Corporate & Securities

• Global Infrastructure Partners in its $250 million preferred equity investment in Caprock Midstream to fund the expansion of Caprock’s natural gas gathering and processing assets in the Permian Basin
• Global Infrastructure Partners in its preferred equity investment of up to $200 million in Dos Rios Crude Intermediate LLC, a subsidiary of Noble Midstream Partners LP formed to hold Noble Midstream’s 30 percent equity interest in the EPIC Crude Pipeline, which is being designed with an initial capacity of 590 MBbl/d from the Permian Basin and Eagle Ford to the Gulf Coast
• Gray Oak Pipeline, LLC in its $1.4 billion debut offering of senior notes
• Underwriters for Green Bancorp, Inc. in its $45.1 million public offering by certain shareholders of its common stock
• Kinder Morgan Energy Partners LP in its $1.9 billion public offering of common units
• Kinder Morgan, Inc. in its $2 billion public offering of senior notes
• Lilis Energy, Inc. in its $100 million preferred stock private placement
• Phillips 66 in a $1 billion offering of senior notes
• Phillips 66 in the $600 million offering of floating rate notes of Phillips 66 exchangeable into floating rate notes of Phillips 66 Partners LP, the first offering by a sponsor of an MLP of debt securities that are exchangeable at the option of the sponsor into debt securities of an MLP
• PPL Electric Utilities Corporation in its $250 million offering of first mortgage bonds
• Underwriters for Spirit of Texas Bancshares, Inc. in its $48.3 million initial public offering of common stock
• Sysco Corporation in its $1 billion offering of senior notes
• Textron Inc. in its public offering of $650 million of its notes in March 2020
• Three Rivers Natural Resource Holdings IV LLC in the equity commitment of up to $500 million from funds managed by energy private equity firm Riverstone Holdings LLC and additional amounts from the company’s management team
• Underwriters for Tucson Electric Power Company in the offering of $350 million of registered senior notes
• Underwriters for Veritex Holdings, Inc. in the offering of $125 million of subordinated notes

M&A

• Alinda Capital Partners in the 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
• Financial advisor to the Conflicts Committee of the Board of Directors of Archrock GP LLC in the $307 million acquisition by Archrock, Inc of all the outstanding common units of Archrock Partners
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of CNX Midstream Partners LP in connection with the $265 million acquisition of 95 percent interest in the Shirley-Pennsboro gathering system from CNX Resources Corporation
• Carlyle International Energy Partners as finance counsel in The Carlyle Group’s acquisition of Occidental’s entire onshore portfolio in Colombia for a total consideration of $825 million
• Castleton Commodities International LLC in the acquisition of more than 160,000 net acres of leasehold and Carthage midstream assets in East Texas from subsidiaries of Anadarko Petroleum Corporation for over $1 billion
• COG Operating LLC in the contribution of 13 salt water disposal wells and approximately 40 miles of large-diameter produced water gathering pipelines to Solaris Water Midstream, LLC in exchange for cash and equity in Solaris Midstream Holdings, LLC
• Cornerstone Build Brands, Inc. in its acquisition of Prime Window Systems, LLC
• DCP Midstream LLC in a 50/50 joint venture between Phillips 66 and Spectra Energy, in a transaction combining all of the assets and debt of DCP Midstream, LLC with DCP Midstream Partners, LP. The combination created the largest gathering and processing master limited partnership in the United States with a pro-forma enterprise value of approximately $11 billion
• General partner of DCP Midstream, LP in a transaction to eliminate all general partner economic interests in DCP and incentive distribution rights in DCP in exchange for 65 million newly issued DCP common units. The transaction had a total equity value of approximately $1.53 billion
• Drilling Tools International, Inc., a portfolio company of Hicks Equity Partners LLC, in its acquisition of the drill pipeline rental division of Premium Oilfield Services LLC
