On April 3, 2020, the New Mexico State Land Office (“NMSLO”) announced the initiation of emergency rulemaking processes that would allow qualifying lessees of New Mexico state oil and gas leases to temporarily suspend production for at least 30 days (with a possible extension of up to 120 days following the commencement of longer-term rulemaking processes) without losing their leases or incurring a financial penalty.
This primer provides an overview of SPACs, including a comparison to an operating company IPO, their capitalization and economic structure, governance considerations, and the post-IPO target…
V&E partner Ramey Layne breaks down Texas IPO activity over the last 18 months.
V&E Partner Steve Gill discusses the rise of shareholder activism in the energy sector. Read his interview here.
With capital flooding back into the private equity energy space, private equity funds looking for talented management teams with whom to partner are finding a supply/demand imbalance.