Experience Details
Representation:
Purchase and Sale Agreement, dated 12/15/09 by and among Pacific Energy Resources Ltd., San Pedro Bay Pipeline Company, Rise Energy Beta, LLC and SP Beta Properties, LLC
Participating Attorneys:
Albergotti, Robert D.,
Murphy, Sue P.,
Sharry, Janice V.,
Williams, Eric S.
Services: Mergers and Acquisitions,
Bankruptcy and Business Restructuring,
Energy and Petrochemical Industry
December 2009
Description:
Represented Rise Energy Partners, LP in Bankruptcy Code section 363 purchase of offshore California oil reserves, oil production platforms, and pipelines from Pacific Energy Resources Ltd. Transaction involved a court ordered auction and credit bid by Rise of indebtedness totalling approximately $500 million.