Foley Gardere Represents BP in<br> $10.5 Billion Acquisition of BHP Shale Assets
26 July 2018
Foley Gardere today announced that it is serving as counsel to BP America Production Company in its acquisition of most of BHP’s onshore U.S. oil and natural gas assets, including oil and gas production resources in the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. Under the terms of the agreement, BP America Production Company will acquire from BHP Billiton Petroleum (North America) Inc. 100% of the issued share capital of Petrohawk Energy Corporation – the wholly-owned subsidiary of BHP which holds the assets – for a total consideration of $10.5 billion, subject to customary adjustments.
Foley Gardere partners Tim Spear and Eunice Song served as the lead attorneys for the firm on the transaction. They were supported by a team of lawyers across Foley’s 24 offices.
Foley Gardere partners Tim Spear and Eunice Song served as the lead attorneys for the firm on the transaction. They were supported by a team of lawyers across Foley’s 24 offices.
People
Related News
01 May 2024
Press Releases
Foley Continues to Grow Its East Coast Transactions Practice, Adds M&A Partner Jeff Symons in New York
Foley & Lardner LLP announced today that it has strengthened its Transactions Practice with the addition of M&A partner Jeff Symons in New York.
30 April 2024
Press Releases
Foley Ventures Announces Fifth Fund to Invest in Firm Clients
Foley Ventures is pleased to announce Foley Ventures V, its latest venture fund launched in April 2024 to invest in companies and debt and equity fund clients.
24 April 2024
Press Releases
Nathaniel Lacktman Joins Tampa Bay Wave’s HealthTech|X Accelerator Advisory Council
Foley & Lardner LLP partner Nathaniel “Nate” Lacktman will serve as a member of the Advisory Council for Tampa Bay Wave’s inaugural HealthTech|X Accelerator program, an innovative initiative to support high-potential health technology startups ready to scale in Tampa and beyond.