Tag Archive: Oil and Gas Deals

  1. Willow Legal Advisors – March 2024 Firm Highlights

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    Willow’s first quarter of 2024 wrapped up by closing several transactions and advising on a variety of commercial agreements. Willow loves closing transactions because each one memorializes a client’s vision coming to fruition, and we are always excited to review and negotiate agreements designed to expand a client’s commercial activities.  Here are a few highlights:

     

    1.   Willow represented a client in the sale of nearly 200 oil and gas wells along with other real property rights. Willow prepared both the sale and financing documents for this seller-financed transaction and was thrilled to be a part of our client’s well-deserved retirement.

     

    2.   Willow assisted an oil and gas client on the closing of an acreage trade agreement with another production company. This deal was a bruiser!  It was in the works for nearly 18 months, and we were thrilled to hear our client’s relief at finally bringing this one across the finish line.

     

    3.   Willow represented a client in the sale of a retail sales business. This business was a passion project straight from our client’s heart, and our client was eager to pass the reins of her thriving store to an energetic group committed to the business’s future expansion and success.

     

    4.   On the commercial front, Willow assisted an oil and gas producer in the review and execution of commercial agreements regarding increased recovery of certain natural gas liquids. These sorts of agreements allow production companies to leverage their NGL recoveries in response to favorable commodity pricing and are also indicative of a sophisticated and adaptive management team.

     

    5.   Willow assisted a long-time client with the review of several agreements relating to the client’s hedge fund strategies. Willow has traditionally assisted this client with their private equity fund-related agreements and was excited to assist with the client’s hedge fund strategies as well.

     

    Thanks for reading!

  2. Willow Legal Advisors – January 2024 Firm Highlights

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    Sarah and Daniel started January focused on firm-planning and organizational improvements and ended the month working on several transactions for newly onboarded clients.  It was a fun month of growth for Willow!  Here are a few of the highlights:

    1.     Willow implemented a new document management system to store its firm and client files on an organized and secure cloud-based server. This may not sound too exciting; however, this is a huge milestone for Willow, and we are thrilled to be using a sophisticated system that adds efficiency to our work product and significantly improves internal communication.

    2.    Willow updated an oil and gas client’s form of master service agreement in response to recent litigation and changes in market norms. While many companies adopt forms without making routine updates, we ensure our clients are aware of changes in the legal landscape so they can decide when changed circumstances support amending or replacing form agreements.

    3.    Willow assisted a new client in the sale of nearly 200 oil and gas wells along with other real property rights. As this deal is seller-financed, Willow prepared both the sale and financing documents for the transaction, which will close in February.

    4.    Willow assisted a long-time corporate client in adopting certain governance policies that promote better transparency among members. Willow also assisted this client in preparing documentation to support its effort to become a certified women-owned business.

    5.    Sarah had a blast judging the first round of the inaugural Ignite WV Competition. The finalists will compete in April during Bridging Innovation Week and, in the meantime, will go through trainings, mentoring and benchmarking with the goal of being awarded $100,000 or more (depending on need) of technical assistance funds in the final round of the competition.

    Thanks for reading!

     

    The information provided in this article does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only.