• DT Midstream in a $750 million financing in connection with its spinoff from DTE Energy Company
• East Texas Medical Center Healthcare System on antitrust aspects of the sale of substantially all assets to Ardent Health Services
• Eni S.p.A. in the $934 million sale of a participating interest in the Egyptian Shorouk Concession, containing the Zohr gas field, to Mubadala Petroleum
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Enviva Partners, LP (EVA), regarding an agreement by EVA to purchase Enviva Pellets Greenwood Holdings II, LLC, which, through its wholly owned subsidiaries, owns a wood pellet production plant in Greenwood, South Carolina, from its sponsor for cash consideration of $132 million and the assumption of a $40 million third-party promissory note
• Global Infrastructure Partners in its preferred equity investment of up to $200 million in Dos Rios Crude Intermediate LLC, a subsidiary of Noble Midstream Partners LP formed to hold Noble Midstream’s 30 percent equity interest in the EPIC Crude Pipeline, which is being designed with an initial capacity of 590 MBbl/d from the Permian Basin and Eagle Ford to the Gulf Coast
• Harvest Midstream Company in its $1.125 billion acquisition from Williams Partners L.P. of certain assets in the Four Corners area, including over 3,700 miles of pipeline, two gas processing plants and a CO₂ treating facility
• Holly Energy Partners in its $2.6 billion combination with Sinclair Transportation
• Holly Energy Partners, L.P. in the formation of a 50/50 joint venture, Cushing Connect Pipeline & Terminal LLC, with Plains All American Pipeline, L.P. for the purpose of owning and operating a crude oil terminal in Cushing, Oklahoma, and constructing, owning and operating a crude oil pipeline from Cushing to Tulsa, Oklahoma
• HPS Investment Partners, LLC and Kingfisher Midstream, LLC in the merger agreement among Kingfisher, Silver Run Acquisition Corporation II and Alta Mesa Holdings, LP to combine and form Alta Mesa Resources, Inc.
• J&J Worldwide Services in its sale to Arlington Capital Partners in partnership with J&J’s existing management team
• Kinder Morgan, Inc. and Kinder Morgan Canada Limited in its $1.546 billion sale of the US portion of the Cochin Pipeline to Pembina Pipeline Corporation and US counsel to KML in concurrent sale of all outstanding KML common equity to Pembina
• Lilis Energy, Inc. in the acquisition of approximately 2,798 net acres located in the Delaware Basin in Lea County, New Mexico from OneEnergy Partners, LLC
• Matlin & Partners Acquisition Corporation in its merger and contribution agreement with U.S. Well Services, LLC, creating one of the first publicly traded oilfield service companies with all-electric hydraulic fracturing capabilities with an enterprise value of $588 million
• Parsley Energy Inc. in its $2.8 billion acquisition of certain entities holding undeveloped acreage and oil and gas producing property in the Midland Basin from Double Eagle Energy Permian LLC and certain of its affiliates
• Pembina Pipeline Corporation in its CA$9.7 billion combined cash and stock acquisition of Veresen Inc.
• Phillips 66 in the formation of Bluewater Texas Terminal LLC, a joint venture with Trafigura Group Pte. Ltd., to develop an offshore deepwater port project in the Port of Corpus Christi
• Pioneer Bancshares, Inc., the holding company of Pioneer Bank, SSB, in its merger with FirstSun Capital Bancorp, holding company of Sunflower Bank, N.A. in an all-stock transaction
• Pioneer Natural Resources in the sale of approximately 20,000 net acres in western Glasscock County to Laredo Petroleum
• PreCheck, Inc. in its sale to Cisive, a global provider of compliance-driven human capital management and risk management solutions
• Prosperity Bancshares, Inc. in the $2.1 billion acquisition of LegacyTexas Financial Group, Inc., the second largest bank merger in the history of Texas ‒ M&A Transaction of the Year, 2020 Houston Outstanding Corporate Counsel Awards
• Sabalo Energy, LLC, a portfolio company of EnCap Investments L.P., in the $715 million sale of Sabalo’s Midland Basin Assets to Laredo Petroleum, Inc.
