Chris Heasley

Chris’ experience includes advising:

Oil and Gas

• GEP Haynesville II on the sale of its majority interest in South Mansfield upstream to JERA*
• Diversified Energy on:
  • Its pending US$550 million acquisition of Canvas Energy*
  • Issuing US$530 million of asset-backed securities backed by producing wells, and the associated repayment of certain previously issued asset-backed securities and an outstanding term loan*
  • Issuing US$610 million of asset-backed securities backed by producing wells, and the associated repayment of certain previously issued asset-backed securities*
  • Acquiring certain upstream oil and gas assets and related facilities in Oklahoma and Texas from ConocoPhillips for US$240 million*
• Crescent Energy on:
  • Its US$3.1 billion all-stock acquisition of Vital Energy*
  • Its US$815 million all-cash acquisition of Uinta Basin assets from Verdun Oil Company II*
• Stone Ridge Energy on its pending US$1.3 billion acquisition of a portfolio of Oklahoma energy assets from ConocoPhillips*
• Echo on:
  • Selling Echo Minerals’ remaining mineral and royalty interests in the Permian and Anadarko basins to an undisclosed buyer*
  • Selling mineral and royalty interests in the Permian and Anadarko basins to Sixth Street Partners*
• Mach Natural Resources on:
  • Acquiring oil and gas assets in the Permian Basin from Sabinal Energy for US$500 million*
  • Acquiring interests in oil and gas properties, rights, and related assets located in certain counties in Oklahoma from Paloma Partners IV for US$815 million*
• Lime Rock Resources IV on its US$100 million sale of Central Basin Platform assets to Ring Energy*
• Diamondback Energy on:
  • Acquiring certain subsidiaries of Double Eagle IV Midco in exchange for 6.9 million shares of Diamondback common stock and US$3 billion cash*
  • Its US$4.45 billion drop-down sale of certain mineral and royalty interests to Viper Energy*
  • The exchange of certain of its Delaware Basin assets and US$238 million in cash for TRP’s Midland Basin assets*
  • Acquiring all leasehold interest and related assets of Lario Permian and certain associated sellers in exchange for 4.18 million shares of Diamondback common stock and US$850 million of cash*
  • Acquiring all leasehold interest and related assets of FireBird Energy in exchange for 5.86 million shares of Diamondback common stock and US$775 million of cash*
• An upstream oil and gas operator on definitive documentation for a long-term CO2 supply arrangement in connection with the operator’s CO2 EOR project*
• Crescent Energy on:
  • Acquiring Central Eagle Ford assets from Ridgemar Energy for US$905 million*
  • Acquiring Central Eagle Ford assets for US$168 million*
  • Acquiring Western Eagle Ford assets from Mesquite Energy for US$600 million*
• Franklin Mountain Energy and Avant Natural Resources on selling assets in the Permian Basin to Coterra Energy for a combined US$3.95 billion*
• The seller of a package of natural gas properties in eastern Texas on a purchase and sale agreement with Diversified Energy*
• Benchmark Energy II on:
  • Investing a majority interest in Benchmark by Acacia Research Corporation*
  • Acquiring upstream oil and gas assets in the Western Anadarko Basin in Oklahoma and Texas from Revolution Resources*
  • Obtaining a new US$150 million revolving credit facility from Frost Bank that refinances existing debt, supports ongoing working capital needs, and helped Benchmark acquire significant upstream assets and related facilities within the Western Anadarko Basin*
• Tall City Property Holdings III on selling its Delaware Basin assets to Vital Energy for US$285 million in cash and 1.58 million common shares*
• Magnolia Oil & Gas on its US$300 million acquisition of 48,000 net acres in Giddings*
• Engine No. 1 on its proposed strategic partnership with Vale and Manara Minerals to invest in Vale Base Metals*
• Hatch Royalty on Kimbell Royalty Partners’ approximately US$290 million purchase of its mineral and royalty interests in the Permian Basin*
• Mesa Royalties II on acquiring a mineral and royalty portfolio of approximately 15,000 net royalty acres in the core of the Haynesville Shale from an undisclosed seller*
• RimRock Oil & Gas on its US$865 million sale of leasehold interest and related assets in the Williston Basin to Devon Energy*
• Formentera Partners on acquiring upstream oil and gas assets and carbon capture assets from Rockall Energy Holdings as part of the Section 363 sales process of the debtor seller*
• APR Operating on selling oil and gas assets in the Permian Basin to Petro-Hunt*
• Avenue Capital and Echo Energy on selling oil and gas mineral interests to Brigham Minerals for a combination of cash and Brigham shares*
• Maverick Natural Resources on:
  • Its US$1.275 billion acquisition by Diversified Energy*
  • Its US$440 million acquisition of certain producing properties in the Permian Basin from ConocoPhillips*
  • Merging with FourPoint Energy LLC to create Unbridled Resources*
  • Acquiring producing properties in the Overton field in East Texas, including approximately 11,000 net acres and 2,700 net boepd*
