Mike Bengtson

“New York's Mike Bengtson leads the overall corporate team and is a key energy sector player who acts for a range of public and private companies.”

The Legal 500 U.S. 2021

Mike Bengtson represents business clients in a variety of transactional and other corporate matters, including mergers and acquisitions (M&A), joint ventures and capital formation transactions. During the last four years, he has been involved in over 40 M&A transactions involving over $20 billion. Mr. Bengtson has extensive experience in the energy, life sciences and fintech industries and is a member of the Baker Botts Oil & Gas M&A Team.

BTI Consulting named Mr. Bengtson to its "Client Service All-Stars (2016)" list. This recognition highlights lawyers who are selected by general counsels on the criteria that they exhibit "superior client focus, innovative thought leadership, unmatched business understanding, legal skills, outsized value and outstanding results" and "stand above all others in client service."

Mergers and Acquisitions: Energy

Representation of public and private energy companies in numerous acquisitions and dispositions of and joint ventures involving exploration and production, transportation and processing assets and companies, including:

Upstream

• $575 million disposition of shallow producing wells and related gathering systems with deep rights retention
• $150 million disposition of Eagle Ford properties in three separate transactions
• $60 million disposition of Permian properties
• $65 million disposition of Permian properties
• $800 million acquisition of Eagle Ford properties
• $85 million acquisition of Marcellus/Utica properties
• $65 million disposition of Arkoma properties
• $100 million disposition of Bakken properties
• $50 million disposition of Bakken properties
• $130 million acquisition of Marcellus/Utica properties
• $110 million acquisition of Permian properties
• $150 million acquisition of Marcellus/Utica properties
• $210 million tender offer acquisition of public company with Marcellus/Utica properties
• $320 million acquisition of Marcellus/Utica properties
• $170 million acquisition of Marcellus properties
• $110 million acquisition of Permian properties
• $135 million acquisition of STACK/SCOOP properties
• $30 million acquisition of Western Anadarko properties
• $400 million acquisition of Marcellus/Utica properties
• $80 million acquisition of Permian properties
• $325 million bankruptcy sale process of Marcellus/Utica properties
• $120 million sale of Mississippi lime properties
• $525 million acquisition of Permian properties
• $200 million acquisition of Anadarko properties
• $90 million acquisitions of Permian properties
• $400 million sale of conventional and unconventional Appalachian properties
• $1.45 billion sale of Bakken properties
• $250 million acquisition of Anadarko properties
• $500 million sale of Eagle Ford properties
• $280 million sale of Haynesville properties
• $13.3 billion divestiture of offshore and onshore E&P operations to multiple buyers
• $240 million Section 363 bankruptcy acquisition of an E&P company
• $700 million acquisition of foreign-owned domestic E&P business
• $250 million sale of independent E&P company
• $170 million sale of oil and gas divisions
• $160 million acquisition of Arkoma properties
• $770 million acquisition of the energy subsidiaries of a utility company
• $130 million sale of international production block
• $150 million acquisition of E&P properties
• $200 million merger of an operating division into an independent oil company

Midstream/Downstream

• $4.2 billion going private midstream transaction
• $1.5 billion acquisition of Marcellus and Utica gathering systems
• $175 million acquisition of interests in Marcellus gathering systems
• $750 million acquisition of interests in FERC regulated pipeline
• $275 million acquisition of Marcellus/Utica gathering systems
• $400 million sale of interest in interstate natural gas pipeline
• $1.4 billion sale of Rocky Mountain and Mid-Continent interstate oil pipeline system
• $1.1 billion acquisition of high and low pressure Marcellus natural gas gathering systems
• $1.1 billion acquisition of Marcellus gathering and transmission pipelines
• $350 million sale of interests in interstate natural gas pipeline
• $135 million sale of Appalachian gathering assets
• $540 million sale of FERC-regulated natural gas pipelines located in the Marcellus
• $170 million acquisition of natural gas pipelines and storage facilities in the Marcellus
• $1.4 billion sale of majority interest in oil storage terminal
• $390 million auction process sale of FERC-regulated natural gas pipeline
• $275 million negotiated sale of intrastate gas pipeline and storage facility
• $340 million auction process sale of a natural gas midstream business unit
• $275 million sale of a crude oil pipeline and storage company

Energy Projects and Joint Ventures

• $400 million joint development program (Drillco) covering Permian properties
• Representation of majority owner and joint venture involving design, construction and operation of 300-mile 2.0 bcf/d interstate natural gas pipeline, including sales of equity interests in the joint venture
• Representation of majority owner and joint venture involving design, construction and operation of 70-mile interstate natural gas pipeline
• Joint venture and sale transaction involving Eagle Ford shale properties
• Multi-year farmin and joint development program involving Arkoma Woodford shale properties
• Equalization of interests and joint development transaction involving gas reserves and gathering system
• Integrated tertiary oil recovery project, including long term supply and transportation arrangements
• Sale of equity interests in an integrated South American LNG project

Mergers and Acquisitions: Life Sciences and Technology

• $70 million private equity leveraged recap of a financial technology company
• $700 million negotiated sale of financial services company
• $80 million negotiated sale of a software company
• $55 million auction process sale of software company
• "Bio-bucks" licensing transaction involving development and commercialization rights
• Sale of specialty pharmaceutical company
• Stock for stock merger of two financial services companies
• Various sales and acquisitions of venture-backed technology companies

Securities Offerings

• Equity public offerings including IPOs, follow-on offerings and secondary offerings, including Jones Energy, EQT Midstream, ZS Pharma and NetSpend IPOs
• Private placements of equity and debt, including all stages of private equity and venture capital rounds

Named a "Client Service All-Star" by BTI Consulting Group's Client Service All-Stars, 2016

Recognized as a Texas Super Lawyer (Thomson Reuters), 2016 & 2018

Listed in The Best Lawyers in America (Woodward White, Inc.), 2009-2019

Named "Lawyer of the Year for 2014 and 2016" for Securities/Capital Markets Law in Austin by The Best Lawyers in America (Woodward White, Inc.)

Recommended in The Legal 500 U.S., 2013