John D. Furlow

• TPG Rise Climate, a global impact investing platform managed by TPG Global, on its 1/3 equity investment in Monarch Bioenergy, a joint venture between Roeslein Alternative Energy and Smithfield Foods that is a leader in capturing agricultural methane emissions and converting them into carbon-negative renewable natural gas. 
• TPG Rise, a global impact investing platform managed by TPG Global, and Element Markets, a leading renewable natural gas marketing and environmental commodities company, on the acquisition of Bluesource, the largest carbon credit developer in North America.  
• Berry Corporation (NASDAQ: BRY) in the acquisition of Basic Energy Services’ California operations, through a court-supervised auction process as part of Basic’s Chapter 11 restructuring. 
• Tailwater Capital in its acquisition of NorTex Midstream, a leading natural gas storage and transmission company serving North Texas.
• The Rise Fund, a TPG-managed global impact fund, in its acquisition of Element Markets, the leading independent marketer of renewable natural gas and environmental commodities in North America.
• Monument Chemical in its acquisition of KMTEX LLC, a privately-owned specialty chemical distillations manufacturer based in Port Arthur, Texas.
• Katerra Inc. in the sale of its 577,000 sf advanced manufacturing facility features fully-automated production lines for wood-framed walls, floor trusses, and roof trusses.
• BWC Terminals in its acquisition of Texas City terminals from NuStar Energy.
• Private-equity backed OEM services company in its acquisition of the largest domestic manufacturing supplier of stainless and nickel alloy flanges in North America.
• PES Holdings, LLC in its restructuring, initiated four weeks after a catastrophic explosion at PES’s Girard Point refining complex that resulted in a permanent shutdown of the largest refinery. complex on the East Coast, and in its competitive M&A sale process for the 1,300+ acre refinery site located outside of downtown Philadelphia, which process culminated in a $225.5 million equity sale to Hilco Redevelopment Partners, the assumption by Hilco of all historic environmental liabilities at the 150 year old site and the retention by PES of all claims under its $1.25 billion property insurance policy and other valuable assets. The chapter 11 plan and sale were approved in February 2020, less than 8 months after the catastrophic explosion.
• Arena Energy in its sale process, which culminated in an equity sale to San Juan Offshore, a Lime Rock and management backed company, and in its restructuring of more than $1 billion in funded indebtedness and over $500 million of plugging and abandonment liabilities pursuant to a chapter 11 plan.
• JPMorgan Funds Limited and JPMorgan Investment Management - Infrastructure Investment Group in the acquisition of Contanda, a provider of bulk liquid storage and logistics services, from EQT Infrastructure II Fund.
• Ad hoc group of unsecured noteholders in successfully negotiating a restructuring support agreement with Bristow Group Inc., a Houston-based publicly-traded helicopter services company that filed for Chapter 11, and certain secured creditors that resulted in the ad hoc group securing majority control of the reorganized Bristow and securing funding for future operations with a $385 million offering of new preferred and common stock.
• A private equity fund in its confidential preferred equity investment in a midstream energy company.
• An E&P company in its confidential sale of oil and gas and mineral interests to a private equity sponsored portfolio company.
• Salt Creek Midstream, LLC in its 50/50 joint venture with Noble Midstream Partners LP to provide crude oil gathering and transportation services in the Delaware Basin.

• Advised the management team in the formation and private equity financing of an E&P company focused on acquiring and developing oil and gas properties in Oklahoma’s STACK play.

• Advised the buyer in its successful acquisition of a 20% working interest in four blocks located in the deepwater Gulf of Mexico.

• Advised the buyer in its successful acquisition of an 11.6% working interest in a field in the deepwater Gulf of Mexico.

• Advised a private equity backed E&P company in the sale of its Niobrara shale oil assets in the North Park Basin of Colorado to a public E&P company for approximately $190 million.

• Advised a leading public oilfield services company in connection with the sale of its surface safety valve business in the United States and over 20 other countries.

• Advised a private equity fund in the formation of a joint venture for the operation and management of certain offshore oil and gas properties located in the shallow waters of Louisiana.

• Advised the management team in the formation and private equity financing of an E&P company focused on acquiring and developing Bakken oil and gas properties.

• Advised a natural-resource-focused private equity fund in its acquisition of an increased equity stake in a U.S. frac sand and mining company.