• Warburg Pincus and Chisholm Energy Holdings on Chisholm’s US$604 million divestiture of its Northern Delaware Basin assets to Earthstone Energy*
• A private equity-backed oil and gas company on the US$508.3 million divestiture of its assets to Lime Rock Resources*
• GEP Haynesville on its US$1.85 billion sale to Southwestern Energy*
• JDH Capital on selling two peaker power plants to Rockland Capital*
• HG Energy II Appalachia/Quantum on:
  • Selling certain oil and gas assets to an affiliate of Wincoram Asset Management for US$400 million*
  • The US$400 million divestiture of producing unconventional wellbores to Diversified Gas & Oil Corporation*
  • Acquiring Noble Energy’s upstream assets in the Marcellus Shale play for US$1.23 billion*
• Warburg Pincus and Hawkwood Energy on Hawkwood’s US$650 million acquisition by WildFire Energy I*
• Extraction Oil & Gas on:
  • Civitas Resources’ US$4.5 billion acquisition of Crestone Peak Resources*
  • Its approximately US$2.6 billion all-stock merger of equals with Bonanza Creek Energy*
• Mesa Minerals Partners on selling oil and gas mineral interests in the Haynesville natural gas play to a subsidiary of Franco-Nevada Corporation*
• QL Capital Partners on forming an up to US$550 million drilling partnership with Antero Resources*
• Northern Oil and Gas on acquiring certain non-operated natural gas assets in the Appalachian Basin from a subsidiary of Reliance Industries*
• Guidon Operating on divesting all leasehold interests and related assets to Diamondback Energy for 10.63 million shares of Diamondback common stock and US$375 million*
• BCE-Mach III on acquiring Alta Mesa Holdings and its subsidiaries’ upstream oil and gas assets and Kingfisher Midstream and its subsidiaries’ midstream assets as part of the Section 363 sales process of the debtor sellers*
• Santa Elena Minerals on its US$150 million sale of certain mineral and royalty interests to Viper Energy Partners in an all-equity transaction*
• KKR/Spur Energy Partners on its US$925 million acquisition of assets in the New Mexico Shelf from Concho Resources*
• Hilcorp Alaska on its US$5.6 billion acquisition of BP’s upstream and midstream business in Alaska*
• Desert Royalty on combining with Kimmeridge Energy Management to form Desert Peak Minerals*
• BCE-Mach II on acquiring producing properties in Oklahoma and Texas*
• A private operator on a US$165 million drilling participation arrangement with a Development Capital Resources-managed subsidiary, capitalized by funds managed by affiliates of Ares Management, to jointly develop drilling locations in the Permian Basin’s Wolfcamp formation*
• Gastar Exploration/Ares on its strategic combination and merger with Chisholm Oil and Gas*
• Ensign Natural Resources/Warburg Pincus on acquiring Pioneer Natural Resources’ Eagle Ford Shale assets, including approximately 59,000 net acres and 14,400 net boepd*
• Vanguard Natural Resources on:
  • Selling its interest in properties in Mississippi to a private equity-backed oil and gas company and a private oil and gas company*
  • Selling its interest in properties in the Permian Basin to a private oil and gas company*
  • Selling its interest in properties in the Green River Basin to a private equity-backed oil and gas company*
  • Swapping its interest in properties in Wyoming with a private oil and gas company*
  • Selling its interest in natural gas properties and associated midstream assets in the Arkoma Basin to a private oil and gas company*
  • Selling its interest in properties in Texas to a private oil and gas company*
• BCE-Mach on acquiring Repsol E&P USA’s producing properties in Alfalfa, Garfield, Grant, Kay, Major, Harper, Noble, Pawnee, Payne, Woods and Woodward counties, Oklahoma and Barber, Comanche, Finney, Ford, Gove, Gray, Harper, Hodgeman, Ness, Reno, Scott, and Sumner and Wichita counties, Kansas*
• KKR/Venado Oil & Gas on:
  • Acquiring operated assets from Texas American Resources Company I*
  • Its US$300 million acquisition of certain of EXCO Resources’ producing and non-producing oil and natural gas properties in South Texas*
• FourPoint Energy on forming a new pure-play Midland Basin joint venture with Double Eagle Energy Holdings III*
• A private equity-backed oil and gas company on its US$553 million acquisition of Devon Energy’s oil and gas properties in the Barnett Shale*
• Ares Management on its majority investment in Admiral Permian Resources and the related acquisition of more than 59,000 net acres from Three Rivers Operating Co. III in the Delaware Basin*
• HG Energy II Appalachia on its exchange transaction with CNX Resources and CNX Midstream Partners*
• Warburg Pincus/RimRock Oil & Gas Williston on the US$500 million acquisition of non-operated upstream assets in the Bakken Shale from Whiting Petroleum*
• GSO/Sequel Energy Group on forming a US$325 million drilling partnership to develop domestic unconventional resources in the Utica Shale with Eclipse Resources*
• Alta Marcellus Development on its US$1.24 billion acquisition of operated and non-operated upstream assets and operated midstream assets in the Marcellus Shale of north-central Pennsylvania from Anadarko Petroleum*