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Shell Midstream Partners, L.P., in connection with the partnership’s agreement to acquire Shell’s 25.97 percent equity interest in Explorer Pipeline Company and 10.125 percent equity interest in Colonial Pipeline Company for $800 million
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Shell Midstream Partners, L.P. regarding its agreement with its general partner to eliminate all incentive distribution rights and economic general partner interest in SHLX and an agreement with affiliates of its sponsor, Royal Dutch Shell plc (Shell), to acquire Shell’s 79 percent interest in Mattox Pipeline Company LLC, which owns the Mattox Pipeline, and certain logistics assets at the Shell Norco Manufacturing Complex
• Financial advisor to Conflicts Committee of Summit Midstream Partners in an agreement to prepay $100 million of a deferred purchase price obligation and fix the remaining obligation due in 2020 at $303.5 million and eliminate Summit Midstream Partners, LP economic general partner interest and incentive distribution rights in exchange for 8.75 million Summit Midstream Partners, LP common units
• Financial advisor to the board of directors of SunCoke Energy, Inc. in the acquisition by SunCoke Energy, Inc. of all outstanding common units of SunCoke Energy Partners, L.P. not already owned by SunCoke Energy, Inc. in a stock-for-unit merger transaction
• Tallgrass Energy Partners, LP in the $60 million acquisition of 2 percent membership interest in Tallgrass Pony Express Pipeline, LLC and other administrative assets from Tallgrass Development, LP
• Conflicts Committee of the Board of Directors of the general partner of Tallgrass Energy Partner, LP in the acquisition of all of Tallgrass Energy Partner, LP's publically held common units by Tallgrass Energy GP, LP in exchange for newly issued Class A Shares of Tallgrass Energy GP, LP valued at approximately $2.2 billion
• Conflicts Committee of the Board of Directors of the General Partner of Tallgrass Energy, LP in connection with a merger agreement pursuant to which affiliates of Blackstone Infrastructure Partners, together with affiliates of Enagas, GIC, NPS and USS, acquired all of the publicly held outstanding Class A Shares of TGE
• TC Energy Corporation in the approximately $1.275 billion sale of US midstream assets held by its subsidiary, Columbia Midstream Group, to a subsidiary of UGI Corporation
• Financial advisor to the Conflicts Committee of the Board of Directors of Teekay Offshore GP L.L.C. in the sale of publicly held common units of Teekay Offshore Partners L.P. to Brookfield Business Partners L.P.

MLPs

• Financial advisor to the Conflicts Committee of the Board of Directors of 8point3 General Partner, LLC regarding 8point3’s entry into a definitive merger agreement with CD Clean Energy and Infrastructure V JV, LLC, an investment fund managed by Capital Dynamics, Inc., and certain other co-investors
• Financial advisor to the Conflicts Committee of the Board of Directors of Archrock GP LLC in the $307 million acquisition by Archrock, Inc of all the outstanding common units of Archrock Partners
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Blueknight Energy Partners, L.P. in connection with the $90 million sale of three asphalt terminals located in Lubbock and Saginaw, Texas and Memphis, Tennessee to Ergon Asphalt & Emulsions, Inc.
