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Pettit, Jeremy B.

Jeremy B. Pettit

Partner
  • Energy
  • M&A
  • Private Equity

Biography

JEREMY PETTIT’s practice focuses on mergers and acquisitions, private equity investments, joint ventures, and other transactions in the energy and infrastructure industries. His clients include public companies and private equity funds and their portfolio companies, as well as developers, exploration and production (E&P) companies, and midstream companies. He advises his clients on a wide variety of transactions in the energy and infrastructure space, including acquisitions and divestitures (A&D) transactions, joint ventures, farmins/farmouts, and structured equity and financing investments for companies in the upstream and midstream oil and gas, oil field services, industrial and specialty chemicals and materials, manufacturing, and renewables/low-carbon sectors. Jeremy has also represented clients in other highly regulated industries, including digital infrastructure and telecommunications, transportation, real estate, and medical devices.

Jeremy’s work has earned him recognition in Best Lawyers: Ones to Watch in America® 2026 for Energy Law, Mergers and Acquisitions Law, and Leveraged Buyouts and Private Equity Law.

Experience

Representative Matters

Oil and Gas

  • Ares Management Corporation – US$1.1 billion acquisition of Meade Pipeline Co LLC.
  • Morgan Stanley Energy Partners and its portfolio company, Presidio Investment Holdings LLC – multiple transactions, including:
    • US$660 million business combination of Presidio Investment Holdings LLC with EQV Ventures Acquisition Corp. (NYSE: EQV);
    • the largest single securitization then to date by value of oil and gas proved developed producing assets and the first such issuance to a syndicate of note purchasers;
    • Section 363 acquisition of substantially all of the oil and natural gas-producing properties in the Western Anadarko Basin of Texas, Oklahoma, and Kansas from Templar Energy; and
    • acquisition by Presidio of oil and natural gas-producing properties in the Western Anadarko Basin of Texas, Oklahoma and Kansas from Apache Corporation.
  • Stonepeak Infrastructure Partners – sale of its portfolio company, WTG Midstream Holdings LLC – the largest private Permian gas gathering and processing business with assets located in the core of the Midland Basin --  to Energy Transfer LP for US$3.25 billion.
  • Ensign Natural Resources LLC  – US$3 billion sale of its Eagle Ford Shale oil and gas assets to Marathon Oil Company (NYSE: MRO).
  • Tailwater Capital LLC – acquisition by a Tailwater-led consortium of Verdad Resources Holdings LLC, an independent oil and gas exploration and development company with assets in the DJ Basin of Colorado and Wyoming.
  • Teal Natural Resources – sale of Eagle Ford assets to SilverBow Resources Operating, Inc. (NYSE: SBOW) for a mix of cash and public stock.
  • BP America Production Company – material dispositions of upstream oil and gas producing properties across multiple basins in the lower-48.
  • Vital Energy (NYSE: VTLE) – acquisition of approximately 20,000 net acres in Glasscock County, Texas from Pioneer Natural Resources Company for a mix of cash and public stock consideration.
  • Denbury Resources Inc. (NYSE: DNR) – sale of working interests to and drilling joint venture with Navitas Petroleum (TLV:  NVPT.L) involving properties in four Southeast Texas oil fields.
  • Denham Capital Management – sale of majority interest in midstream portfolio company WhiteWater Midstream LLC to funds associated with First Infrastructure Capital.
  • Tug Hill – multiple acquisitions and divestitures of producing properties in the Appalachian basin.
  • Private equity fund – formation and initial investment into a platform company in connection with US$200 million acquisition of upstream assets in the Washakie. 
  • Private equity funds – acquisitions and divestitures of upstream oil and gas assets in the Powder River Basin.
  • Private equity-backed oil and gas company –  acquisition of upstream oil and gas assets in the SCOOP/STACK play in Oklahoma.
  • Public company independent E&P company – divestiture of interests in a joint venture with assets located in the Eagle Ford.
  • Private equity-backed oil and gas company – purchase of Bakken oil and gas assets in a Section 363 bankruptcy sale process.
  • Lynden Energy Corp (TSX Venture: LVL) – acquisition by Earthstone Energy Inc. in an all-stock transaction.

Industrial and Specialty Chemicals, Materials and Manufacturing

  • A fund managed by Macquarie Asset Management – acquisition from Dow Inc. of a 49% equity interest in Diamond Infrastructure Solutions, a provider of specialist infrastructure services to Dow and other industrial customers at five manufacturing sites in Texas and Louisiana, for approximately US$3.0 billion.
  • Azelis – acquisition of 100% of the shares of Gilco Ingredients, a specialty chemicals and food ingredients company.
  • Tailwater Capital LLC and Copperbeck Energy Partners LLC – sale of Saconix LLC, an industry-leading sulfuric acid and industrial chemicals distribution and logistics partner, to Sumitomo Corporation of Americas.
  • Fortive Corporation (NYSE: FTV) – US$2.7 billion carve-out acquisition of the Advanced Sterilization Products business from Ethicon, Inc., a subsidiary of Johnson & Johnson.
  • Carlyle Energy Mezzanine Opportunities Fund II, L.P. – formation of a joint venture with CSL Capital Management to acquire the domestic and international laboratory services business of Weatherford International PLC for US$205 million.

Digital Infrastructure, Telecommunications, Transportation and Logistics

  • Stonepeak Infrastructure Partners – US$200 million investment in TeleGuam Holdings, LLC, Guam’s leading digital infrastructure provider of data center, broadband, wireless, and subsea cable landing services.
  • Lightspin Technologies – acquisition by Cisco.
  • Precisely Software Incorporated, a portfolio company of Clearlake Capital Group and TA Associates – joint acquisition of Infogix, Inc., a multinational data controls and analytics software company.
  • Clearlake Capital Group, L.P. – acquisition of Precisely Software Incorporated, a global leader in data integrity that provides accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, together with TA Associates.
  • Fortive Corporation (NYSE: FTV) – acquisition of Censis Technologies Inc., a SaaS-based provider of inventory management in the surgical field, from The Riverside Company.
  • Private equity-backed rail infrastructure developer – Corporate governance and commercial agreements for private equity-backed rail project.

Energy Transition

  • Cresta Fund Management and Silverpeak Energy Partners – agreement with San Joaquin Renewables (SJR) to invest up to US$165 million to develop and construct a biomass-to-renewable natural gas (RNG) project in California.
  • Oscar W. Larson Company, a portfolio company of Trive Capital – acquisition of WildcoPES, a leading East Coast provider of sales, maintenance, inspection, testing, and construction management services to energy suppliers, independent retailers, and contractors.
  • Affiliates of Trive Capital Management LLC – stock acquisition of The Oscar W. Larson Company and related entities.
  • Investor group including Goldman Sachs, Global Atlantic Financial and GSO – US$200 million investment in Altus Power America Management LLC, a leading solar power project developer.

Some of the above matters were handled prior to joining Sidley.

Community Involvement

Membership & Activities

  • American Bar Association, Member
  • Texas Bar Association, Member
  • Dallas Bar Association, Member
  • J. Reuben Clark Society, Member
  • The Foundation for Natural Resources and Energy Law (fka The Rocky Mountain Mineral Law Foundation), Member
  • Association of International Energy Negotiators, Member
  • 29 Acres, Board of Directors member

Credentials

Admissions & Certifications
  • Texas
Education
  • University of Pennsylvania Law School, J.D., cum laude
  • Brigham Young University, B.A.