• Advised a U.S. public offshore drilling company in its $100 million acquisition of a public Norwegian offshore drilling company.

• Advised a public investment services and technology company in its $610 million acquisition of a public cloud-based financial services company.

• Advised the “stalking horse” and ultimately successful bidder in the acquisition of a start-up technology company under Sections 363 and 365 of the Bankruptcy Code.

• Advised the sellers in the sale of certain interests (equivalent to working interests) in a prospective natural gas field in Papau New Guinea.

• Advised a private equity backed E&P company in its acquisition of North Dakota oil and gas properties.

• Advised a private equity fund in its acquisition of oil and gas properties located in North Dakota.

• Advised a private equity fund in its acquisition of offshore oil and gas properties located in the shallow waters of Louisiana.

• Advised a private E&P company in its acquisition of oil and gas properties and related infrastructure located in Utah and Colorado.

• Advised a multinational chemical company in connection with the negotiation of a sodium bicarbonate joint venture.

• Advised a Houston-based oilfield technology company in its spinoff from a multinational oil and gas company.

• Advised the management team in the private equity financing of a company focused on acquiring producing-mineral, royalty and overriding-royalty interests.

• Advised an energy-focused private equity fund in its acquisition of a natural gas combined-cycle electric-power-generation facility located in the Permian Basin.

• Advised a private investment firm focused on energy infrastructure in its acquisition of a portfolio of three natural-gas-fired power generation facilities.

• Advised a private equity fund in the disposition of its equity interest in two portfolio companies that owned coal mining assets and equipment.

• Advised a U.K.-based private equity fund with the formation of a joint venture for the funding, development and management of an international infrastructure project.

• Advised a Houston-based start-up specializing in unmanned aerial vehicle technology and services in connection with its first and several follow-on capital raises.

• Advised a Houston-based technology company in its private placements of series B and series C convertible preferred stock.

• Advised selling stockholders in their sale of 100% of the equity in a Houston-based technology company to an Australian public company.

• Advised a multinational chemical company in its multiple strategic investments in a start-up technology company specializing in printed lighting, display, solar and other organic electronics.

• Advised a Houston-based public E&P company in a Rule 144A add-on offering of $200 million of senior notes and a concurrent $50 million public offering of common stock.

• Advised a Houston-based public E&P company in a Rule 144A offering of $850 million of senior notes.

• Advised a Houston-based public E&P company in a Rule 144A offering of $400 million of senior notes.

• Advised the underwriters in a public offering of $63 million of common units by a master limited partnership.

• Advised a Denver-based public E&P company in its Rule 144A offering of $300 million of senior notes.

• Advised a Denver-based public E&P company in its Rule 144A offering of $300 million of notes.

• Advised a Denver-based public E&P company in its $210 million public offering of common stock.

• Advised a Montana-based public E&P company in connection with its Rule 144A offering of over $172 million of convertible senior notes.

• Advised a Montana-based public E&P company in an “at-the-market” offering of up to $100 million of common stock.

• Advised a Houston-based public oilfield and seismic services company in connection with its Rule 144A offering of $175 million of senior secured second priority notes. 

• Advised the initial purchasers in a Rule 144A offering of $375 million of convertible notes by a Fort Worth-based E&P company.

• Advised a Houston-based public oilfield and seismic services company in connection with its offer to exchange its $175 million of senior secured second priority notes for new notes and common stock.

• Advised a Tulsa-based E&P company in its concurrent private placements of $365 million of senior secured notes and $135 million of senior subordinated notes and warrants.

• Advised a Houston-based public E&P company in connection with its public offering of $1 billion of senior notes.

• Advised the initial purchasers in a Rule 144A offering of $350 million of senior notes by a master limited partnership.

• Advised the sales agents in an “at-the-market” offering of up to $100 million of common units by a master limited partnership.

• Advised a Houston-based public E&P company in an underwritten offering of $215.2 million of common stock. 

• Advised a Houston-based public E&P company in an “at-the-market” offering of up to $150 million of common stock.

• Advised a Houston-based public E&P company in a Rule 144A offering of $700 million of senior secured second lien notes.

• Advised a Houston-based public E&P company in exchange offers of approximately $1.57 billion of existing notes for new notes. 

• Advised a Houston-based public E&P company in an exchange offer of approximately $289.6 million of its existing notes for new notes.

Mayer Brown LLP (Houston)