• KKR on:
  • Its US$625 million divestiture of certain Eagle Ford Shale assets owned by KKR and Anadarko Petroleum to WildHorse Development paid in cash and WRD common stock*
  • Forming a drilling partnership with Anadarko Petroleum to develop Eaglebine Shale assets*
  • Multiple drilling partnerships to develop Eagle Ford Shale assets*
• A private equity fund on divesting and unwinding an existing drilling partnership with a private oil and gas company to develop Eagle Ford Shale assets*
• A private equity-backed oil and gas company on its substantial acquisition of certain non-operated oil and gas properties in the Eagle Ford Shale*
• Indigo Haynesville on its agreement to purchase from Chesapeake Energy a portion of its acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximately US$450 million and associated placement of second-lien and equity financing with a syndicate of private equity firms*
• Samson Resources on its chapter 11 restructuring in the United States Bankruptcy Court for the District of Delaware; Samson successfully executed six simultaneous asset sales during its restructuring, with an aggregate purchase price of US$650 million, and negotiated a global settlement with its major stakeholders, resolving all open issues in its bankruptcy*
• An independent oil and gas company on forming an acquisition partnership to acquire and develop oil and gas assets in the Permian Basin*
• A private equity fund on unwinding an existing drilling partnership with a private oil and gas company and the associated acquisition of additional working interest in the Eagle Ford Shale*
• KKR/Haymaker Resources on acquiring Chesapeake Energy’s producing and non-producing mineral and royalty interests associated with over 8,500 wells across 24 states and 324 counties*
• A large global investment fund on forming a drilling participation arrangement with Gastar Exploration to jointly develop up to 60 Gastar-operated wells in the STACK play in Kingfisher County, Oklahoma*
• An independent oil and gas company on its US$423 million acquisition of Devon Energy’s oil and gas properties in the southern Midland Basin*
• TPG Special Situations Partners on forming a US$400 million drilling partnership to develop domestic unconventional resources in the Midland Basin with Hunt Oil Company*
• A private equity fund on forming a drilling partnership to develop assets in the Permian Basin*
• Indigo Minerals on its US$375 million equity capital raise and the acquisition of certain producing and undeveloped Cotton Valley and Haynesville properties from a private exploration and development company*
• An independent oil and gas company on divesting its undivided working interest in large-scale position in the Permian Basin*
• Seneca Resources on forming a drilling partnership to develop unconventional resources in Pennsylvania with an affiliate of IOG Capital and Fortress Investment Group and the subsequent modified extension of the original joint development agreement*
• KKR/Fleur de Lis Energy on acquiring Anadarko Petroleum’s CO2 enhanced oil recovery properties in the Powder River and Green River Basins of Wyoming*
• GSO Capital Partners on forming a US$500 million drilling partnership to develop domestic unconventional resources with Linn Energy*
• A private equity fund on forming drilling partnership to develop unconventional resources in South Texas*
• East Resources and a private oil company on the US$1.75 billion divestiture of oil and gas assets in the Utica*
• A private equity fund on forming a drilling partnership to develop Bakken Shale assets*
• Carlyle Group on its joint venture with Hilcorp Energy to develop Utica Shale assets*
• Dominion Resources on farming out 90,000 Marcellus Shale acres of underlying gas storage fields to CONSOL Energy*
• An international oil company on structuring its initial investments in US Gulf of Mexico deepwater oil and gas assets*

Renewables and Energy Transition

• Hatch Renewables on its battery storage partnership with Equilibrium Energy*
• Pacolet Milliken on its joint venture investment with Evensol*
• Tailwater Capital and its portfolio company Blue Tide Environmental on selling a 49% interest in Blue Tide Environmental to Pennzoil-Quaker State*
• TPG Rise Climate on its 1/3 equity investment in Monarch Bioenergy*
• Cypress Creek Renewables on tax equity financing for the 270 MW Shakes solar project *
• A private equity fund on a preferred equity investment in a direct air carbon capture business*
• A private equity fund on acquiring a 150 MW solar project and 20 MW storage project*
• A private equity fund on a joint venture to acquire royalty interests on wind generation projects*

Technology

• Thoma Bravo on Riskonnect’s growth investment by TA Associates*
• HGGC on its US$240 million joint investment in Fullscript with Snapdragon Capital Partners*
• A private equity fund on a private tender offer for a leading healthcare supplement provider*
• A private equity fund on acquiring an enterprise software provider*

*Matter handled prior to joining Latham