Overview

Sam Patranella is a Mayer Brown partner based in Austin, Texas. Sam is a member of the Corporate & Securities, Private Equity and Energy Transactions practices. He represents public and private companies, private equity funds, and management teams in the domestic and international energy space.

In addition to being a transactional lawyer, Sam is an accomplished entrepreneur with extensive commercial experience in the energy industry. He guided Luxe Energy LLC and Luxe Minerals LLC, two private equity backed companies, as vice president, general counsel & corporate secretary through M&A, divestments, capital raises, operations, and a myriad of other matters from formation to exit. Sam also founded and grew a successful energy transactions services firm.

Sam began his career as an oil and gas attorney in Midland, Texas, before going in-house with Concho Resources Inc. and Statoil ASA.

Experience

Mergers, Acquisitions and Divestitures

  • Represented a private equity backed portfolio company in its $140 million acquisition of Permian Basin assets from Centennial Resources.
  • Represented a private equity backed portfolio company in its $139 million acquisition of Permian Basin assets from Concho Resources.
  • Represented a private equity backed, minerals focused portfolio company in its acquisition of mineral and royalty interests from Tumbleweed Royalties.
  • Represented a private equity backed portfolio company in its proposed acquisition of Permian Basin assets from Anadarko Petroleum Corp.
  • Represented a private equity backed portfolio company in a complex trade of Permian Basin assets with a Fort Worth based private equity backed portfolio company.
  • Represented a private equity backed portfolio company in its acquisition of Permian Basin assets from Shell.
  • Represented a private equity backed portfolio company in its $560 million divestment to Diamondback Energy Inc.
  • Represented a private equity backed portfolio company in its acquisition of Southern Delaware Basin assets from Finley Resources Inc.
  • Represented a private equity backed portfolio company in its acquisition of Southern Delaware Basin assets from Endeavor Energy Resources LP.
  • Represented a public energy company in its $1 billion acquisition of Texas and New Mexico Permian Basin oil and gas assets from Three Rivers Operating Company.
  • Represented a public energy company in its $185 million acquisition of Texas Permian Basin oil and gas assets from PDC Energy, Inc.
  • Represented a public energy company in its $250 million acquisition of OGX Resources LLC.
  • Represented a public energy company in its acquisition of Delaware Basin non-producing oil and gas assets, consisting of 62,000 net acres, from Lone Star Oil & Gas Inc.
  • Represented a public Norwegian company in its $19.75 million divestment oil and gas assets in the Texas Wolfberry Formation.
  • Represented a public Norwegian company in its $22 million divestment of oil and gas assets in the Texas Vicksburg Formation.
  • Represented a public Norwegian company in multiple acreage and well trades in the North Dakota Bakken Formation valued at approximately $50 million.
  • Represented a public energy company in the drafting and negotiating of a joinder agreement with ConocoPhillips exercising a preferential right to purchase properties in West Texas for $5 million.
  • Represented a public energy company in the proposed purchase of a multi-thousand acre ranch in Upton County, Texas.

Other Transactional Matters

  • Represented a private equity backed portfolio company in its successful debt raise from EIG Global Energy Partners utilizing an innovative “drill-ship” structure.
  • Represented a private equity portfolio company in a water usage and dedication transaction with WaterBridge Resources LLC consisting of fresh water production, saltwater disposal, royalties, equity and usage rights.
  • Represented a private equity portfolio company in the negotiation of its gas gathering agreement with SCM.
  • Represented a private equity portfolio company in the negotiation of its crude oil transportation agreements with Oryx Midstream.
  • Represented clients in all phases of E&P, including joint operating agreements, deeds, assignments, partition agreements, seismic exploration agreements, term assignments and farmouts, stipulation agreements, ratifications, revivors and releases, surface use agreements, sub-surface agreements, material oil and gas leases, data exchange agreements, road use and maintenance agreements, facilities sharing agreement, etc.
  • Represented a public Norwegian company in successfully negotiating a favorable outcome with the Texas General Land Office over conflicting termination provisions in GLO leases obtained in an acquisition.
  • Represented a public Norwegian company in successfully negotiating with the Bureau of Land Management and Department of the Interior for a lease extension on Indian Lands in North Dakota.
  • Represented a public Norwegian company beside another public energy company in the drafting and negotiating of a Bakken Formation wide mutually acceptable JOA to be used as both operator and non-operator, covering a multi-thousand acre area.

Education

Texas A&M University, BBA, cum laude

Texas Tech University School of Law, JD, cum laude

Texas Tech University, MBA

Admissions

  • Texas
  • New Mexico