Lawrence Hall
Partner, Corporate & Financial Services
Larry Hall is a partner in Willkie’s Dallas office, where he is a member of the Corporate & Financial Services Department and the Private Equity Practice Group.
Larry maintains a broad transactional practice, with significant experience in the energy sector. He advises private-equity-backed and private-capital-backed companies in upstream and midstream transactions, including acquisitions and divestments; exploration and development participation arrangements; drillcos, securitizations and other financing arrangements; and restructuring and bankruptcy matters, including managing and participating in 363 sale processes. He advises private equity funds, family offices and management teams in equity funding arrangements, both inside and outside of the energy sector.
Larry maintains a broad transactional practice, with significant experience in the energy sector. He advises private-equity-backed and private-capital-backed companies in upstream and midstream transactions, including acquisitions and divestments; exploration and development participation arrangements; drillcos, securitizations and other financing arrangements; and restructuring and bankruptcy matters, including managing and participating in 363 sale processes. He advises private equity funds, family offices and management teams in equity funding arrangements, both inside and outside of the energy sector.
Experience
- Ranked in Chambers and Partners USA, since 2007
- Ranked in Energy: Oil & Gas (Transactional) - Global, Chambers and Partners, 2022 – 2025
- Named a "Lawyer of the Year” for Dallas Corporate Law, The Best Lawyers in America, 2013, 2018
- Speaker, “Water in the Desert – Alternative Means for Raising Capital for Cash Starved Oil and Gas Companies,” 67th Annual Rocky Mountain Mineral Law Institute, July 20, 2021
*Larry advised on certain of these matters prior to joining Willkie.
UPSTREAM AND MIDSTREAM M&A TRANSACTIONS SINCE 2021
- Sale of Hibernia Energy III, LLC and Hibernia Energy III-B, LLC holding Permian Basin upstream assets to Civitas Resources, Inc. for $2.25 billion
- Sale of private equity portfolio company holding Midcon upstream and midstream assets to private buyer for $2.1 billion
- Sale of Midcon upstream properties by private equity portfolio company to private buyer for $850 million
- Sale of Moonrise Midstream, LLC (with DJ Basin midstream assets) by Fundare Resources Company Holdco, LLC to Summit Midstream Holdings, LLC for $90 million
- Purchase of Permian Basin upstream properties by U.S. Energy Development Corporation
- Purchase of Permian Basin upstream properties by private equity portfolio company from private buyer for $360 million
- Sale of Permian Basin freshwater and produced water infrastructure by upstream private equity portfolio company to private equity portfolio company buyer, coupled with long-term arrangements for continued use of infrastructure
- Purchase and sale transactions involving mineral and royalty interests with aggregate purchase price approaching $1 billion, including:
- Purchase of Permian Basin mineral and royalty interests by private-capital-backed company from private buyers
- Sale of Permian Basin mineral and royalty interests by private equity portfolio company to private buyer
- Purchase of Permian Basin mineral and royalty interests by private-capital-backed company from private equity portfolio company
- Purchase of Permian Basin mineral and royalty interests by private-capital-backed company from private equity portfolio company
- Purchase of Haynesville Shale mineral and royalty interests by private-capital-backed company from private equity portfolio company
- Purchase of Midcon mineral and royalty interests by private equity portfolio company
- Purchase of Midcon mineral and royalty interests by private equity portfolio company
- Sale of Williston Basin upstream properties by private equity portfolio company to private buyer for $352 million
- Sale of New Mexico upstream properties by private equity portfolio company to private buyer for $63.5 million
- Sale of private-capital-backed company holding Gulf Coast upstream properties to private buyer for $95 million
- Sales, purchases and exchanges of Uinta Basin upstream properties by private equity portfolio company in multiple transactions
- Sale of Barnett Shale upstream properties by private equity portfolio company to private buyers for $122 million
- Sale of non-operated Midcon upstream properties by private equity portfolio company for $130 million
- Purchase of Wyoming upstream properties by private-capital-backed company from private equity portfolio company for $145 million
- Purchase of DJ Basin upstream and midstream assets by Fundare Resources Company, LLC from Whiting Petroleum Company
- Purchase of Midcon upstream properties by a private equity portfolio company from a private seller for $296 million
- Purchase of Midcon upstream properties by a private equity portfolio company from a private seller for $119 million
- Purchase of New Mexico upstream properties by private equity portfolio company from publicly held company for $20 million
- Sale of private-capital-backed company holding Midcon upstream properties to private buyer for $110 million
- Sale of privately held company with properties in various basins to private buyer for $35.5 million
PARTICIPATION AND DEVELOPMENT AND OTHER FINANCING ARRANGEMENTS SINCE 2021
- Representation of private equity portfolio company operator in Permian Basin drillco with publicly held company
- Representation of non-operator in multi-year well drilling program in the Permian Basin with private operator, coupled with acquisition of working interests from an affiliate of the operator
- Representation of non-operator in multi-year drilling program in the Permian Basin with publicly held operator
- Representation of non-operator in multi-year drilling program in Permian Basin with private company
- Representation of private equity portfolio company operator in wellbore ABS transaction
- Representation of private equity portfolio company operator in Eagle Ford Shale drilling opportunities with investment fund non-operator, coupled with sale of interests in underlying properties
- Representation of investment fund in multi-well drilling program in East Texas sponsored by a private equity portfolio company operator, coupled with an acquisition of working interests from the operator
- Representation of private equity portfolio company operator in Bakken drilling opportunities with investment fund non-operator
- Representation of private equity portfolio company operator in Permian Basin drilling opportunity
OTHER UPSTREAM AND MIDSTREAM TRANSACTIONS SINCE 2021
- Representation of Permian Basin private equity portfolio company operator in developing suite of agreements with private company providing for field-level electrical power needs
- Representation of Uinta Basin private equity portfolio company in formation of pipeline company with another Uinta Basin operator and related commercial agreements
- Representation of management team in connection with investment in, and incentive arrangements related to, acquisition by creditor in bankruptcy of Wyoming upstream properties
- Representation of private equity fund in minority investment in Delaware Basin operator
OTHER CORPORATE TRANSACTIONS AND MATTERS SINCE 2021
- Sale of control of internet retailer to foreign buyer
- Sale of control of oilfield services company to investment fund in connection with restructuring transaction
- Representation of family office in connection with participation in various acquisitions sponsored by other parties in various industries
- Representation of family office in connection with funding arrangements related to acquisition of software companies
Credentials
Education
Harvard Law School, J.D., 1990 University of Oklahoma, BBA, 1987