Paul, Weiss, Rifkind, Wharton & Garrison LLP has added Austin Lee as a partner to the M&A Group within the corporate department in Houston.
Lee advises public and private companies on the acquisition and divestiture of oil and gas properties, as well as on transactional and operational matters related to projects in the energy industry. He has represented clients on midstream and downstream energy projects, produced water and salt water disposal projects, and projects involving gas storage and related energy storage facilities.
Lee has represented lenders and borrowers on the financing of oil and gas properties, pipeline systems and other midstream assets, and development facilities. His experience additionally includes advising energy clients on distressed situations, including restructuring financial arrangements. He previously worked as an in-house upstream legal counsel at an independent exploration and production company, where he worked with a business unit covering areas of South Texas.
Lee's recent representations include advising Diamondback Energy and certain affiliates in the sale of producing non-operated properties in the Delaware Basin to Riverbend Energy Group; Apache Corp. and certain affiliates on multiple transactions, including the sale of certain unconventional producing assets in New Mexico to Permian Resources and a separate divestiture of non-core properties in the Permian Basin to an undisclosed buyer; and Grit Oil & Gas Management and its affiliate in the divestiture of Grit Oil & Gas II to Jonah Energy.
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