A.J. Ericksen

Partner

AJ Ericksen Photo

Houston

P: +1.713.229.1393 F: +1.713.229.2793

Mergers and Acquisitions

  • Schlumberger – $14.8 billion acquisition of Cameron International Corporation
  • Ergon, Inc. – acquisition of general partner of, and contribution of asphalt terminals and cash to, Blueknight Energy Partners, LP
  • Conflicts Committee of PennTex Midstream Partners, LP – $280 million going-private transaction involving tender offer by Energy Transfer Partners, L.P. (pending)
  • Transocean Ltd. – acquisition of Transocean Partners LLC
  • Regency Energy Partners LP – $18 billion merger with Energy Transfer Partners, L.P.
  • Regency Energy Partners LP – $5.6 billion acquisition of PVR Partners, LP
  • Schlumberger Limited – formation of OneSubseaTM, a multibillion dollar joint venture with Cameron International Corporation
  • Schlumberger Limited – $11 billion acquisition of Smith International, Inc.
  • Transocean – $58 billion combination with GlobalSantaFe Corporation
  • American Industrial Partners – acquisition of Polar Group Holdings Company, LLC
  • American Industrial Partners – sale of Rockwell American
  • Delek U.S. Holdings, Inc. – multiple dropdowns of midstream and logistics assets to Delek Logistics Partners, LP
  • Patterson-UTI Energy, Inc. – sale of flowback operations; multiple acquisitions of pressure pumping assets
  • Oceaneering International Inc. – $230 million acquisition of C & C Technologies, Inc.
  • Private Equity Investors - co-investment in power generation company
  • Private Equity Investors - co-investment in midstream company
  • Midstates Petroleum Company – $650 million acquisition of E&P assets
  • Marathon Oil Corporation – disposition of Gulf of Mexico pipeline interests
  • Houston Wire & Cable Company – purchase of Southwest Wire Rope LP and Southern Wire, LLC
  • K-Sea Transportation Partners L.P. – $203 million acquisition of private companies
  • ArcLight Capital Partners, LLC – $412 million purchase of the general partner and a 63 percent limited partner interest in Buckeye GP Holdings LP

Capital Markets and Securities Offerings

  • Underwriters – initial public offering of GPM Petroleum, LP (in registration)
  • Shell Midstream Partners, L.P. – $1.1 billion initial public offering
  • Transocean Partners LLC – $442 million initial public offering
  • Delek Logistics Partners, LP – $193 million initial public offering; $250 million rule 144A senior notes offering
  • KiOR, Inc. – $162 million initial public offering
  • Underwriters – $201 million initial public offering of World Point Terminals, LP
  • Initial purchasers – $1.45 billion 144A offering of senior secured second lien notes by offshore E&P producer
  • Cabot Oil & Gas Corporation – $1 billion public offering of common stock; $275 million public offering of common stock
  • Schlumberger – numerous public and Rule 144A offerings of senior notes totaling over $12 billion
  • Oceaneering International Inc. – $500 million public offering of senior notes
  • Transocean – numerous public offerings of senior notes totaling $9.5 billion; $6.6 billion public offering of convertible notes; $1 billion public offering of shares; $600 million Rule 144A offering of senior secured notes; $625 million Rule 144A offering of senior secured notes
  • Bristow Group Inc. – $450 million public offering of senior notes and concurrent tender offer/redemption of senior notes
  • Westar Energy, Inc. – multiple public offerings of first mortgage bonds totaling $625 million
  • CenterPoint Energy – numerous public and Rule 144A offerings of debt securities and common stock
  • Cleco Power LLC – numerous debt offerings
  • K-Sea Transportation Partners L.P. – numerous public offerings of common units totaling over $215 million
  • Underwriter representations include TC PipeLines, LP, Burlington Northern Santa Fe, LLC, Core Laboratories, N.V., Teekay LNG Partners L.P., Tesco Corporation, Pioneer Energy Services Corp., Azure Midstream Partners, L.P., Genco Shipping & Trading Limited, Penn Virginia GP Holdings, L.P., Toreador Resources Corporation and W&T Offshore, Inc., among others

Other Matters

  • Transocean Ltd. – redomestication from the Cayman Islands to Switzerland