Acquisition and Divestiture Due Diligence

The acquisition or divestiture process for oil and gas properties, although often seen as onerous, is a critical aspect of any purchase or sale of oil and gas assets. The acquisition of oil and gas properties, with its complex agreements, time constrained due diligence, and post-closing responsibilities presents serious challenges for even the most seasoned oil and gas professionals. For these reasons, you need an experienced oil and gas attorney, familiar with the hidden traps inherent in such transactions, with a proven track record of success, and the ability to lead a team of professionals to get the job done. At Michael S. Browning P.C. we bring all of these skill sets, and more, to ensure that your deal gets done in a timely fashion. Additionally, it is our practice philosophy to keep in close communication with clients at all stages of an acquisition or divestiture process.

At Michael S. Browning P.C. we are dedicated to providing superb, affordable legal services with your specialized needs in mind. Given the rapidly changing nature of transactions and the unusual title circumstances that may arise, we pride ourselves on staying in close communication with clients at all stages of an acquisition or divestiture. Additionally, we are very conscious of the strict deadlines that frequently accompany the purchase or sale or oil and gas assets, and we have number of attorneys can be called upon to assist an ongoing transaction.

Before entering into an agreement for the acquisition or divestiture of oil and gas assets, consider consulting with us.

Representative Matters:

• Lead a team of attorneys representing an E&P company conducting due diligence for oil and gas leasehold interests valued over $2.5 billion covering lands in West Texas.
• Lead a team of attorneys representing an E&P company conducting due diligence for oil and gas leasehold interests valued over $500,000,000.00 covering lands in West Texas.
• Represented a mid-size E&P company conducting due diligence for oil and gas leasehold interests valued at $14,000,000.00 covering lands in West Texas.
• Assisted in due diligence title evaluation of multiple high value properties in a $1.3 billion acquisition for a major oil and gas producing company in DeWitt and Karnes Counties, Texas.