Sidley Represents Mitsui in Acquisition of Unconventional Gas Assets in Texas

Sidley represented Mitsui & Co., Ltd. (Mitsui) in the acquisition of approx. 92% working interest in an unconventional gas asset in South Texas from the operator, Silver Hill Eagle Ford E&P, LLC, a subsidiary of Silver Hill Energy Partners, LP.

This asset (a part of the Hawkville field, approx. gross 8,500 acres) has ready access to the Gulf Coast industrial area gas market, which includes liquefied natural gas (LNG) export terminals and ammonia plants. Additional gas production is expected from this asset with further development and Mitsui E&P USA LLC, a wholly owned subsidiary of Mitsui, will develop and operate the asset, aiming for stable gas production of over 200 million cubic feet per day from the field.

The Sidley team was led by Katy Lukaszewski, Jim Rice, and John Brannan III, with support from Kevin Hess. The team also included Sarah Tucker and Keturah Brown (all Energy and Infrastructure).