Alan Rafte, chair of the firm’s business and regulatory section, serves clients in transactions that involve upstream, midstream and downstream oil and gas assets; merchant electric generation facilities; and energy commodity trading. He represents private equity investors, energy businesses, financial institutions and commodity trading businesses in transactions that include acquisitions and divestitures of assets and companies, joint venture arrangements, structured finance, leveraged finance, project development and project finance.
Alan is highly ranked in 2019 Chambers Global in Energy: Oil & Gas (Transactional) (Band 1) and in 2018 Chambers USA in Energy: Oil & Gas (Transactional) (Band 1) and Projects.
Recent Notable Matters
Alinda Capital Partners — sale of NorTex Midstream Partners, LLC, a company owned by funds managed by Alinda that own Texas gas storage facilities, to a subsidiary of Castleton Commodities International LLC (2018)
Apache Corporation — creation of $3.5 billion midstream company with Kayne Anderson Acquisition Corp., forming the only publicly traded, pure-play Permian Basin midstream company that is a C-corporation (2018)
Apache Corporation — strategic partnership with EPIC Midstream Holdings, LP and Noble Energy Inc. to develop the EPIC Crude Oil Pipeline, including transportation service agreements, tariffs and related regulatory matters (2018)
Apache Corporation — formation of SCM Alpine, LLC, which will own and operate a greenfield NGL y-grade pipeline, including transportation service agreements, tariffs and related regulatory matters (2018)
GEP Haynesville, LLC — exchange of non-operating working assets located in the Haynesville Basin with Vine Oil & Gas LP (2018)
HPS Investment Partners, LLC and Kingfisher Midstream, LLC — merger agreement between Kingfisher, Silver Run Acquisition Corporation II and Alta Mesa Holdings, LP to combine and form Alta Mesa Resources, Inc. (2018)
Phillips 66 Partners LP — joint venture construction and operating agreements with Andeavor and an equity option with Canadian midstream company Enbridge Inc. in relation to the Gray Oak Pipeline, LLC joint venture, and in a joint venture with Buckeye Partners LP to develop the new South Texas Gateway Terminal at the mouth of Corpus Christi Bay (2018)
Pioneer Natural Resources Company — divestiture of its pressure pumping assets to ProPetro Holding Corp. in exchange for total cash and stock consideration of $400 million and entry into a 10 year pressure pumping and related services agreement with ProPetro (2018)
Pioneer Natural Resources Company — agreement with undisclosed buyer to sell all of its assets in the West Panhandle field in Texas for $201 million (2018)
Pioneer Natural Resources Company — sale of its assets in the Raton Basin in southeastern Colorado to Evergreen Natural Resources LLC (2018)
Apache Corporation — sale of its subsidiary, Apache Canada Ltd., to Paramount Resources Ltd, which includes properties located in the provinces of Alberta and British Columbia (2017)
Castleton Commodities International LLC — equity investment by Tokyo Gas America Ltd. in CCI’s subsidiary, Castleton Resources LLC, which owns upstream assets in East Texas (2017)
Alinda Capital Partners and GE Energy Financial Services — sale of SourceGas Holdings LLC to Black Hills Corp. for $1.89 billion (2016)
ArcLight Capital Partners — purchase of the FERC-regulated Trans-Union Pipeline from Entegra Power Group and related acquisition financing (2016)
Canada Pension Plan Investment Board — $450 million commitment by its wholly-owned subsidiary, CPPIB Credit Investments, to LongPoint Minerals, LLC, and entity formed to buy minerals and royalties in the U.S. (2016)
Chevron Corporation — sale of a natural gas liquid logistics system to Phillips 66 Partners LP (2016)
Pioneer Natural Resources Company — acquisition of 28,000 acres in the Midland Basin from Devon Energy Corporation for $435 million (2016)
Howard Midstream Energy Partners, LLC — purchase of northeast Pennsylvania gathering assets from Southwestern Energy Company for $500 million (2015)
Howard Midstream Energy Partners, LLC and its subsidiary, Maverick Terminals — acquisition of a majority interest in the GT Omniport Terminal from GT Logistics (2015)
Phillips 66 Partners LP — agreements with Paradigm Energy Partners, LLC to form two joint ventures to develop midstream logistics in North Dakota that will enhance crude oil transportation, with capital commitments of the partners for approximately $300 million (2015)
Apache Corporation — $1.4 billion sale of its interests in the Lucius and Heidelberg deepwater Gulf of Mexico developments to Freeport-McMoRan Copper & Gold Inc. (2014)
Chesapeake Energy Corporation — $1.25 billion sale to GSO, TPG, EIG Global and Magnetar of preferred shares in a subsidiary related to its Cleveland Tonkawa assets in Oklahoma and the subsequent repurchase all of the outstanding preferred shares (2014)
Chevron Corporation — sale to ONEOK Partners, LP. of the Mesquite Pipeline and its 80% interest in the West Texas LPG Pipeline Limited Partnership for approximately $800 million (2014)
Chevron Pipe Line Company and Chevron Midstream Pipelines LLC — sale of Gulf Coast natural gas pipeline assets to EnLink Midstream Partners, LP and EnLink Midstream, LLC for $235 million (2014)
Highbridge Principal Strategies — $350 million recapitalization of Alta Mesa Holdings, Inc. through a combination of convertible preferred stock and senior notes (2014)
Publications and Speeches
“Private Equity Development Joint Ventures,” The 82nd Annual API Federal Tax Forum, April 2016.
“Distressed Situations in Oil and Gas,” 81st Annual API Federal Tax Forum, April 2015.