GableGotwals represented OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, as sole and lead counsel in two new unsecured five-year revolving credit facilities with a combined borrowing capacity of $1.1 billion.
GableGotwals advised Magellan Midstream Partners, L.P. in its $435 million sale of 26 refined petroleum products terminals located primarily in the southeastern U.S.
Represented a client involving a Texas crude oil pipeline and related assets owned by an entity in which the client has a 50% interest. The client bought a crude oil pipeline system in the Houston Gulf Coast area and also consented to the transfer of the other 50% interest to another owner in a transaction valued at over $1 billion
The firm represented WPX Energy, Inc. in connection with the amendment and restatement of its $1.5 billion senior revolving credit facility, including letter of credit and swingline subfacilities and an accordion feature allowing for an increase of an additional $300 million.
A Houston-based client was represented by GableGotwals in the purchase of producing oil and gas properties and undeveloped leasehold in Western Oklahoma.
GableGotwals represented an Oklahoma-based client in the $160 million purchase of producing oil and gas properties and undeveloped leasehold in the Oklahoma and Texas panhandle region.
The Firm has advised and is currently advising a major university in connection with its investments in various startup ventures using technology licensed from the university.
Represented a real estate developer in connection with the refinancing of an office park complex and buyout of the developer’s partner.