Energy, Oil & Gas - GableGotwals

Complaint to trial in less than 60 days

With a prompt adjudication on the merits crucial to the development of a $250 million wind farm project, the Firm persuaded a federal court to set a merits trial less than two months after the case was filed. At trial, the court found that in this instance, the proposed wind farm would not interfere with the plaintiff’s reasonable use of the surface estate to explore and develop its mineral interest and defeated the plaintiff’s request for a permanent injunction.

By ggms|2023-09-22T11:41:03-05:00July 18th, 2021|Comments Off

Representation of Interstate Pipeline in Royalty Owner Class Action

Class plaintiffs sought more than $1.4 billion in damages. Successful motion practice on behalf of defendant substantially reduced exposure, and, following a multi-week trial, client was able to settle for a fraction of the damages sought.

By ggms|2023-09-22T11:43:08-05:00July 16th, 2021|Comments Off

Affirmance by State Appellate Court of $742 Million Verdict

In breach of merger agreement between energy companies, obtained $742 million verdict and affirmance of same on appeal to state appellate court.

By ggms|2023-09-22T11:44:03-05:00July 16th, 2021|Comments Off

Successful Trial Court and Appellate Representation Against MMS

Successfully handled trial court and subsequent appeal in matter involving Mineral Management Services, obtaining a favorable en banc decision for client in Circuit Court of Appeals.

By ggms|2024-04-16T09:44:27-05:00July 16th, 2021|Comments Off

Obtained Plaintiffs’ Verdict in Excess of $100 Million

Successfully brought class action against utility company, obtaining trial verdict in excess of $100 million and successfully handled appeal which was affirmed by Arkansas Supreme Court.

By ggms|2024-04-16T09:45:32-05:00July 16th, 2021|Comments Off

Crude Oil Pipeline Transaction

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

By ggms|2023-09-22T13:35:41-05:00July 16th, 2021|Comments Off

$1.5 Billion Credit Agreement

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.

By ggms|2023-09-22T13:36:21-05:00July 16th, 2021|Comments Off

$90 Million Acquisition of Producing Oil and Gas Properties

A Houston-based client was represented by GableGotwals in the purchase of producing oil and gas properties and undeveloped leasehold in Western Oklahoma.

By ggms|2024-04-15T15:52:26-05:00July 16th, 2021|Comments Off