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of CNX Midstream Partners LP in connection with the $265 million acquisition of 95 percent interest in the Shirley-Pennsboro gathering system from CNX Resources Corporation 
• Financial advisor to the Conflicts Committee of the Board of Directors of the general partner of CNX Midstream Partners LP in a strategic transaction involving its sponsor, CNX Resources Corporation, and HG Energy II Appalachia, LLC
• DCP Midstream, LLC in the 50/50 joint venture between Phillips 66 and Spectra Energy, in a transaction combining all of the assets and debt of DCP Midstream LLC with DCP Midstream Partners, LP. The combination creates the largest gathering and processing master limited partnership in the United States with a pro-forma enterprise value of approximately $11 billion
• Ferrellgas Partners, L.P. in its $175 million Rule 144A offering of senior notes
• Harvest Midstream Company in the $1.125 billion acquisition from Williams Partners L.P. of certain assets in the Four Corners area, including over 3,700 miles of pipeline, two gas processing plants and a CO₂ treating facility
• Holly Energy Partners, L.P. in connection with the $250 million acquisition from Plains All American Pipeline, L.P. of the 50 percent and 75 percent interest in Frontier Aspen LLC and SLC Pipeline LLC, respectively, that Holly Energy Partners does not already own
• Holly Energy Partners, L.P. in its $278 million acquisition from HollyFrontier Corporation of newly constructed crude, fluid catalytic cracking and polymerization units at HFC’s Woods Cross refinery
• Holly Energy Partners, L.P. in its acquisition from HollyFrontier Corporation of a 50 percent interest in Osage Pipe Line Company, LLC, which owns the 135-mile Osage pipeline that transports crude oil from Cushing, Oklahoma to El Dorado, Kansas
• Holly Energy Partners, L.P. in the IDR simplification transaction that will eliminate the incentive distribution rights held by its general partner and convert its general partner interest into a non-economic general partner interest in exchange for the issuance of common units of Holly Energy valued at $1.25 billion
• Kinder Morgan Energy Partners LP in its $1.9 billion public offering of common units
• Kinder Morgan, Inc. in its $70 billion acquisition of the outstanding equity securities of Kinder Morgan Energy Partners, L.P., Kinder Morgan Management, LLC and El Paso Pipeline Partners, L.P.
• Conflicts Committee of the Board of Directors of the general partner of Midcoast Energy Partners, L.P. in connection with the merger agreement between MEP and Enbridge Energy Company, Inc., an indirect subsidiary of Enbridge Inc., whereby EECI will acquire, for cash, all of the outstanding publicly held common units of MEP
• Phillips 66 Partners LP in the formation of two joint ventures to develop midstream logistics in North Dakota with Paradigm Energy Partners, LLC that will enhance crude oil transportation, with capital commitments of the partners for approximately $300 million
• Financial advisor to the conflicts commits of the Board of Directors of SunCoke Energy Partners GP LLC in connection with the $245 million acquisition of SXC’s Granite City, Illinois, cokemaking facility
• Conflicts Committee of the Board of Directors of the general partner of Tallgrass Energy Partners, LP in connection with the acquisition of all of Tallgrass Energy Partner, LP’s publicly held common units  by Tallgrass Energy GP, LP in exchange for newly issued Class A Shares of Tallgrass Energy GP, LP valued at approximately $2.2 billion
• Conflicts Committee of the Board of Directors of the general partner of Tallgrass Energy Partners, LP in the acquisition of an additional 31.3 percent interest in Tallgrass Pony Express Pipeline, LLC for $475 million of cash and 6,518,000 common units
• Tallgrass Energy Partners, LP in the $60 million acquisition of 2 percent membership interest in Tallgrass Pony Express Pipeline, LLC and other administrative assets from Tallgrass Development, LP
• Conflicts Committee of the Board of Directors of VTTI Energy Partners GP, LLC in its $75 million acquisition of a 6.6 percent interest in VTTI MLP B.V.  
• Special Committee of the Board of Directors of the general partner of Western Gas Partners, LP in the $750 million acquisition of Springfield Pipeline LLC from Anadarko Petroleum Corporation
• Conflicts Committee of the Board of Directors of the general partner of Western Refining Logistics, LP in connection with merger with Andeavor Logistics LP in a unit-for-unit transaction valued at $1.8 billion
• Conflicts Committee of the Board of Directors of the general partner of Western Refining Logistics, LP in the acquisition from St. Paul Park Refining Co. LLC of four million barrels of refined product and crude oil storage tanks, a light products terminal, a heavy products loading rack, certain rail and barge facilities, certain other related logistics assets, and two crude oil pipeline segments and one pipeline segment not currently in service