volatile price environment?
Join members of Gibson Dunn’s Mergers and Acquisitions and Oil and Gas Practice Groups for a 60 minute presentation to share their views on this question, as well as to (1) discuss the current state of mergers and acquisitions at the corporate level (“M&A”) and acquisitions and divestitures at the asset level (“A&D”) in the oil and gas sector; (2) identify trends in M&A and A&D in the sector; and (3) use their crystal balls to attempt to foresee what the future holds for M&A and A&D in the sector in 2019.
View Slides (PDF)
Michael P. Darden is Partner-in-Charge of the Houston office of Gibson, Dunn & Crutcher, chair of the firm’s Oil & Gas practice group, and a member of the firm’s Energy and Infrastructure and Mergers and Acquisitions practice groups. His practice focuses on international and U.S. oil and gas ventures, including LNG, deep-water, and unconventional resource development projects, international and U.S. infrastructure projects, asset acquisitions and divestitures, and energy-based financings, including project financings, reserve-based loans, and production payments.
Justin T. Stolte is a partner in the Houston office of Gibson, Dunn & Crutcher, and a member of the firm’s Mergers and Acquisitions and Energy and Infrastructure practice groups. He represents exploration and production companies, midstream companies, private equity groups, and other financial institutions in complex transactions across the energy sector, with a particular focus on acquisitions, divestitures, and joint ventures involving upstream (onshore and offshore), midstream (gathering, processing, transportation, fractionation, and storage), liquefied natural gas (LNG), and downstream (petrochemicals and refining) assets.
Jeffrey A. Chapman is Co-Chair of Gibson Dunn’s Global Mergers and Acquisitions Practice Group. He maintains an active M&A practice representing private equity firms and public and private companies in diverse cross-border and domestic transactions in a broad range of industries.