Named a Texas Rising Star*

*Texas Rising Stars is a Thomson Reuters service printed in Texas Monthly

Texas Monthly, 2014-2019

Stephen C. Szalkowski

Houston
  • 811 Main Street
  • Suite 3700
  • Houston, TX 77002
  • USA
 
 

Stephen C. Szalkowski is a partner in the Houston office and a member of the Mergers & Acquisitions Practice. He focuses his practice on domestic energy transactions with an emphasis on acquisitions and divestitures, joint ventures, and private equity investments in the upstream, midstream, and water sectors of the oil and gas industry.

Mr. Szalkowski has significant experience in:

  • JVs and other strategic combinations in connection with the development of upstream, midstream, and water assets
  • Acquisitions and divestitures of upstream, midstream, and water assets and businesses
  • Upstream, midstream, and water commercial contracts, including JOAs, gathering, processing and disposal agreements, and services agreements

Select representative transactions include advising:

  • QEP Resources in its US$735 million sale to Aethon Energy of QEP’s Haynesville Shale upstream assets and midstream business
  • Hess Infrastructure Partners in a joint venture with Targa Resources to develop the Little Missouri 4 gas processing facility in North Dakota
  • A private E&P company in multiple acquisitions of DJ Basin oil and gas properties from various private sellers
  • A private E&P company in multiple acquisitions of STACK oil and gas properties from various private sellers
  • QEP Resources in its sale to Middle Fork Energy Partners of natural gas and oil assets located in the Uinta Basin
  • A multi-national conglomerate in a drilling joint venture in the Barnett Shale with a publicly-traded E&P company
  • Vortus Investments in connection with multiple investments in privately held E&P companies targeting oil and gas properties located in the Arkoma Basin, Williston Basin, DJ Basin, Midland Basin, and Eagle Ford Shale
  • Hess Corporation in the sale of its Bakken produced water business to Hess Infrastructure Partners for US$225 million
  • A PE fund in a joint venture with a private E&P company to acquire and develop oil and gas properties in the DJ-Basin
  • A private E&P company in its acquisition of Williston Basin oil and gas properties from a public seller
  • QEP Resources in its US$600 million acquisition of Midland Basin oil and gas properties from a consortium of private sellers
  • Summit Discovery Resources in its sale of Midland Basin oil and gas properties to a private buyer
  • Newfield Exploration Company in its sale of South Texas oil and gas properties to a private buyer
  • Hess Corporation in its US$5.3 billion joint venture with Global Infrastructure Partners of its Bakken midstream assets
  • Newfield Exploration Company in its joint venture to acquire and develop Arkoma Basin oil and gas properties with a private investor
  • A consortium of partners in the formation of a JV to develop and operate a pipeline servicing points in Texas and Louisiana
  • Energy Transfer in its joint venture with Phillips 66 for the development of the Dakota Access and Energy Transfer Crude Oil Pipelines
Thought Leadership

Mr. Szalkowski regularly writes and speaks on oil and gas topics through Latham Client Alerts and webcasts. Recent additional papers and presentations include:

  • “Water Agreements Related to Shale Production: Procurement, Gathering, Recycling, and Disposal,” Institute for Energy Law Energy Transactions Conference, Houston, Texas, October 2019 
  • “Midstream and Upstream Joint Ventures in Oil & Gas: Structure Options, Transferability, Tax and Other Considerations," Strafford Publications Webinar Series, Houston, Texas, October 2018
  • “Examining a Typical Exchange Agreement," Rocky Mountain Mineral Law Special Institute, presentation and conference materials, Victoria, British Columbia, Canada, July 2018
  • “Midstream Joint Ventures," Texas Journal of Oil, Gas, and Energy Law Symposium, Austin, Texas, February 2018
  • “State of the Oil & Gas M&A Market: Not Just “Location, Location, Location” Anymore," Latham & Watkins Oil & Gas Transactions Seminar, Houston, Texas, November 2016
  • “Crafting Indemnification Provisions and Allocating Liabilities,” Rocky Mountain Mineral Law Foundation Special Institute, presentation, Santa Fe, New Mexico, May 2016. Also published in Rocky Mountain Mineral Law Foundation Journal, vol. 53, no. 2, 2016   


 
 
 
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