Austin Lee Honored as Law360 Rising Star for Energy

HOUSTON – Law360 recognized Bracewell LLP’s Austin Lee as a Rising Star in Energy. He is one of 168 lawyers under the age of 40 that Law360 honored for “legal accomplishments that transcend their age,” and one of five energy lawyers to be recognized. The complete list of winners is available here.

Lee brings an insider’s perspective to his work on oil and gas transactions. Prior to joining Bracewell, he was an independent petroleum landman. Lee started his legal career at Bracewell in 2009. He spent one year outside the firm working in-house as upstream legal counsel at an independent exploration and production company. Lee has represented clients, in various roles, on transactions totaling more than $30 billion in deal value over the course of his career.

Some of the more recent transactions on which he has advised include:

• GEP Haynesville, LLC in an asset swap with Vine Oil and Gas, LP whereby the parties exchanged non-operated working interests in the majority of Vine’s and GEP’s joint venture assets located in Red River, DeSoto and Sabine parishes in northwest Louisiana (January 2018)
• Parsley Energy, Inc. in its $2.8 billion acquisition of certain entities holding undeveloped acreage and producing oil and gas properties containing approximately 71,000 net acres in the core of the Midland Basin from Double Eagle Energy Permian LLC and certain of its affiliates (April 2017)
• American Resource Development (Ameredev) in its $615 million cash sale of undeveloped acreage and producing oil and gas properties in the Delaware Basin to Callon Petroleum Operating Company (February 2017)