Chad S. McCormick

Recent experience includes the representation of:

• Macquarie Infrastructure Partners II in the US$1.212 billion sale of Gadus Holdings Corporation, the parent company of WCA Waste Corporation, to GFL Holdco (US), LLC, a subsidiary of GFL Environmental Inc.
• Occidental Petroleum Corporation in its US$825 million sale of onshore oil and gas assets in Colombia to The Carlyle Group.

• Representation of an affiliate of Sixth Street Partners in a US$402 million overriding royalty interest acquisition and joint venture with Antero Resources Corporation. 

• WaterBridge, a portfolio company of Five Point Energy and provider of water management solutions to the E&P industry, on its issuance of US$345 million of equity capital through the issuance of US$195 million of common equity to Five Point Energy, GIC and management and issuance of US$150 million of perpetual preferred equity to a subsidiary of Magnetar Capital.
• Triten Energy Partners, LLC, an energy and oil company in Houston specializing in downstream infrastructure projects, in securing a US$150 million equity commitment from Tailwater Capital LLC, an energy-focused private equity firm based in Dallas.
• IFM Investors, in its US$10.3 billion acquisition of Buckeye Partners, L.P. (NYSE: BPL). The transaction was named "Private Equity Deal of the Year (Over US$10 billion)" by M&A Advisor (2020).
• Delek Group in its acquisition of a 22.45% working interest in the Caesar Tonga field in the Gulf of Mexico from Shell for US$965 million, and a long-term purchase agreement with Shell Trading (US) Company for the produced oil.
• WaterBridge Resources LLC, a portfolio company of Five Point Energy, in its acquisition of produced water disposal assets from, and entry into a long-term produced water management services agreement with, a subsidiary of Concho Resources Inc. (NYSE: CXO).
• EchoStar Corp. (NASDAQ: SATS) in the tax-free spin-off and subsequent sale of its broadcast satellite service business to DISH Network Corp. (NASDAQ: DISH).
• Milestone Environmental Services, LLC, an oilfield environmental services provider, in an exchange of real property and produced water disposal assets with High Roller Group.
• Intermediate Capital Group plc in connection with a US$60 million second lien credit facility, consisting of US$37 million of initial term loans and US$23 million of delayed draw term loans, in part to finance the acquisition of Utimus Fund Solutions and
  The Gemini Companies by the sponsor, GTCR.
• Ara Partners Group, an alternative asset manager, in its
  majority investment in Centric Gas Services, LLC, a local gas
  distribution platform headquartered in Magnolia, Texas.

Recent experience prior to joining White & Case includes the representation of:

• KKR/Venado Oil & Gas, LLC in its US$765 million acquisition of Cabot Oil & Gas Corporation's (NYSE: COG) developed and undeveloped oil and gas assets in the Eagle Ford Shale.
• Alberta Investment Management Company in its commitment to fund, along with a syndicate of financial sponsors, Howard Midstream Energy Partners LLC's strategic partnership with WPX Energy (NYSE:WPX) to develop crude oil and natural gas gathering and processing infrastructure in the Delaware Basin.
• Sable Permian Resources (formerly known as Permian Resources), a privately held exploration and production company backed by The Energy & Minerals Group, OnyxPoint Global Management, Sable Management, First Reserve and other investors, in connection with a recapitalization transaction that included an equity capital raise of approximately US$750 million, an optional equity purchase amount of approximately US$350 million, a debt for equity exchange of approximately US$325 million of secured and unsecured indebtedness and a debt for equity exchange of approximately US$250 million of junior subordinated notes.
• Pine Brook on its co-led US$600 million line of equity investment in Admiral Permian Resources, LLC with Riverstone Holdings.
• KKR in the preferred financing of Covey Park Energy LLC's US$465 million acquisition of assets in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies.
• Blackstone Energy Partners and Sanchez Energy Corporation in their 50/50 partnership, definitive purchase agreement and related financing to acquire Anadarko Petroleum Corporation's working interest in approximately 318,000 gross operated acres in the Western Eagle Ford for approximately US$2.3 billion.
• Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, in its US$1.24 billion acquisition of operated and non-operated upstream assets and operated midstream assets in the Marcellus Shale of north-central Pennsylvania from Anadarko Petroleum Corp.
• Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, in its US$207 million acquisition of oil and gas assets in the Marcellus Shale of north-central Pennsylvania from Mitsui E&P USA LLC.
• Alberta Investment Management Corporation on its agreement to acquire, on behalf of certain of its clients, an ownership stake in Howard Energy Partners from EnLink Midstream Partners, LP.
• The Blackstone Group in its US$1 billion capital commitment to Jetta Permian, LP, a Delaware basin-focused oil and gas exploration and production company.
• Alberta Investment Management Corporation in its US$500 million preferred equity investment in Howard Midstream Energy Partners, LLC.
• Energy Capital Partners Mezzanine Opportunities Fund in its preferred equity investment in Ramaco Development, a Yorktown-backed metallurgical coal miner.
• TPG Special Situations Partners, LLC in the formation of US$400 million drilling partnership to develop domestic unconventional resources in the Midland Basin with Hunt Oil Company.
• Chesapeake Energy Corporation in connection with sales of approximately US$1.2 billion of upstream assets to various private equity groups.
• Noble Corporation in its redomestication to UK.
• Transocean in its multiple sales of drilling rigs, including sale of 38 drilling rigs to private equity group.
• A private equity group in its "Double-wing" transaction involving acquisition of US$100 million company.
• Pride International, Inc. in its US$8.6 billion acquisition by Ensco plc.
• McMoRan Exploration Co. in its acquisition of Gulf of Mexico shelf properties from Plains Exploration & Production Company.
• ICO, Inc. in its cash/stock merger with A. Schulman, Inc.
• Chesapeake Energy Corporation in its spin-off of Seventy Seven Energy, Inc.
• Noble Corporation plc in its spin-off of Paragon Offshore plc.
• Liberty Media Corporation in numerous transactions including (i) the spin-off of Capital group; and (ii) the split-off of Capital and Starz groups, IAC/Interactive Corp., News Corp, and The DIRECTV Group, Inc., followed combination with remaining public interests in DIRECTV.
• Liberty Interactive Corporation in its spin-off of TripAdvisor.
• McDermott International, Inc. in its spin-off of The Babcock & Wilcox Company.
• Pride International, Inc. in its spin-off of Seahawk Drilling, Inc.
• Halliburton Company: IPO/Split-off of KBR, Inc.