Jon Lobb

Department Chair - Tax (Houston) Partner

[email protected]

Houston

P: +1.713.229.1830
F: +1.713.229.6130
Jon Lobb Photo

Jon Lobb focuses on U.S. federal income planning and transactional tax matters. Jon regularly advises multinational companies in the energy and telecommunications sectors. His tax planning practice focuses on maximizing the tax efficiency of cross-border investment structures and transactions, including intercompany restructurings. His transactional practice includes domestic and cross-border mergers and acquisitions, liquefied natural gas (LNG), oil and gas, and other domestic and international energy projects, financings, and securities offerings.

Related Experience

Mergers and Acquisitions

  • Liberty Latin America – agreement with Phoenix Tower International to monetize for $407 million approximately 1,300 mobile towers sites in Panama, Jamaica, the Bahamas, Puerto Rico, and the British Virgin Islands 
  • Liberty Latin America – pending $256 million acquisition from DISH Network of wireless spectrum assets and prepaid mobile subscribers in Puerto Rico and the U.S. Virgin Islands 
  • Multinational telecommunications company – joint venture to develop, construct, own, and operate a newbuild submarine cable system in the Caribbean 
  • Multinational energy company – investment in hydrogen production and storage facility and ammonia facility in the U.S
  • bp North America – acquisition of EDF Energy Services, LLC
  • Höegh LNG Partners LP – $167.6 million acquisition of publicly held common units by Höegh LNG Holdings Ltd.
  • ConocoPhillips – $9.5 billion acquisition of Shell Enterprises LLC’s Delaware basin assets
  • Liberty Latin America – formation of 50/50 joint venture with América Móvil S.A.B. de C.V. to combine their respective Chilean operations, VTR and Claro Chile
  • Liberty Latin America – $200 million acquisition by Cable & Wireless Panamá S.A. of América Móvil S.A.B. de C.V.’s operations in Panama
  • Jaguar Fund No. 1, L.P. – $144 million acquisition of Telefónica S.A.’s operations in El Salvador
  • Cabot Oil & Gas Corporation – $17 billion merger with Cimarex Energy Co.
  • Westlake Chemical Corporation – $2.15 billion acquisition of Boral Limited’s North American building products business
  • Golar LNG Limited – $3.1 billion sale of Hygo Energy Transition Ltd. to New Fortress Energy Inc.
  • Golar LNG Limited – $251 million sale of common units and general partner units in Golar LNG Partners LP to New Fortress Energy Inc.
  • Liberty Latin America – $500 million acquisition of Telefónica S.A's operations in Costa Rica
  • Pan Capital Management LP – formation of $125 million private equity fund
  • Westlake Chemical Corporation – $252.5 million acquisition of LASCO Fittings, Inc. from a subsidiary of Aalberts, N.V.
  • Chesapeake Energy Corporation – $3.977 billion acquisition of WildHorse Resource Development Corporation
  • BHP Billiton – $10.5 billion sale of Petrohawk Energy Corporation to BP America Production Company
  • BHP Billiton – sale of Fayetteville oil and gas assets to a subsidiary of Merit Energy Company
  • McDermott International, Inc. – $6 billion combination with Chicago Bridge & Iron Company N.V.
  • Liberty Expedia Holdings, Inc. – acquisition by Expedia Group, Inc.
  • QVC – $2.1 billion acquisition of HSN
  • Schlumberger Limited – $14.8 billion acquisition of Cameron International Corporation
  • Liberty Media Corporation – $8 billion acquisition of Formula One
  • Starz – $4.4 billion acquisition by Lions Gate Entertainment Corporation
  • Liberty Latin America – acquisition of 40% interest in Liberty Cablevision Puerto Rico from affiliates of Searchlight Capital Partners
  • EQT Corporation – $575 million sale of upstream and midstream assets to Diversified Gas & Oil Corporation
  • Transocean – $250 million acquisition of Transocean Partners LLC
  • Chesapeake Energy Corporation – $840 million sale of upstream oil and gas assets to a private equity company
  • Schlumberger Limited – formation of OneSubsea joint venture with Cameron International Corporation
  • Schlumberger Limited – $11 billion acquisition of Smith International, Inc.

LNG Projects

  • Sempra Energy – development of Port Arthur LNG Phase 1 project
  • Cheniere Energy, Inc. – development of Sabine Pass and Corpus Christi LNG liquefaction and export facilities, including negotiation of LNG sale and purchase agreements (SPAs)
  • Cheniere Energy, Inc. – master sale and purchase agreements (MSAs) for spot trades of LNG
  • Jordan Cove Energy Project LLP – development of LNG liquefaction and receiving facility
  • Petrobras – MSAs for spot trades of LNG
  • Major energy company – investment in LNG import terminal in South America

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TEI Houston Chapter Tax School

Baker Botts is a sponsor of the 2020 TEI Houston Chapter Tax School taking place February 24, 2020 - February 28, 2020 at the Hyatt Regency Houston.