In this presentation, we will discuss the innovative and practical financing strategies involved in asset-backed financings of oil and gas assets. We will discuss benefits/considerations of these transactions; comparison of...more
It is common for E&P companies in chapter 11 to seek to reject burdensome midstream contracts under Bankruptcy Code § 365. Rejection has not been permitted by bankruptcy courts where such agreements create enforceable...more
On April 3, 2020, the New Mexico State Land Office (“NMSLO”) announced the initiation of emergency rulemaking processes that would allow qualifying lessees of New Mexico state oil and gas leases to temporarily suspend...more