John Stavinoha

John’s representative work includes advising:

Traditional Energy

• Apache Corporation on its:
  • US$608 million sale of certain unconventional producing assets in the state of New Mexico to Permian Resources Corporation*
  • US$950 million sale of non-core oil and gas assets in the Permian Basin*
  • Sale of approximately 24,000 net royalty acres across several counties in the Midland Basin*
• Rock River Minerals IV, LP on its divestiture of approximately 8,500 royalty acres in the Midland Basin to Freehold Royalties*
• Several private equity-backed E&P companies on transactions, including:
  • A US$505 million in cash sale of Delaware Basin assets to APA Corp.*
  • A US$300 million acquisition of certain unconventional oil and gas assets located in New Mexico*
  • An acquisition of certain oil and gas assets from a publicly traded oil and gas company in the DJ Basin*
• A publicly traded midstream company on an anchor shipper arrangement with a large publicly traded exploration and production operator for the buildout of a gathering system in the Utica Shale*
• MB Minerals LP on the US$143 million sale of Midland Basin mineral and royalty interests to Kimbell Royalty Partners, LP*
• Driftwood Energy Operating, LLC on the sale of assets in the Midland Basin to Vital Energy, Inc.*
• Sable Offshore Corp.on its purchase from Exxon Mobil Corporation of the Santa Ynez field in federal waters offshore California and associated onshore processing and pipeline assets*
• Aris Water Solutions, Inc. on:
  • Acquiring seven saltwater disposal wells and related infrastructure from Delaware Energy Services, LLC for approximately 3.37 million of Class A shares of Aris stock plus a small, volumetric-based contingent consideration paid over five years*
  • Negotiating a long-term, full-cycle water management agreement with Chevron U.S.A. Inc. for properties located in the Permian Basin*
• Titus Oil & Gas Production, LLC and Titus Oil & Gas Production II, LLC on a US$627 million divestiture of New Mexico assets located in the northern Delaware Basin to Earthstone Energy, Inc.*
• Sabalo Energy, LLC on its:
  • Sale of Midland Basin assets to Laredo Petroleum Inc. for US$606 million in cash and 2.507 million shares of Laredo’s common stock*
  • Divestiture of produced water gathering and recycling infrastructure assets in the Midland Basin to H2O Midstream LLC, including negotiating long-term produced water gathering, disposal, and recycling agreements*
• WaterBridge Resources LLC on its:
  • US$125 million acquisition of produced water assets from PDC Energy, Inc. and negotiation of water services agreements*
  • US$238 million acquisition of saltwater disposal assets from NGL Energy Partners LP*
• GEP Haynesville, LLC on its:
  • Exchange of non-operating working interests located in the Haynesville Basin with Vine Oil & Gas LP*
  • Upstream joint venture with a subsidiary of The Williams Companies, Inc. for the acquisition of an interest in and development of Williams’ South Mansfield Assets in the Haynesville Shale*
• Parsley Energy Inc. on its US$2.8 billion acquisition of certain entities holding undeveloped acreage and producing oil and gas properties in the core of the Midland Basin from Double Eagle Energy Permian LLC*

Carbon Capture

• Kinder Morgan on a pore space lease of 10,800 acres near the Houston Ship Channel from TGS Cedar Port Partners, LP to develop CO2 sequestration solutions for nearby sources of emissions*
• A Fortune 500 O&G operator on a carbon sequestration project in the Permian Basin involving analysis of land rights on approximately 25,000 acres and drafting pore space lease forms*
• King Ranch, Inc. on a pore space lease and surface use agreement covering approximately 106,000 acres for the development of an industrial-scale direct air capture carbon sequestration project in Kleberg County, Texas*
• Talos Low Carbon Solutions LLC on developing several Gulf Coast carbon capture and storage projects along US Gulf Coast and Texas state waters, including offshore Jefferson County and the Port of Corpus Christi*

*Matter handled prior to joining Latham